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Insurance Risk Manager for a Leading Real Estate Investment Firm
2 months ago
Palermo Advisors, a distinguished investment management firm, is seeking an experienced Insurance Risk Manager to oversee insurance procurement and claims management for real estate investments. The ideal candidate will be responsible for ensuring coverage aligns with organizational needs and managing risk exposure data to implement loss mitigation strategies.
Key Responsibilities- Effectively manage insurance programs to minimize risk and optimize costs
- Oversee the procurement, renewal, and claims handling processes to ensure seamless operations
- Analyze risk exposure data and collaborate with stakeholders to develop and implement loss mitigation strategies
- Make informed decisions on coverage, costs, and carriers to protect the organization's assets
- Maintain a comprehensive record of total cost of risk to inform business decisions
- Review contracts for insurance-related provisions to ensure compliance and risk management
- Manage insurance claims and analyze the financial impact to inform risk management strategies
- Develop and implement risk prevention and response programs to minimize losses
- Establish a risk management annual budget to ensure adequate resources
- Provide training and guidance to team members to enhance their risk management skills
- Build and maintain relationships with partners and contacts to ensure effective risk management
- Communicate high-risk exposures to senior executives to inform strategic decisions
- Bachelor's degree in business or a related field
- 7-10 years of experience in investment management or a related field
- Insurance designations such as Associate in Risk Management (ARM) are highly desirable
- Ability to work in a hybrid environment in specified locations
This position is open to U.S.-based applicants in specific locations. If you meet the requirements, we encourage you to apply.