Asset Management Associate

4 weeks ago


Saint Paul, Minnesota, United States AEI Capital Corporation Full time
Job Overview

AEI Capital Corporation is seeking a highly skilled Asset Management Associate to join our team. As a key member of our Asset Management Team, you will play a critical role in overseeing and maximizing the value of our portfolio of net lease commercial real estate assets.

Key Responsibilities:

  1. Manage insurance premium allocations and prepare quarterly insurance reports.
  2. Seek and track insurance expense reimbursement from tenants and other payors.
  3. Ensure vacant properties consistently maintain appropriate insurance coverage.
  4. Coordinate lease requirements with the asset manager, acquisitions department, property sales department, and tenants to ensure compliance on all insurance issues.
  5. Communicate and coordinate the implementation of corrective procedures on any default status.
  6. Manage insurance claims to ensure timely collection of proceeds and coordinate any remediation, construction, or corrective measures.
  7. Work with insurance brokers and third-party vendors to quote, bind, and maintain insurance coverage for AEI's portfolio of commercial properties.

Additional Responsibilities:

  1. Administer and track real estate tax valuations, assessments, payment, and reimbursements.
  2. Assemble data required to appeal valuations and track the status of appeals.

Requirements:

  • Bachelor's degree or relevant job experience.
  • Strong analytical and multi-tasking ability.
  • Proficient with Microsoft Office suite, advanced Excel skills preferred.
  • Comfortable with data management systems.

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