New York, NY | Direct Hire
Our client is a real estate development, construction, and acquisition firm based in New York City that’ s driven by an unmatched commitment to quality and innovation. With over nine million square feet of property in various stages of development, our client is an industry leader that’ s reinventing the very process through which major architectural projects are designed and built. Our client is rare among top real estate developers in that it performs all of the construction on its own projects. With no competing interests, our client is free to work with visionary architects in collaborations that always put the firm’ s desire to raise the bar for luxury developments first, no matter what. Our client' s team is composed of professionals who specialize in residential, hospitality, and mixed-use projects and have impressive backgrounds in architecture, construction, design, and engineering as well as extensive experience in major projects in both New York City and Miami. Our client is seeking a Risk Manager responsible for assisting with overall management of comprehensive corporate risk management and insurance programs with a concentration on risk identification, risk transfer and risk retention techniques. The Risk Manager coordinates closely with operations/project management, safety, human resources, legal and estimating while implementing risk management policies and procedures to protect the company' s assets and minimize liability exposures. ESSENTIAL DUTIES AND RESPONSIBILITIES: • Manage day-to-day interaction between all project participants, brokers and insurers related to risk management and insurance issues. • Manage all aspects of contract review as relates to insurance and bonds issues, including coordination of contract review with legal. • Analyze and understand insurable risks and potential risk mitigation opportunities; interact with operational groups to ensure coordination between project activities, exposures, and appropriate insurance coverage. • Review, initiate and direct the appropriate insurance coverage and pricing for all new bids and projects. • Ensure proper placement and coordination of any project specific insurance policies. • Lead communication efforts with outside risk consultants, brokers and surety companies to facilitate timely delivery of project- specific performance and payment bonds. • Manage Builders Risk programs, including reporting and premium allocations. • Review and analyze terms and conditions associated with proposed Controlled Insurance Programs (OCIPs and CCIPs); function as liaison between all participants. • Assist with management of corporate Subcontractor Default Insurance program, where applicable, including coordination with internal teams, external sales discussions, and management of broker and insurer relationships. • Analyze and provide appropriate prequalification feedback on subcontractor partners. • Oversee internal claim management efforts (workers compensation, general liability, automobile liability, builders risk) to include oversight of third party administrators, insurers, and defense attorneys. • Review and analyze loss control and trending reports, and coordinate with Operations to develop appropriate action plans. • Maintain knowledge of trends in construction insurance industry, including thorough working knowledge of insurance products, coverage and pricing. • Assist with compilation and development of data for annual renewal of corporate property and casualty insurance program, including management of brokers, approval of submissions, and negotiation of terms and premiums. • Assist with budgets, forecasts and financial reports, including the analysis of annual insurance premiums, financial performance of insurance programs, and determination of billing rates and premium allocations. • Assist with internal communication and advertising strategies related to all risk management initiatives. • Perform other duties as assigned. REQUIREMENTS: • Bachelors degree in Accounting, Business Administration or related field. • 3-5 years of relevant experience a must. Construction finance/accounting experience a plus. • Excellent analytical, organizational, interpersonal, verbal and written communication skills.