Job DescriptionJob Description
The Risk Manager supports executive leadership by developing and implementing insurance solutions for the organization. Successful solutions are based on a deep understanding of the business model of the organization, design of risk strategies that align with the business model, implementation of risk and insurance solutions, training risk owners, and supporting decisions that lead to profitable outcomes and increased organizational resilience.
Essential Duties and Responsibilities
- Identify emerging risks and opportunities to improve the organization's competitive advantage.
- Lead the insurance renewal process, collaborating with internal stakeholders, brokers, and carriers to achieve optimal risk retention, terms, and rates.
- Collect, analyze, and maintain data related to construction, occupancy, protection, exposure (COPE), revenue, payroll, and employees for reporting and insurance purposes.
- Apply loss analysis and rating principles to support self-insured retention plans and develop premium allocation methodologies.
- Support quoting processes for insurance program changes and conduct due diligence for mergers and acquisitions, focusing on risk identification and cost savings.
- Develop and manage requests for proposals for brokers and vendors; supervise distribution of certificates of insurance.
- Prepare and share financial reports, including loss bordereaus and carrier cost allocation, and maintain accurate loss estimates for financial planning.
- Collaborate with accounting and finance teams to support cash flow, validate premium audits, and manage internal billing and receivables related to insurance.
- Manage claims by reviewing incident reports, coordinating with carriers and third-party administrators, and representing the organization in mediations and litigation.
- Utilize information management systems to produce timely, credible reports and maintain the risk and employee database.
- Review contracts for risk transfer, ensure compliance with contractual insurance requirements, and address issues with risk management programs or policies.
- Develop and deliver training to build organizational risk competency and serve as an internal resource for risk and insurance processes.
- Perform other duties and responsibilities as assigned.
Qualifications
- Bachelor's degree in a relevant field; CRMP, ARM, or CPCU designation .
- Minimum 10 years of progressive experience in risk management, preferably in commercial real estate.
- Advanced knowledge of risk management terminology, legal documents, and insurance applications.
- Proficiency in word processing, spreadsheets, and database management.
- Strong analytical, communication, and supervisory skills.
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed above are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
About Lincoln Property Company
Lincoln Property Company ("Lincoln") is one of the largest private real estate firms in the United States. Offering a fully integrated platform of real estate services and innovative solutions to owners, investors, lenders and occupiers, Lincoln supports the entire real estate lifecycle across asset types, including office, multifamily, life science, retail, industrial, data center, production studio, healthcare, government, universities, and mixed-use properties, throughout the United States, United Kingdom, and Europe. Lincoln's combined management and leasing portfolio on behalf of institutional clients includes more than 680 million square feet of commercial space. For more information, visit: www.lpc.com.
All job offers are contingent on completion of a background check and proof of eligibility to work in the United States.
By submitting your information or resume in response to this opportunity, you acknowledge that your personal information will be handled in accordance with Lincoln Property Company's privacy policy.
Lincoln Property Company does not accept unsolicited resumes from third-party recruiters unless they were contractually engaged by Lincoln Property Company to provide candidates for a specified opening. Any such employment agency, person or entity that submits an unsolicited resume does so with the acknowledgement and agreement that Lincoln Property Company will have the right to hire that applicant at its discretion without any owed to the submitting employment agency, person or entity. At this time, we are not working with any agencies.