Risk & Insurance Manager

The Risk & Insurance Manager is responsible for managing Cedar’s insurance and risk-management activities across its development portfolio and corporate operations, with particular emphasis on insurance supporting large-scale data center development and construction projects. This role serves as Cedar’s primary day-to-day partner with Willis Towers Watson and other insurance brokers, carriers, underwriters, consultants, and internal stakeholders. The Risk & Insurance Manager is responsible for coordinating insurance placements and renewals, managing development-site and Dev Co insurance requirements, evaluating coverage and pricing, challenging fees and premiums when appropriate, and developing and maintaining insurance programs designed to appropriately support Cedar's evolving development portfolio.

The position works closely with Legal, Development, Construction, Procurement, Finance, Accounting, and project leadership to evaluate insurance requirements, identify coverage gaps, manage risk transfer, support claims, and protect Cedar’s financial and operational interests.

Manage insurance requirements across Cedar’s data center development and construction portfolio. Coordinate insurance strategy and coverage requirements for new development projects and active construction sites. Ensure development projects are appropriately incorporated into Cedar’s insurance programs and coverage structures. Evaluate project exposures and recommend appropriate coverage, limits, deductibles, and risk-transfer strategies. Monitor insurance requirements throughout the development lifecycle and identify changes in exposure requiring additional coverage or modifications.

Coordinate project-specific insurance documentation and requirements with Development, Construction, Finance, Legal, and external partners.

Serve as Cedar’s primary day-to-day relationship manager with Willis and other brokers, carriers, underwriters, consultants, and insurance partners. Establish expectations for broker responsiveness, service quality, deliverables, market analysis, and renewal execution. Coordinate insurance submissions and ensure brokers and carriers receive accurate exposure, project, financial, and loss information. Evaluate broker recommendations rather than relying solely on proposed coverage or pricing. Maintain accountability for open insurance matters, deliverables, renewals, claims, and coverage requirements.

Manage Cedar and Developer level insurance programs and ensure coverage remains aligned with business operations and the development portfolio. Maintain visibility into existing policies, limits, deductibles, exclusions, endorsements, and renewal dates. Evaluate evolving business activities and project exposures to determine whether changes in insurance coverage are required. Coordinate certificates, evidence of coverage, endorsements, and other insurance documentation. Maintain appropriate insurance records and program documentation.

Lead the annual insurance renewal process from initial planning through placement and policy issuance. Coordinate collection and validation of exposure data, project information, loss history, forecasts, and other underwriting information. Review renewal strategies, market submissions, quotes, coverage alternatives, and broker recommendations. Analyze changes in premiums, rates, deductibles, limits, coverage, commissions, and other insurance costs. Challenge and negotiate premiums, broker fees, commissions, and other insurance-related costs when appropriate to ensure competitive economics and value for Cedar.

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