Senior Director, Risk Management

** Location
* * Costa Mesa - 3200 Park Center Drive, Suite 1000
** Business
* * At Brookfield Residential, a leading North American land developer and home builder for over 65 years, we have had one goal in mind – creating the best places to call home. From the development of award-winning, master-planned communities to the creation of well-designed homes, we are committed to cultivating exceptional life experiences for our customers, partners, employees, and members of the community.
As part of Brookfield — one of the largest alternative asset managers in the world — we harness our resources to bring a fresh approach, unparalleled creativity, relentless innovation, and sound Sustainability practices to the planning, development, and management of buildings everywhere. From offices, retail spaces, and logistics facilities to multifamily residences, hospitality establishments, and mixed-use structures — we are reimagining real estate from the ground up.

If you're ready to be a part of our team, we encourage you to apply.
** Job Description
**** Overview:
** The Director of Risk Management will lead the Company’s U.S. risk and insurance programs, providing strategic oversight and operational management across all aspects of risk transfer, claims administration, and insurance compliance. This role is responsible for assessing the Company’s insurance needs, negotiating and advising on coverage across a variety of agreements, including construction and development contracts, and presenting program recommendations to senior leadership.
The Director will manage the placement and administration of insurance policies, oversee the certificate of insurance process, track claims and covered expenses, and collaborate closely with legal, finance, development, and Customer Care teams to ensure alignment with operational and financial objectives. The position interacts with stakeholders on insurance related litigation matters. In addition, the Director will lead the enhancement and implementation, and optimization of an Enterprise-wide risk management information system (REMIS).
This position also includes oversight of day-to-day department operations, including building, mentoring, and developing a high-performing team, establishing performance expectations, and driving a culture of accountability and professional growth.
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* Key Responsibilities:

*** Review, negotiate, and advise on insurance requirements across a range of agreements, including construction contracts, development management agreements, and other operational contracts.
* Assess and determine the Company’s insurance coverage needs and risk transfer strategies across operations.
* Develop and present insurance program recommendations to senior leadership, including coverage structure, limits, and cost considerations.
* Procure, place, and manage the Company’s insurance programs, including policy renewals and ongoing coverage administration. Review and validate issued insurance policies to ensure alignment with negotiated terms and Company requirements.
* Maintain and oversee the Company’s insurance policy repository and related documentation.
* Lead the administration and oversight of the certificate of insurance process, including issuance, compliance monitoring, and collection from vendors, contractors, and partners.
* Track and manage insurance-covered expenses and coordinate reimbursement or recovery from insurers as appropriate.
* Monitor and analyze loss runs and claims activity to identify trends and inform risk mitigation strategies.
* Partner closely with the Legal Department on insurance-related litigation matters, including claims management, coverage interpretation, and contractual risk transfer and discovery.
* Oversee the tendering and management of insurance claims to carriers.
* Maintain strong relationships with external insurance partners, including carriers, brokers, and industry peers.
* Monitor insurance market conditions and trends to proactively position the Company’s risk management program.
* Collaborate with development teams across the US to support project-level risk management and insurance compliance.
* Work closely with Finance and…