Risk Insurance Manager

Korn Ferry has partnered with our client on their search for Real Estate and Hospitality Risk Manager

The Real Estate and Hospitality (REH) Risk Manager leads the risk management strategy and oversees risk and insurance programs for our Real Estate and Hospitality business partners. This role focuses on protecting assets, reducing losses, and proactively assessing risk. The role will deliver value by implementing cost containment, utilizing data-driven decision making, and building collaborative relationships as a trusted risk expert to our real estate and hospitality business partners.

• Collaborate with management, brokers, and carriers to build and maintain insurance programs that strategically address industry-specific threats while ensuring alignment with overall business objectives
• Conduct regular risk assessments and audits across the portfolio to assess program effectiveness, identify potential exposures and forecast future risks
• Develop and propose recommendations for new and/or improved programs to support proactive risk and loss control programs, reduce costs, and mitigate company exposures. Present the recommendations to risk, operational and corporate leadership
• Manage annual renewals of insurance programs, including participation in renewal meetings, preparation of renewal specifications, underwriting renewal submissions and applications, quote reviews, and strategy discussions
• Direct the management of the insurance program administration, including policies, certificates of insurance, claims, bonds, state filings, policy audits, and invoicing
• Manage the database of risk exposures with continual updates to reflect current valuations and accuracy of asset insurable values
• Serve as key contributor to support the Risk Management Information System (RMIS) including but not limited to the timely, accurate and complete input of all necessary information as needed
• Oversee development and administration of data analyses to assess program performance and identify potential changes and additions to coverages
• Direct development of comprehensive documentation of departmental processes, to be utilized for audit and training purposes consistent with DFSS practice and standards
• Collaborate with other departments and business units (including affiliated companies, Legal, Human Resources, Safety, Facilities, Logistics, Accounting) to review risk related and/or insurance related provisions in contracts to avoid improper assumption of risk

• Bachelor’s degree required with an emphasis in business, risk management, finance, or related field of study, preferred
• Demonstrated progressive experience administering, developing, implementing, and improving risk management programs for an organization
• Experience managing multi-faceted property and casualty insurance programs in real estate and hospitality industries
• Experience with captive management and other alternative risk financing strategies
• Strong understanding of construction risk and overall property and casualty insurance placement
• Ability to analyze and optimize TCOR using data visuals and reporting tools (i.e. Riskonnect, Origami)
• Experience working with RMIS system
• Supervision experience with strong leadership and management skills including motivational, performance assessment, and constructive feedback experience
• Excellent verbal and written skills necessary in order to persuade and influence decision making of individuals, groups or work teams, and explain difficult issues
• Excellent analytical and reasoning skills with the ability to research problems independently and evaluate appropriate solutions
• Strong attention to detail and accuracy
• Ability to effectively present to an audience
• Experience using Microsoft Office, including the ability to create basic reports, documents, presentations and spreadsheets in MS Word, MS Excel and MS Power Point
• Demonstrated ability to establish and maintain strong interpersonal relationships and interact effectively and collaboratively with all levels of the organization
• Ability to adapt in a dynamic, customer-focused work environment
• Certified Risk Manager (CRM), Associate in Risk Management (ARM), Certified Property Casualty Underwriter (CPCU) or other relevant professional certification, preferred
• Familiarity with corporate safety programs, OSHA and DOT safety-related requirements, preferred