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Senior Director, Head of Risk Management

Job in Newton, Middlesex County, Massachusetts, 02165, USA
Listing for: RMR Group Inc.
Part Time position
Listed on 2026-02-19
Job specializations:
  • Management
    Risk Manager/Analyst, CFO
  • Insurance
    Risk Manager/Analyst
Salary/Wage Range or Industry Benchmark: 234000 - 254000 USD Yearly USD 234000.00 254000.00 YEAR
Job Description & How to Apply Below

Overview

The Head of Risk Management is a high-impact leadership role responsible for protecting capital, assets, and reputation of The RMR Group and its clients. Managing a national portfolio with $40B in assets under management, including 18,000 residential and 2,000 commercial units, the incumbent will evolve the risk function from a defensive compliance unit into a strategic value-driver. The role reports directly to the COO and serves as the primary risk advisor.

The ideal candidate combines strategic vision with operational execution, leveraging technology and predictive planning to proactively identify, mitigate, and manage financial, operational, and insurable risks for multi-family, industrial, retail, office and other commercial properties.

Responsibilities Insurance Strategy & Risk Placement
  • Own the enterprise-wide insurance strategy across all RMR asset classes.
  • Design, place, and optimize Property, Liability, and Specialty programs.
  • Align coverage structures, deductibles/SIRs, and retentions with risk appetite and ownership models.
  • Ensure lender and equity partner insurance requirements are met (with Compliance).
  • Lead process improvements and technology upgrades (e.g., Origami Risk).
  • Guide Operators in preparing for and responding to major events.
Claims Governance & Oversight
  • Provide centralized oversight of all claims, including Bonds.
  • Set and monitor settlement authority limits and escalation thresholds.
  • Ensure consistency in claims handling, reserving, and outcomes across asset classes.
Stakeholder & Partner Management
  • Serve as the primary contact for brokers, carriers, TPAs, and advisors.
  • Lead negotiations on pricing, terms, and claim resolutions.
  • Act as the main insurance interface for Asset Management and senior leadership.
Financial Transparency & Forecasting
  • Improve visibility into projected insurance costs and market trends.
  • Provide timely, reliable cost projections to Asset Managers.
  • Enhance confidence in communications with equity partners and investors.
Governance, Reporting & Board Support
  • Deliver portfolio-level reporting on losses, renewals, and emerging risks.
  • Support leadership and Board/Audit Committee discussions on risk financing strategy.

    Recommend adjustments to coverage, retention levels, and funding approaches.
Organizational Capability Building
  • Define clear ownership, standards, and processes within Risk Management.
  • Build internal insurance and claims expertise.
  • Reduce reliance on ad-­hoc or operator‑driven decisions.
Qualifications
  • Experience:

    A minimum of 10+ years of risk leadership within institutional real estate or industry with comparable risk exposure.
  • Education:

    Bachelor’s degree in Risk Management, Finance, Insurance, Business Administration, or related field; MBA or Master’s in Finance/Risk Management, FRM, PRM, or CRM designations highly preferred.
  • Competencies:

    Exceptional executive presence, deep regulatory knowledge, crisis leadership and a track record of managing large-scale insurance renewals.
Total Rewards

The RMR Group offers an extensive total rewards package to ensure that your benefits align with your needs. Employees who work at least 21 hours per week are eligible to participate in The RMR Group’s benefits plans, including:

  • Health Insurance
  • Dental Insurance
  • Vision Insurance
  • Life & Disability Insurance
  • Health Savings Account (HSA) & Flexible Spending Plans (FSA)
  • 401(k) Plan with Employer Match
  • Holidays, Vacation & Sick Time
  • Parental Leave
  • Tuition Assistance
  • Matching Gift Program
  • Wide Array of Voluntary, Employee‑Paid Benefits to choose from including Critical Illness & Accident Insurance, Identity Theft Protection & Pet Insurance

The estimated base compensation range for this position is $234,000 to $254,000 per year. RMR considers several components including an individual's skills, qualifications, experience, internal equity, and market data.

Company Overview

The RMR Group (Nasdaq: RMR) is a leading U.S. alternative asset management company, unique for its focus on commercial real estate (CRE) and related businesses. RMR’s vertical integration is strengthened by nearly 900 real estate professionals in more than 30 offices nationwide who manage approximately $40 billion in…

Position Requirements
10+ Years work experience
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