What are the responsibilities and job description for the Insurance Specialist position at Allied REIT?
Allied is looking for an Insurance Specialist to join our Lease Documentation team in Toronto.
At Allied, everything starts with purpose. In the role of Insurance Specialist, you will have familiarity with insurance terminology, policy structures and a good understanding of real estate leases and tenant-landlord agreements and awareness of local and national regulations governing insurance compliance for commercial and residential tenants. The Insurance Specialist is responsible for managing and coordinating insurance-related matters for a national portfolio. This role involves ensuring commercial and residential tenants comply with lease requirements regarding insurance, reviewing policies for adequacy, and mitigating potential risks to the property owner or manager. The insurance specialist acts as a liaison between commercial and residential tenants, landlords, and insurance providers to address compliance.
Who are you?
We are building upon our achievements at Allied, and the future is exciting. How can we be so sure? We have people like you—engaged, risk-takers who consistently deliver their best.
Throughout your career, you have stood out for your pursuit of excellence. You are self-motivated, take ownership, and lead by example. In doing so, you elevate your team and collaborate towards your collective goals.
Above all, you are excited by Allied's mission and the contribution we make to improve cities and communities.
What will you do?
- Act as main point of contact for all commercial and residential tenant insurance nationally.
- Respond promptly to all internal and external commercial and residential tenant insurance queries, requests and concerns, providing excellent customer service.
- Analyze and verify all certificates of insurance to ensure compliance with lease requirements.
- Ensure accuracy of certificates uploaded to Yardi (coverage dates, amounts etc.)
- Contact commercial and residential tenants upon expiring insurance to obtain new certificates.
- Collaborate closely with cross-functional teams including Portfolio Operations, Lease Documentation, and Technology.
- KPI reporting.
- Provide guidance on obtaining appropriate coverage and resolving insurance-related issues with the landlord's insurance provider.
- Identify potential gaps in commercial and residential tenant coverage that could expose the landlord to risk.
- Maintain accurate insurance documentation in compliance management systems.
- Regularly update tracking tools and ensure accessibility for internal stakeholders.
- Any other tasks or duties as assigned.
What are we looking for?
Would be an asset :
Who are we?
Allied Properties REIT (TSE : AP.UN ) is a leading owner and operator of distinctive urban workspace in Canada's major cities. Allied's business is providing knowledge-based organizations with distinctive urban environments for creativity and connectivity.
We are also a great place to work. Allied is listed as a 2023 Best Employer in Canada as part of Kincentric's Best Employers global certification, which distinguishes organizations that demonstrate strong results in employee engagement, organizational agility, engaging leadership and talent focus.
We are committed to hiring the most qualified candidates with a dedication towards supporting diversity, equity and inclusion across our organization. All qualified applicants will receive consideration for employment without regard to gender, ethnicity, origin, sexual orientation, disability and socioeconomic background.
Note : If you require any form of accommodation during the recruitment and selection process, please let us know. We will work with you to provide as seamless a recruitment experience as possible.
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