What are the responsibilities and job description for the Risk Management Development Consultant position at EPIC Brokers?
Background :
EPIC's client is a real estate investment advisor registered with the U.S. Securities and Exchange Commission ("SEC"). Our client - provides investment advisory services to funds and institutional clients on a discretionary and non-discretionary basis. As a wholly owned subsidiary of clients' parent company, our client combines deep market knowledge with capital investment to deliver value for its clients.
Overview :
Our client is looking for a Risk Management professional whose objective is two-fold : To ensure our clients' real estate investments are adequately insured through the day-to-day coordination of internal and external teams and to champion and execute operational risk practices throughout the company. The Risk Management Group currently insures core and value add US real estate assets with a total insured value of approximately $15b across various sectors, including residential, retail, industrial, office and storage.
Primary Responsibilities :
Developments :
- Work closely with our client's value add / development teams to underwrite each construction project based on occupancy, TIV, gross square footage, location, exposure, construction detail, project costs, timeline and other project specific subjectivities.
- Evaluate project risks for appropriate risk transfer strategies
- Work closely with internal stakeholders, joint venture partners, legal teams and insurance brokers to align risk management strategies with project goals.
- Manage the procurement and placement of builder's risk, owner's interest liability, OCIP, construction related pollution insurance, professional indemnity and bonds, as necessary.
- Review project contracts to identify insurance responsibilities of each party (manager / developer / general contractor / others as applicable) and ensure proper coverage, limits, deductibles and terms & conditions.
- Ensure lender requirements are met.
- Maintain the Development Project Tracker and follow all ground-up development and expansion projects from commencement to completion.
- Provide operational premium indications to internal stakeholders.
Acquisitions and Dispositions :
Other Responsibilities :
Your Skills and Experience :
WHY JOIN EPIC?
EPIC embraces diversity in all its various forms-whether it be diversity of thought, background, race, religion, gender, skills or experience. We are committed to fostering a work community where every colleague feels welcomed, valued, respected and heard. It is our belief that diversity drives innovation and that creating an environment where every employee feels included and empowered, helps us to deliver the best outcome to our clients.
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