Commercial Insurance Risk Specialist

A growing real estate organisation is seeking a Risk Management Specialist to help identify, assess, and reduce operational and financial risk across a diverse property portfolio and development projects. This individual will play a key role in insurance administration, claims management, contract compliance, vendor oversight, and risk mitigation programs.

Client Details

A company in the property industry located in the Bronx.

Description

Key Responsibilities

Risk Management & Loss Prevention

• Evaluate operational, construction, financial, and property-related risks.
• Analyse incidents, claims data, and loss trends to identify improvement opportunities.
• Recommend preventative measures, training programmes, and process enhancements to minimise exposure.
• Assist with enterprise-wide risk assessments and mitigation planning.

Insurance Programme Administration

• Support policy placements, renewals, audits, and coverage reviews.
• Coordinate with brokers and insurance carriers regarding policy requirements and changes.
• Review insurance documentation, endorsements, limits, deductibles, and coverage provisions.
• Maintain accurate insurance records and exposure schedules.

Claims Management

• Assist in the administration of property, liability, workers' compensation, and construction-related claims.
• Coordinate with adjusters, legal counsel, investigators, and internal stakeholders.
• Monitor claim activity, documentation, reserves, and resolution timelines.
• Track trends and identify opportunities to reduce future losses.

Contract & Vendor Compliance

• Review contracts to ensure adequate insurance and risk transfer provisions.
• Verify certificates of insurance and supporting documentation from vendors and contractors.
• Support compliance monitoring for consultants, subcontractors, and service providers.
• Identify contractual exposures and escalate concerns when appropriate.

Regulatory & Operational Compliance

• Monitor relevant federal, state, and local regulations affecting property operations and development activities.
• Provide guidance regarding incident reporting, record retention, inspections, and corrective actions.
• Support internal compliance efforts and risk-related reporting requirements.

Reporting & Documentation

• Maintain claims logs, compliance trackers, contract records, and insurance databases.
• Prepare reports on risk metrics, insurance costs, emerging exposures, and mitigation efforts.
• Assist leadership with risk-related presentations and strategic planning initiatives.

Cross-Functional Partnership

• Collaborate with teams across property management, construction, finance, accounting, human resources, technology, and legal functions.
• Serve as a resource on risk management, insurance, and compliance matters.

Profile

Required

• Bachelor's degree in Business, Risk Management, Insurance, Finance, Real Estate, Construction Management, Legal Studies, or a related discipline.
• 6+ years of relevant experience in risk management, insurance, claims administration, compliance, construction, property management, or related fields.
• Working knowledge of commercial insurance policies and claims processes.
• Experience reviewing contractual insurance and indemnification provisions.
• Strong analytical, organisational, communication, and problem-solving abilities.
• Ability to manage multiple priorities in a fast-paced environment.
• Proficiency with Microsoft 365 applications, including Excel, Word, Outlook, Teams, and SharePoint.

Preferred

• Experience supporting multifamily, mixed-use, commercial real estate, or construction operations.
• Professional insurance, risk management, or compliance certifications.
• Knowledge of workplace safety standards, construction risk management, and vendor compliance programmes.
• Experience with insurance renewals, audits, claims systems, or property management platforms.
• Spanish language skills are a plus.

Desired Competencies

• Risk analysis and decision-making
• Insurance and claims administration
• Contract review and compliance
• Stakeholder management
• Attention to detail
• Effective negotiation and communication
• Confidentiality and professional judgement
• Adaptability and continuous improvement mindset

Job Offer

• Competitive salary ranging from $90,000 - $165,000.
• Comprehensive benefits package.
• Permanent position in the Bronx

MPI does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity or expression, national origin, age, disability, veteran status, marital status, or based on an individual's status in any group or class protected by applicable federal, state or local law. MPI encourages applications from minorities, women, the disabled, protected veterans and all other qualified applicants.