Insourced Risk Manager

About Lockton Northeast

For the Northeast Series, you'll find our people in the metropolitan areas spanning Washington DC, Philadelphia, New York City, Hartford, Norwalk, Boston, and Portland ME. With our unmatched work ethic, and an ability to go above and beyond to make a difference for our clients, the Northeast continues to experience double-digit (organic!) growth.

We offer a flexible & hybrid work environment that allows our Associates to split their time between in-person and remote.

Position Overview

We are seeking an experienced, motivated professional to join Lockton as an Insourced Risk Manager supporting a major private equity real estate client in the Metropolitan DC (Chevy Chase, MD) office. This position is part of Lockton's Private Equity Real Estate (PERE) team; however, the successful candidate will be dedicated exclusively to the client account and will work primarily from the client's offices in the Washington, D.C./Maryland area.

Core Responsibilities

The Risk Manager will provide direction and oversight of risk management at a corporate and national level for development and operational assets. The successful candidate will work alongside the client's risk management committee and partner with internal and external legal, development, and acquisitions teams to oversee and manage risk-related matters across a diverse portfolio of development, redevelopment, and stabilized real estate investments. This individual will enforce and drive strategy as it pertains to compliance, loss events and will improve internal processes to mitigate future loss and risk. Duties and responsibilities will include:

• Serve as the primary risk and insurance liaison among client leadership, asset management, business partners, and Lockton teams.
• Build and maintain relationships with executives, legal teams, joint venture partners, lenders, and external advisors.
• Communicate risk, insurance, and claims matters effectively to senior stakeholders.
• Lead strategic oversight and coordination of insurance claims.
• Manage builders risk, OCIP, and construction liability programs for development projects.
• Develop and implement risk management policies, procedures, and governance practices.
• Oversee master and asset-level insurance programs and support renewal strategy.
• Review and analyze insurance requirements, partner programs, contracts, and indemnification provisions.
• Maintain compliance with third-party insurance obligations and related documentation.
• Oversee enrollments, contracts, safety initiatives, and regulatory compliance matters.
• Evaluate project risks and recommend risk mitigation strategies for development, construction, and asset management activities.
• Partner with operational teams to align exposures with appropriate insurance coverage.
• Support enterprise risk management initiatives, including business continuity, emergency response, ESG, and sustainability programs.