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Location
New York - 225 Liberty Street, Suite 4301 (BP)
Business
At Brookfield Properties, our global network and relationships are here for our tenants and partners — wherever they are in the world. Where going to work never feels routine. We integrate commercial real estate with world-class shops, restaurants, and entertainment, creating spaces where work and play don’t just coexist, but thrive. If you’re ready to be a part of our team, we encourage you to apply.
Job Description
We Are Brookfield Properties:
At Brookfield Properties, our success starts with our people. People like you. Brookfield Properties develops and operates real estate investments on behalf of Brookfield Asset Management — one of the largest alternative asset managers in the world. From office to retail, logistics to multifamily, and hospitality to development, we work across sectors to bring high-quality, sustainable real estate to life around the globe every day.
We are seeking a Manger, Risk Management & Insurance to support the Noth American real estate business units in New York, NY. In this role, you will play a key part in inspiring change and continual improvement. If you are committed to excellence and ready to contribute to a dynamic culture, we would love to meet you.
Role & Responsibilities:
The candidate will work closely with the SVP Risk Management to help build out best-in-class risk management insurance programs and services. A primary responsibility will include working with lenders, consultants, legal counsel, and other internal stakeholders to provide subject matter expertise on appropriate insurance terms for legal documents, various due diligence efforts, and strategic risk initiatives. Additional responsibilities will include the underwriting preparation and placement of certain insurance policies.
Collaborate closely with the SVP Risk Management in developing business unit risk management strategies and the placement and management of insurance programs (Property, Casualty, E&O, Cyber, Environmental, Other)
Work closely with the legal and capital markets team to assist with insurance issues related to acquisitions, financing, leases, debt offerings or other real estate transactions
Develop and maintain strong relationships with insurance brokerage partners to ensure efficiency of insurance program administration functions including claim reporting, program invoicing, policy issuance and certificate of insurance requests.
Provide insightful and comprehensive risk management consulting services to business areas including vendor and merchant contract reviews, explanation of coverages, recommending appropriate insurance requirements and supporting loss control activities
Proactively identify trends, develop strategic plans, recommend solutions, implement risk reduction/ transfer methodologies to mitigate future losses and present findings to management as necessary
Collect and organize data for insurance program submissions and lead certain insurance program renewals as directed. Collaborate with internal partners to prepare comprehensive presentation materials in support of underwriter renewal meeting activities
Provide qualitative and quantitative analytical oversight and direction to special projects to model risk management programs across all lines of risk and evaluate the effectiveness of insurance & risk transfer programs
Your Qualifications:
Bachelor's degree, preferably in the field of Risk Management, Insurance, Finance or Legal. ARM, CPCU, CRM certification preferred
Minimum 5-7 years of progressive Risk Management experience, either in a corporate insurance environment, an insurance brokerage firm or insurance company
Extensive knowledge and understanding of business insurance lines, insurance policy forms and wordings, insurance market dynamics and conditions
Demonstrated ability to think strategically and execute value added solutions
Must be creative and demonstrate innovative thinking in responding to challenges presented by a rapidly evolving business model and regulatory environment
Must have strong analytical, interpersonal and communication skills with ability to effectively present to all levels of management and external audiences including brokerage and insurance market partners
Highly proficient in Microsoft business applications including Word, Power Point, Access, Excel
Demonstrate a sense of urgency and ownership to drive projects to completion
Ability to lead and work effectively and collaboratively within team settings and build partnerships both internal and external
Resourceful, self-starter with advanced problem-solving abilities to deliver creative solutions
Effective deliberation and negotiating skills resulting in successful outcomes
Exceptionally organized and solid project management skills with the capability to manage competing priorities
Able to thrive in a fast-paced environment
Your Career @ Brookfield Properties:
At Brookfield Properties, your career progression is important to us. Our leadership teams are dedicated to your success as an employee, and we invest time into training and developing our people. We take pride in knowing that 70% of our employees have more than 5 years of tenure.
Why Brookfield Properties?
We imagine, create, and operate on a foundation of values to build a better world, together. Brookfield Properties strives to create spaces where going to work never feels routine.
Compensation & Benefits:
Salary Type: Exempt
Pay Frequency: Bi-weekly
Annual Base Salary Range: $125,000 - $135,000
Medical & Pharmacy Coverage: Yes, under Brookfield Medical Plan
Dental Coverage: Yes, under Brookfield Medical Plan
Vision Coverage: Yes, under Brookfield Medical Plan
Retirement: 401(k)
Insurance: Employer-paid life & short/long term disability
Brookfield Properties is an equal opportunity employer, and we foster an inviting, inclusive and collaborative environment.
We are proud to create a diverse environment and are proud to be an equal opportunity employer. We are grateful for your interest in this position, however, only candidates selected for pre-screening will be contacted.
#BPUS
At Brookfield Properties, our success starts with our people. People like you. We develop, operate, and manage more than 800 properties and 350 million square feet of real estate across the globe. It’s a feat that wouldn’t be possible without our team, a diverse group of creative visionaries and innovative experts who are relentless in pursuit of one goal: to ensure our buildings don’t simply meet the needs of our tenants, residents, and communities — but exceed them, every day.