Risk Manager, Private Equity Real Estate; PERE

Risk Manager, Private Equity Real Estate (PERE)

Join Lockton as an Insourced Risk Manager for a large private equity real estate client.

We are seeking an experienced and motivated individual to join Lockton as an Insourced Risk Manager for a large private equity real estate client. In this role, the Risk Manager will be employed by Lockton within the Private Equity Real Estate (PERE) team; however, will be dedicated to the client as part of the client’s insourced risk management team. This person will report to the client’s internal risk management team.

Work from Lockton's offices in Chicago, New York, Boston, or Washington D.C. Domestic travel required between client’s offices.

• Oversee master and asset-level insurance programs including renewal cycles for property, liability, environmental, and other specialty insurance coverages.
• Create, develop, and implement policies and procedures to minimize risks, including contract review and negotiation, document management, and policy placement.
• Conduct property-level and portfolio-level risk assessments, identifying exposures related to natural hazards, operational risks, tenant issues, financing, and compliance.
• Analyze partners’ and managers’ insurance programs, create comparison documents and make recommendations to enhance insurance programs.
• Maintain compliance records related to third‑party insurance requirements.
• Evaluate and negotiate contracts to ensure compliance with established standards including property management agreements, joint venture agreements, leases, and loan agreements.
• Educate and assist operational groups to ensure coordination between project activities, exposures, and appropriate insurance coverage, including in‑person seminars and online webinars.
• Lead and manage all insurance claims for operational assets.
• Build and maintain strong relationships with JV partners, lender consultants, and internal and external counsel.
• Implement risk management practices in accordance with client processes for Business Continuity Management, Emergency Response, Enterprise Risk Management, ESG, Sustainability.

• Bachelor’s degree in risk management and insurance, or a business‑related field, or equivalent education and experience.
• Minimum 5‑10 years insurance and/or risk management experience, ideally in the Real Estate industry.
• Strong understanding of real estate and related insurance and risk management practices; development experience a plus.
• Direct experience with contract review and negotiation specific to insurance and indemnity sections of joint venture agreements, loan documents, property management agreements, and other legal agreements.
• The ability to provide guidance on insurance requirements to the executive teams, counsel, asset managers, clients, and business partners.
• Working knowledge of all lines of insurance – including policies, coverages, limits, and fundamentals.
• Excellent analytical, organizational, interpersonal, communication, and critical thinking skills.
• Excellent time‑management skills, flexibility, and ability to manage a variety of tasks simultaneously.
• Reliable and thorough with a deep commitment to accuracy.
• Excellent client service skills with ability to develop relationships at all levels.
• Must be legally able to work in the United States and will not require sponsorship for this position, now or in the future.

Mid‑Senior level

Full‑time

Finance and Sales;
Industries:
Insurance

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