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Real Estate Client

Corporate Risk Manager

  • Berkeley Heights, NJ
  • Full Time

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Office Status: Hybrid

Salary:  $130,000 to $160,000

Responsibilities:

  • Research and report on the most cost-effective plans to minimize asset liability.
  • Prepare loss analyses and budgets, identifying exposures and other approved programs.
  • Ensure the organization’s risk management policies and strategies comply with applicable laws, regulations, and strategic corporate imperatives.
  • Oversee and monitor all operational risk management activities of the organization.
  • Monitor and analyze operational risks within the company’s business units.
  • Set (and enforce) required coverage types, applicable limits, and sub-limits, and all other requirements on all contracts entered into by the organization, including, without limitation, endorsements, cancellation notifications, subrogation, and additional insured requirements.
  • Escalate to Management key matters of risk and control.
  • Handle all renewals of insurance coverages (excluding medical and dental) maintained by the organization.
  • Review and analyze risk management programs for the effectiveness of coverage and to reduce costs and losses.
  • Ensure the proper and efficient handling of claims and evaluate claims’ financial value.
  • Act as a liaison to attorneys (internal and external), insurance companies, and individuals, investigating any incidents that may result in asset loss.