Risk Associate
26 days ago
Sarasota
Job Description Key Responsibilities • Assist with the preparation, maintenance, marketing, and updates of insurance data and reports needed for commercial real estate insurance renewals, audits, and inspections., • Assist with completion of insurance applications and document gathering as part of insurance procurement and underwriting processes, including property data, construction details, and loss history., • Collaborate with insurance brokers, carriers, and industry professionals on renewal strategies to achieve optimum outcomes for the real estate portfolio., • Assist with maintenance and analysis of the organization’s schedule of insurance (SOI), including binders and policies, to ensure data integrity and support renewal strategy across properties and assets., • Assist with identification and mitigation of risks and risk trends impacting the portfolio, including property damage, liability exposures, tenant operations, and construction-related risks., • Assist with preparation of risk reports, Total Cost of Risk (TCOR) analyses, and financial reports tied to real estate assets and operations., • Collaborate and assist internal team members and external stakeholders with insurance-related inquiries., • Support vendor and tenant onboarding processes to ensure insurance compliance obligations are met, including certificates of insurance (COIs), lease requirements, and contractual risk transfer provisions., • Assist with organizational safety, loss prevention, and compliance initiatives across the property portfolio, including tracking required actions for insurance renewals., • Contribute toward a proactive, risk-focused team environment by collaborating cross-functionally on real estate risk and insurance topics., • Perform any additional risk and insurance tasks, as needed. Preferred Qualifications • Bachelor’s degree in Risk Management, Finance, Business Administration, Real Estate, or a related field., • 3–5 years of experience in insurance, risk management, or commercial real estate operations., • Basic understanding of commercial property and casualty insurance (property, general liability, umbrella/excess, builder’s risk)., • Familiarity with leases, vendor agreements, and insurance compliance requirements in a real estate environment., • Strong analytical, organizational, and communication skills., • Proficiency in Microsoft Excel and data/reporting tools. Work Environment & Exposure • Exposure to a diverse commercial real estate portfolio (e.g., retail, office, industrial, mixed-use, development projects, and hotels)., • Interaction with brokers, insurers, property managers, asset managers, tenants, vendors, and lenders., • Involvement in insurance programs supporting acquisitions, development, and ongoing operations., • Fast-paced environment aligned with renewal cycles, audits, and portfolio activity.