Real Estate Property Insurance Risk Analyst - Aegon AM
Responsibilities:
- Responsible for analysis, negotiation with operating partners, borrowers, risk managers, property managers, and other external decision makers, and approval of insurance contracts in form, limits, and policy type appropriate to each risk at the time of origination and upon annual insurance renewal for multiple asset classes.
- Recommend insurance coverage policies, procedures, and standards used to evaluate and service insurable risks. Advise management of risk management trends and legislative changes in the P&C insurance industry and recommend changes to Aegon Asset Management's insurance requirements/policies and procedures, and responsible for implementing and maintaining insurance requirements.
- Manage claims/remediation process for reconstruction of property casualty losses resulting from natural or other disasters.
- Manage lender's escrow reserve accounts and process for ensuring borrower's compliance with lender's requirements for disbursements to borrower.
- Evaluate property insurance on properties or loans acquired through acquisitions and negotiate with partners, borrowers, and risk managers to bring property insurance into compliance with current practices and in accordance with applicable governing documents.
- Understanding of technical P&C insurance concepts for multiple property types and geographic locations.
- Understanding of complex construction components and real estate occupancies.
Required Qualifications:
- Bachelor's degree or equivalent experience with some work exposure in P&C insurance.
- Knowledge of P&C insurance contract law and policy contracts.
- Some knowledge of joint venture agreements, loan documents, leases, surveys, appraisals, property management agreements and replacement cost estimates.
Preferred Qualifications:
- 2+ years of experience in property and casualty (P&C) insurance field
- Working towards licensed personal and commercial lines insurance professional.
- Knowledge of real estate construction.
Job and compensation levels depend upon an applicant’s qualifications including the extent of candidate’s relevant experience and other job-related factors and will be determined by hiring supervisors/managers and HR.
At Aegon Asset Management, we are committed to fostering a diverse workforce and an inclusive culture. We are more than a global Asset Management firm – we are a people business, and we recognize that delivering excellent client outcomes comes from embracing diverse perspectives. We value diversity in the full range of human uniqueness without limitation including race, gender, ability, language, culture, beliefs, age, origin, background, perspectives and experiences.
We are open to considering flexible working practices. Please talk to us about what this means for you.
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