Job Description

Director of Insurance

Location: New York

Company: AVR Realty Company is a leading private real estate development, investment, and management firm. The company was founded by Allan V. Rose and is headquartered in Yonkers, New York. The portfolio spans 20 states and over 50 cities and includes hotels, multifamily apartments, retail centers, office buildings, industrial assets, and ground-up developments.

AVR Realty has built its reputation for vision, innovation, and quality over its 70-year history. Award-winning assets in the portfolio include The Roosevelt Hotel in New Orleans, The Boulevard within a master-planned community in Brookhaven, NY, and the Renaissance Hotel at the Gateway complex in Atlanta. AVR’s capability to own and operate all aspects of large-scale developments is unique and stems from an extensive development history with over 100 projects built nationwide.

Position Summary: The Director of Insurance will be responsible for managing and maintaining optimal insurance coverage for the company's diverse real estate portfolio. This role involves developing strategies to mitigate insurance risks, collaborating with various departments to ensure comprehensive coverage, and overseeing all insurance-related activities. The Director of Insurance will work closely with the finance, legal, and operations teams to ensure that the company's assets are adequately protected.

Key Responsibilities:

• Develop and implement insurance strategies to manage and mitigate risks across the company's real estate portfolio.
• Oversee the procurement and renewal of insurance policies, ensuring optimal coverage and cost-effectiveness.
• Collaborate with internal teams, including finance, legal, and operations, to assess insurance needs and provide guidance on insurance-related matters.
• Manage relationships with insurance brokers, carriers, and other external partners.
• Conduct regular reviews of insurance policies and coverage to ensure compliance with industry standards and regulatory requirements.
• Analyze and report on insurance claims, identifying trends and areas for improvement.
• Provide training and support to internal teams on insurance-related topics and best practices.
• Stay up-to-date with industry trends and changes in insurance regulations to ensure the company's insurance program remains current and effective.

Qualifications:

• Bachelor's degree in Business, Finance, Risk Management, or a related field.
• Minimum of 7-10 years of experience in insurance management, preferably within the real estate industry.
• Strong knowledge of insurance products, policies, and regulations.
• Excellent analytical and problem-solving skills.
• Strong communication and interpersonal skills, with the ability to collaborate effectively with internal and external stakeholders.
• Proven track record of managing insurance programs and mitigating risks.
• Professional certifications such as CPCU, ARM, or similar are preferred.

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