American Realty Advisors (ARA) is one of the largest privately held private equity institutional real estate investment managers in the United States, with over $13 billion in assets under management. ARA invests on behalf of institutional investors through core and value-add real estate funds and separate accounts, targeting industrial, office, multi-family, and retail assets nationwide through direct equity, hybrid debt, mezzanine, and preferred equity structures.

The Role

The Assistant Vice President, Risk Management, will assist the Senior Vice President, Risk Management, in the day-to-day administration of ARA’s risk management strategies and insurance programs and will take the lead on the construction related insurance placements and single-family rental portfolio.

This role is based in either one of ARA’s downtown Los Angeles or Chicago offices. Candidates will be expected to be local residents and commute to the office.

Essential Functions

• Assume the primary role of the design and management of the property and liability programs of insurance for the single-family rental portfolio.

• Lead the placement of required coverage for development projects in line with overall risk management strategies.
• Work to support the risk information system including policy administration, and data management.
• Support SVP to assemble the underwriting information for the various programs
• Work with the SVP to achieve optimum program of risk retention and risk transfer through insurance, risk engineering and contract negotiations.
• Serve as a central point of contact concerning premium payments, premium allocations, and asset acquisition budgets.
• Interface with asset managers, lenders, property managers, leasing agents, buyers, sellers, and internal and external counsel on technical insurance and risk management matters.
• Contribute to the management of our third-party vendor services for various data platforms specific to the risk management team.
• Support the development and delivery of risk management programs to the organization, including meaningful communication and coordination inside and outside the organization.

Candidate Qualifications

Essential Business Experience and Technical Skills

• Bachelor's degree or equivalent with a major in business, real estate, finance, accounting, or similar background required.
• Continuing education or coursework in insurance such as CPCU, ARM, CRM, and INS designations preferred.
• A minimum of five years of professional experience in risk management focused on insurance programs, premium payments, brokers, and claims management.
• Experience in a collaborative risk management department with a proactive approach towards avoiding and minimizing risk, preferred.
• Experience with Riskonnect software is preferred.

Competencies

The ideal candidate for this role will exhibit competency in the areas listed below. At ARA, we see possessing these traits as vital to the success of the position:

Creative Thinking – An innovative thinker who translates thoughts into actionable items.

Works Collaboratively – A team player with a commitment to achieving objectives through collective action and communication.

High Energy – Thrives in a fast-paced, dynamic environment where multi-tasking is essential.

Models Our Values – Conducts daily business and interactions with mindfulness to reflect ARA’s culture and promote its values and standards.

Results Driven – Outperforms expectations and promotes the firm’s competitive advantage through an analytical and context-driven approach to problem-solving.

Job Specifications

• Expected work hours: 8:30 to 5:30, Monday through Friday, with occasional weekends.
• Travel: Business trips with overnight stays may be required. Occasionally may need to drive a personal vehicle for business.
• Work environment and physical demands: General office environment.
• Vaccination is required to enter the workspace and ARA will consider accommodations for disability- and religious-based reasons.

COMPENSATION

Estimated Salary: $125,000 to $225.000. Actual compensation will vary based on candidate’s qualifications, education, and experience

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties, or responsibilities required of the employee for this job. Duties, responsibilities, and activities may change at any time with or without notice.

American Realty Advisors is committed to equal employment opportunity. We do not discriminate based on an individual’s race and associated traits, sex, gender, religion, color, national origin, ancestry, physical or mental disability, medical condition, marital status, registered domestic partner status, sexual orientation, gender identity and expression, age, genetic information, military, and veteran status, or any other basis prohibited by law state or federal law. This policy governs all aspects of employment at American Realty Advisors, including hiring, assignments, training, promotion, compensation, employee benefits, employee discipline and discharge, and all other terms and employment conditions.