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Insurance Risk Management Analyst

R4 Capital

Insurance / Risk Management

Boston, MA

Salary Estimate: $65,000.00 - $85,000.00

Employment Type: Full Time

Work Place: Hybrid

Experience Required: 1+ to 2 years

Education Required: 4 Year College

Benefits

Job Description

R4 Capital is seeking an Analyst to join the Insurance/Risk Management (“IRM”) team within the larger Risk Management team in our Boston, MA office to accommodate an expanding transaction pipeline. The Analyst will assist the Vice President, Assistant Vice President, and Associate members of the IRM team to facilitate the closing of both debt and equity Low Income Housing Tax Credit (LIHTC) executions. Primary responsibilities will include:

Analyze third party insurance coverage in accordance with R4 Capital and R4 Capital Funding Investment Standards to determine compliance.
Process Insurance waivers/exceptions with supporting documentation for non-compliant insurance issues.
Resolve non-compliant insurance issues with borrowers and insurance agents.
Inform and educate internal stakeholders about coverages, exclusions, and exposure.
Provide technical support to Equity and Debt Acquisition/Originations, Underwriting, and Asset Management during the due diligence period on new transactions.
Review Appraisals, Engineering, Seismic, and Phase I Environmental Reports to identify insurance-related risk profiles.
Track commercial multifamily insurance market rate trends, and benchmark against R4 portfolio performance to model cost data and provide insights used in underwriting analysis.
Assist with the renewal of R4 corporate insurance program on an annual basis.
Perform other duties as assigned.

Education And Experience:

Bachelor’s degree or equivalent experience.
1-3 years of commercial multifamily insurance experience.
Professional designations such as CIC, CPCU, ARM, AU, AINS, Property & Casualty license, or equivalent is preferred.
LIHTC experience preferred but not required.

Knowledge, Skills, And Abilities:

Clear knowledge of Commercial Insurance Coverage –Property, (including Flood, Wind, Earthquake and Terrorism), General Liability (including Workers Comp and Auto), Professional Liability and Umbrella/Excess Liability Insurance.
Proficiency navigating Microsoft Excel and similar data analysis tools, with the ability to assess and create data sets to support business decisions.
Ability to work as a part of a team, while providing a strong individual contribution.
Excellent attention to detail, judgment, flexibility, accountability and dependability.
Ability to work in high volume work environments, with strong time management and organizational skills, and the ability to prioritize workload.
Excellent written and oral communication skills.

R4 considers multiple factors to determine compensation, including a candidate’s education, training, qualifications, and experience. The minimum salary for the full-time Insurance Risk Management Analyst position is $65,000 annually and the maximum salary for the position is $85,000 annually. In addition, all full-time employees are eligible for a discretionary bonus and participation in various benefit plans, including medical, dental, vision, life, disability insurance, and 401K matching, in each case in accordance with the terms of the applicable plans. Interested candidates should send a resume and cover letter including salary requirements to ResumeBoston@r4cap.com.

R4 Capital is committed to the full inclusion of all qualified individuals. In keeping with our commitment, R4 Capital will take steps to ensure that people with disabilities are provided reasonable accommodation. Accordingly, if reasonable accommodation is required to fully participate in the job application or interview process, to perform the essential functions of the position, and/or to receive all other benefits and privileges of employment, please include that information with your resume at ResumeBoston@r4cap.com.

Risk Management

Underwriting

Transaction

Full Time

Due Diligence