The Amherst Group's companies are comprised of leading real estate investment and advisory firms with a mission to transform the way real estate is owned, financed and managed. Amherst leverages its proprietary data, analytics, technology, and decades of experience to seek solutions for a fragmented, slow-to-evolve real estate ecosystem and to materially improve the experience for residents, buyers, sellers, communities, and investors. Today Amherst has over 1000 employees and $14.1 billion in assets under management.
Over the past decade, Amherst has scaled its platform to become one of the largest operators of single-family assets and has acquired, renovated, and leased more than 46,000 homes across 32 markets in the U.S. The firm delivers customized, stabilized cash-flowing portfolios of assets to its investors, wrapped in all the ongoing services required to manage, own, and finance the asset including property management, portfolio management, and a full capital markets team. In addition to its single-family rental platform, Amherst’s debt business pursues two distinct credit strategies in mortgage-backed securities and commercial real estate lending. Over its 25-year history, Amherst has developed a deep bench of research and technology talent, and leverages data and analytics at every stage in the asset lifecycle to improve operations and preserve long-term value for our investors and the more than 188,000 residents the firm has served.
Amherst is seeking a highly motivated and independent individual to join its team as Manager, Insurance and Risk. In this highly visible and dynamic position, you will oversee all aspects of Amherst’s insurance program and work closely with key stakeholders across multiple business units to provide strategic and analytical support as well as management of key projects and the claims administration team.
Primary Responsibilities:
- Work closely with key internal and external stakeholders to inform and advise on corporate risk and insurance strategy, analysis, programs, and decisions
- Front-facing management of insurance and broker relationships
- Liaison between broker and insurance carriers for reporting major claims and claims management
- Conduct operational risk analyses and research areas of exposure to assess insurance needs
- Lead and execute insurance coverage placements and renewals
- Develop and monitor annual insurance budgets
- Oversee management of Amherst’s captive insurance program, including retention and supervision of outside advisors
- Manage relationships with and performance of of outside insurance vendors, including Brokers and Third-Party Administrators
- Proactively identify opportunities to improve operational practices and processes
- Develop operational risk management reporting and data analysis
- Develop and manage internal claim reporting procedures and processes
- Maintain all insurance policies, including professional liability, property, casualty
- Work with internal and external counsel, stakeholders and compliance to identify contract risks and compliance with contractual insurance requirements
- Oversee Certificate of Insurance requirements and request certificates from vendors and independent contractors as needed
- Monitor insurance market dynamics and forecast market trends
Qualifications:
- Bachelor’s degree
- Seven+ years related work experience in risk management, property and casualty insurance brokerage, underwriting and coverage or consulting; licensed broker preferred but not necessary
- Certified Risk Manager (CRM) and/or Chartered Property Casualty Underwriter (CPCU) designation preferred
- Strong insurance marketplace relationships
- Display a proven track record of managing complex insurance programs, including captive programs, and identifying and mitigating corporate risks
- Possess attention to detail, in particular with insurance policy terms, claims, and contract reviewStrong critical thinking, written and verbal communication skills and ability to develop and make strategic recommendations
- Leverage proven ability to build collaborative partnerships and lead through influence
- Highly proficient with Microsoft Office
Our full-time employee benefits include:
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A competitive compensation package, annual bonus, 401k match
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Flexible PTO including 7 paid holidays, 1 floating holiday, and 1 volunteer day
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Employer-paid benefits (medical, dental, vision, health savings account)
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Professional career development and reimbursement
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Up to 16 weeks paid maternity leave; up to 4 weeks of paid parental leave
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Backup childcare offered through Bright Horizons
Amherst is proud to be an Equal Opportunity Employer and committed to creating an inclusive environment for all employees. We do not discriminate on the basis of race, color, religion, national origin, gender, pregnancy, sexual orientation, gender identity, age, physical or mental disability, genetic information or veteran status, and encourage all applicants to apply.
What We Do
The Amherst Group ("Amherst") is a diversified data-driven investment management platform at the crossroads of global capital markets and U.S. real estate, offering strategies up and down the real estate capital stack. As of December 31, 2023, Amherst manages $18.5 billion deployed across real estate debt and equity strategies in mortgage-backed securities, commercial real estate, and single-family residential.