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Real Estate Debt Insurance Risk Management, Director
Real Estate Debt Insurance Risk Management, DirectorBarings • Charlotte, NC, US
Real Estate Debt Insurance Risk Management, Director

Real Estate Debt Insurance Risk Management, Director

Barings • Charlotte, NC, US
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Real Estate Debt Insurance Risk Management, Director

At Barings, we are as invested in our associates as we are in our clients. We recognize those who work diligently for us and reward them for personal and professional integrity, communication skills, distinct competencies and expertise in specific strategies, ability to collaborate as a team member and true dedication to the interests of our clients.

We thank you for your interest in joining the Barings team, and invite you to explore our current employment opportunities.

Position Title : Real Estate Debt Insurance Risk Management, Director

Business Title : Director

Department : Real Estate Debt

Location : Charlotte, Boston or Chicago

Typical Responsibilities

The Director will report directly to the Managing Director- Head of US and European Real Estate Debt Asset Management. The Director will be responsible for managing all aspects of Debt Insurance Risk by handling the day-to-day responsibilities summarized but not limited to the below :

  • Manage the outsourced vendor relationships for debt underwriting insurance reviews as well as the flood servicing vendor
  • Manage and have oversight of the post-closing insurance servicer's ensuring compliance with loan requirements
  • Manage approvals of reps and warranties for leveraging, and co-investment of loans, including management of all leveraging requirements, and co-investor requirements
  • Oversee the insurance process from origination through the loan life cycle where applicable
  • Provide risk assessment to the Debt Team for potential consideration of any waiver decisions, or insurance requirement changes
  • Provide insurance coverage expertise and information to Engineering, Legal, Regional Offices, and Senior Management, Portfolio Management and Co-Investors when requested
  • Oversee insurance process during Debt foreclosure, and subsequent transition of insurance onto the Equity program upon taking possession of the property. In addition, managing the third-party vendors used for Debt new loan insurance underwriting
  • Oversee insurance requirements for industry trends and applicable changes to contractual agreements

Knowledge Requirements

  • Bachelor's degree in Risk Management, Business or Real Estate required
  • Minimum of 7-10 years of experience in commercial real estate insurance, risk management, construction risk, global insurance (is a plus), and commercial lending
  • Supervisory experience is preferred
  • Strong knowledge of real estate construction insurance
  • ARM, CRIS or CPCU designation preferred
  • Demonstrated knowledge of all commercial real estate insurance coverage required
  • Proficiency with Microsoft Word, Excel and Outlook

    • Competencies

  • Strong interpersonal skills; must be able to interface with all levels of internal personnel and with external clients and service providers
  • Supervisory experience is preferred
  • Excellent oral and written communication skills
  • Excellent analytical skills must be detail-oriented
  • Strong organizational skills and ability to prioritize and handle multiple tasks
  • Ability to work independently and as a team member
  • Superior customer service and responsive to the needs of the client and the company
  • Ability to work effectively under pressure
  • Excellent problem-solving skills; must be proactive and think ahead to solve problems
  • Ability to prioritize and multi-task

    • Barings is an Equal Employment Opportunity employer; Minority / Female / Age / Sexual Orientation / Gender Identity / Individual with Disability / Protected Veteran. We welcome all persons to apply.

    Barings Offers a Comprehensive Benefits Package Including :

  • Medical (including Virtual Care), Prescription, Dental, and Vision Coverage
  • Fitness Center Reimbursement Program (Including Online Memberships)
  • Employee Assistance Program (EAP)
  • Fertility Benefits
  • Highly competitive 401(k) Plan with Company Match
  • Health Savings Account (HSA) with Company Contributions
  • Flexible Spending Accounts (FSA) - Health Care & Dependent Care
  • Retirement Health Reimbursement Account
  • Basic and Supplemental Life Insurance
  • Spouse and Child Life Insurance
  • Paid Vacation, Sick Days and Annual Holidays
  • Paid Leave of Absences (Maternity Leave, Parental Leave, Caregiver Leave, Bereavement Time)
  • Short and Long Term Disability Plans
  • Paid Volunteer Time
  • Education Assistance Program
  • Charitable Matching Gifts Program
  • Commuter Reimbursement Program
  • Adoption and Surrogacy Reimbursement Program
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    Insurance Management • Charlotte, NC, US