Director, Construction Claims

The Director of Construction Claims will oversee the administration and documentation of all claims resulting from our legacy, current and future development and construction activities. This position will report into the Senior Vice President, Construction Risk Management and will be based in our New York office.

Responsibilities include but not limited to:

• Be primary contact for all internal and external claim related matters, including
• Coordination with internal stakeholders on appropriate and timely reporting of incidents/claims; ensure all claims are reported to the appropriate insurer(s) and notice is provided to internal constituents as necessary; and verify timely TPA/insurer responses
• Coordinate with site personnel regarding claims reporting, and investigation protocols
• Initial response regarding defense and investigation assignments
• Discovery, and litigation inquiries
• Communication with defense counsel, insurer/TPA regarding strategies around reserving, resolution, settlement and authorization
• Manage claim strategy and resolution including coordination with defense counsel, brokers, insurers/TPA in consideration of policy coverage terms, deductibles and aggregates
• Conduct regular claim file reviews to revisit progress and resolution strategy
• Track erosion of policy limits and deductible aggregates
• Review and analyze claim data and prepare executive summaries identifying any opportunities or challenges
• Assist in claim recovery from downstream parties, as needed
• Participate in regular meetings to discuss material developments associated with Related’s loss profile with Related’s executive team, captive manager and actuaries
• Participate in insurance placement discussion with brokers and underwriters
• Identify and recommend risk mitigation efforts
• Work with internal stakeholders to ensure delivery of various audit requirements

Compensation

• $160,000 - $180,000 / year
• Annual performance based bonus

• Minimum of 7 years in the risk management and/or insurance claim industry with experience with resolving claims from General Liability (particularly New York Labor Law 240), Workers’ Compensation, Builder’s Risk, Pollution and Professional Liability
• Familiarity with construction operations
• Familiarity with captive insurance companies
• Professional relationships with various insurance providers, claims administrators and defense counsel (particularly in New York)
• Ability to analyze complex problems involving varying viewpoints and to develop viable solutions
• Ability to multitask, adapt to changing developments, and communicate clearly
• Superior interpersonal skills
• Ease in working with people up and down the organization hierarchy
• A demonstrated ability to interact with senior executives
• Naturally adaptive to different audiences
• Diplomatically assertive
• Excellent written and verbal communication skills
• Strong organizational skills
• Strong sense of integrity and ethics
• Strong intellectual curiosity - always seeking new approaches and challenging the organization to new levels of success
• Technology forward thinker

We are proud to be an equal opportunity employer and are deliberate about the team and culture we are building. We aim to ensure competitive total compensation that is commensurate with experience, workplace geography, and market standards.

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Formed in 1972, Related is the most prominent privately-owned real estate firm in the United States.Headquartered in New York City, the company has offices and major developments across the world.Related owns and manages a premier portfolio of assets valued at over $70 billion, including the 28-acre Hudson Yards neighborhood on Manhattan’s West Side.

Related believes in investing in its talent and cultivates a positive, team-oriented environment where every voice is valued. Employees are encouraged to boldly take on new challenges, transcend the status quo, and demonstrate strong entrepreneurial spirit. In its relentless commitment to excellence, Related works to foster an innovative approach in its team members so that they can positively impact the communities in which they conduct business. Learn more about Related atwww.related.com.