Benderson Development Company, LLC is a privately owned real estate company which owns and manages an expansive portfolio of commercial real estate assets including retail shopping malls, as well as affiliated hospitality and automotive service operations.
General Summary
We are seeking an experienced Risk Manager to join our team and provide strategic oversight in the identification, measurement and management of risks facing the organization. This role will assist Benderson’s owners and senior leadership team in optimizing the organization’s total cost through a combination of risk mitigation strategies, traditional risk transfer products, potential alternative risk transfer solutions and/or self-insurance, dependent upon market conditions and Benderson’s unique ability and appetite to retain risk.
The ideal candidate will have strong interpersonal skills, a deep understanding of insurance programs for large operations, and the ability to navigate the evolving needs of multiple business verticals. While industry-specific knowledge is beneficial, a strong willingness to learn the nuances of real estate, hospitality, and automobile services is essential.
You will be instrumental in helping to shape the company’s risk strategy while working with top-tier brokers, underwriters, and legal teams.
Key Responsibilities
Risk Identification – Identification and quantification of potential risks facing the organization in a changing risk landscape.
Education / Learning – Continuous monitoring of market conditions across all lines of insurance and educating Benderson’s senior leadership on available risk transfer and/or alternative risk financing strategies.
Program Oversight – Manage and enhance property and casualty insurance programs and/or risk financing alternatives to align with business objectives and optimize our Total Cost of Risk (TCOR).
Risk Transfer & Compliance – Ensure appropriate insurance coverage, contract provisions, and indemnifications are in place for tenants and vendors.
Claims Coordination – Serve as the primary contact for property insurance claims, working with adjusters and internal teams to manage and resolve losses effectively.
Broker & Carrier Relationships – Maintain strong partnerships with insurance brokers, agents, TPA’s and carriers to secure competitive coverage and pricing.
Contract Review & Advisory – Collaborate with legal teams to assess insurance requirements for leases, service agreements, and other business contracts.
Financial & Policy Audits – Oversee insurance-related payments, audits, and policy evaluations to ensure accuracy and compliance.
Team Leadership – Manage and mentor a Risk Management Assistant and Insurance Clerk, ensuring effective operations and documentation tracking.
Data & Reporting – Maintain insurance data, including property schedules, loss history, and liability exposures, supporting decision-making and marketing efforts.
Qualifications
Bachelor’s degree required.
Minimum 5 years of experience in insurance, including the design and marketing of insurance programs, as well as claims oversight.
Prior experience handling large national or multinational insurance accounts desired.
Strong knowledge of shared & layered property insurance, high-deductible workers' compensation plans, and large retention liability insurance.
Experience negotiating with brokers, agents, and underwriters on large-scale insurance programs.
Familiarity with contractual risk transfer, including reviewing indemnification clauses and vendor insurance requirements.
Current Property & Casualty (P&C) License, The Chartered Property Casualty Underwriter (CPCU) designation or Associate in Risk Management designation (ARM) is preferred.
Minimal travel required (approximately 3-4 weeks per year).
Benderson Development is a real estate company that has engineered impressive growth through innovation, insight and determination. Since our founding over 70 years ago, we have built a diverse portfolio of over 1,000 properties across 40 states totaling over 55 million square feet. Operating as a fully integrated business, Benderson has become one of the largest privately-held real estate companies in the country. Today, our properties are home to best-in-class retailers, thriving grocers, leading companies, destination restaurants and award-winning hotels that provide an exceptional experience, which is built upon years of ours.
