Senior Director, Risk Management

Location

Costa Mesa - 3200 Park Center Drive, Suite 1000

Business

At Brookfield Residential, a leading North American land developer and homebuilder for over 65 years, we have had one goal in mind – creating the best places to call home. From the development of award-winning, master-planned communities to the creation of well-designed homes, we are committed to cultivating exceptional life experiences for our customers, partners, employees, and members of the community.

As part of Brookfield — one of the largest alternative asset managers in the world — we harness our resources to bring a fresh approach, unparalleled creativity, relentless innovation, and sound Sustainability practices to the planning, development, and management of buildings everywhere. From offices, retail spaces, and logistics facilities to multifamily residences, hospitality establishments, and mixed-use structures — we are reimagining real estate from the ground up.

If you're ready to be a part of our team, we encourage you to apply.

Job Description

Overview:

The Director of Risk Management will lead the Company’s U.S. risk and insurance programs, providing strategic oversight and operational management across all aspects of risk transfer, claims administration, and insurance compliance. This role is responsible for assessing the Company’s insurance needs, negotiating and advising on coverage across a variety of agreements, including construction and development contracts, and presenting program recommendations to senior leadership.

The Director will manage the placement and administration of insurance policies, oversee the certificate of insurance process, track claims and covered expenses, and collaborate closely with legal, finance, development, and Customer Care teams to ensure alignment with operational and financial objectives. The position interacts with stakeholders on insurance related litigation matters. In addition, the Director will lead the enhancement and implementation, and optimization of an Enterprise-wide risk management information system (REMIS).

This position also includes oversight of day-to-day department operations, including building, mentoring, and developing a high-performing team, establishing performance expectations, and driving a culture of accountability and professional growth.

Key Responsibilities:

• Review, negotiate, and advise on insurance requirements across a range of agreements, including construction contracts, development management agreements, and other operational contracts.

• Assess and determine the Company’s insurance coverage needs and risk transfer strategies across operations.

• Develop and present insurance program recommendations to senior leadership, including coverage structure, limits, and cost considerations.

• Procure, place, and manage the Company’s insurance programs, including policy renewals and ongoing coverage administration. Review and validate issued insurance policies to ensure alignment with negotiated terms and Company requirements.

• Maintain and oversee the Company’s insurance policy repository and related documentation.

• Lead the administration and oversight of the certificate of insurance process, including issuance, compliance monitoring, and collection from vendors, contractors, and partners.

• Track and manage insurance-covered expenses and coordinate reimbursement or recovery from insurers as appropriate.

• Monitor and analyze loss runs and claims activity to identify trends and inform risk mitigation strategies.

• Partner closely with the Legal Department on insurance-related litigation matters, including claims management, coverage interpretation, and contractual risk transfer and discovery.

• Oversee the tendering and management of insurance claims to carriers.

• Maintain strong relationships with external insurance partners, including carriers, brokers, and industry peers.

• Monitor insurance market conditions and trends to proactively position the Company’s risk management program.

• Collaborate with development teams across the US to support project-level risk management and insurance compliance.

• Work closely with Finance and Accounting teams on insurance budgeting, allocations, and claims-related financial tracking.

• Consults with Customer Care leads on warranty related issues

• Oversee the day-to-day operations of the Risk Management department, ensuring efficient workflow, compliance, and alignment with organizational goals.

• Support the enhancement and implementation of a U.S.-wide REMIS (Risk and Claims Management Information System), and lead ongoing management and optimization post-installation

• Partner with regional leadership to align risk management with broader operational objectives.

• Build, lead, and mentor a high-performing team, fostering accountability, professional development, and strong execution.

• Establish clear performance expectations and support the development of the team within the risk management function

What You'll Bring:

• 10+ years risk management experience

• Bachelor’s degree

• Certified Risk Manager certification

• Vertical construction experience preferred

• Previous experience working with senior leadership or executive management level positions

• Ability to solve difficult, complex problems and drive executive leadership decision making

• Willingness to work through short and unexpected deadlines

• Possess a strong business acumen; accomplishing objectives while considering all aspects of the broader business goals

• Ability to collaborate with a wide range of stakeholders, from senior leadership to front line team members

• Excellent ability to handle sensitive information

• Strong leadership and organizational skills in thought and process

• Proficiency with Microsoft office and AI-related tools

What We Offer:

• Competitive compensation and total rewards package

• Annual Base Salary: $ 155,000 to $190,000

• Bonus Eligibility

• Excellent extended medical, dental, and vision benefits beginning day 1

• 401(k) matching, vesting begins day 1

• Career development programs

• Paid Volunteer Hours

• Paid parental leave

• Family planning assistance, including IVF, surrogacy and adoption options

• Wellness and mental health resources

• Pet insurance offering

• A culture based on our values of Passion, Integrity, Community!

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Brookfield Residential participates in the E-Verify process to confirm the eligibility of candidates to work in the United States.

We are proud to create a diverse environment and are proud to be an equal opportunity employer. We are grateful for your interest in this position, however, only candidates selected for pre-screening will be contacted.