Director of Risk Management Job at The Inland Real Estate Group of Companies, Oak Brook, IL

  • The Inland Real Estate Group of Companies
  • Oak Brook, IL

Job Description

The Inland Real Estate Group of Companies, a diversified real estate, investment, and financial services organization, is seeking an experienced Director of Risk Management to lead and advance our enterprise-wide risk management strategy. This is a highly visible, senior-level role with broad exposure to executive leadership and multiple business lines across the organization.Reporting directly to the Chief Risk Officer, EVP, the Director of Risk Management will oversee complex insurance programs, captive operations, claims management, and key financial and strategic risk initiatives. Inland Risk Management operates as a shared service model, offering the opportunity to collaborate closely with leaders across the firm and influence risk strategy at an enterprise level.Key ResponsibilitiesLead the placement, structure, and ongoing management of complex property & casualty insurance programs, including D&O/E&O, Cyber, EPL, Fiduciary, Crime, and Workers’ Compensation.Oversee claims management, ensuring effective resolution and cost control.Manage and grow a single-parent captive insurance program domiciled in Vermont, coordinating with brokers, captive managers, and internal stakeholders to maximize utilization and revenue opportunities.Conduct comprehensive risk assessments and enterprise risk analysis, identifying exposures and developing mitigation strategies.Support and participate in Enterprise Risk Management (ERM) and Environmental, Social & Governance (ESG) initiatives.Develop and execute strategies for collateral recovery, strengthening financial outcomes and reducing losses.Perform risk-related financial forecasting, providing insight and recommendations to support strategic decision-making.Participate in group P&L reviews, analyzing trends, variances, and opportunities for improvement.Serve as a key advisor to leadership on insurance market conditions, coverage optimization, and cost containment.Develop, implement, and maintain risk management policies and procedures in alignment with regulatory and industry best practices.Act as a key member of the Cyber Security Incident Response Team and ESG committee.Lead, mentor, and develop the risk management team, fostering professional growth and continuous improvement.Perform supervisory duties including hiring, performance management, coaching, promotion, and disciplinary actions.Maintain the highest standards of professionalism, integrity, and compliance with all laws, policies, and regulations.Perform other duties as assigned.Supervisory ResponsibilityDirectly supervises two team members:Administrative AssistantClaims SpecialistQualificationsEducationBachelor’s degree with a concentration in Risk Management, Finance, or equivalent professional experience requiredExperience10+ years of progressive experience in Risk Management, Claims, Loss Control, Insurance, and Financial ManagementDemonstrated experience with captive insurance administration (required)Licenses & CertificationsProperty & Casualty License – required (or able to obtain within 1 year)ARM (Associate in Risk Management) strongly preferredSkills & Technical ExpertiseExpert-level Microsoft Excel skillsProficiency in Microsoft Word and OutlookExperience with RMIS and TPA systemsStrong analytical, financial, and problem-solving skillsExcellent written and verbal communication abilitiesProven leadership skills with the ability to influence across diverse business groupsWhy Join InlandHigh-impact, enterprise-level leadership roleExposure to executive leadership and multiple business platformsOpportunity to shape and grow a sophisticated risk function and captive programStable, well-established organization with a long-term viewPayTypeSalaryHiringMinRate145567HiringMaxRate189237

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