Risk Lease Analyst Job Description
Serves as an advisor and analyst to various Inland acquisition teams by:
Analyzing tenant leases regarding insurance requirements, maintenance responsibilities, casualty responsibilities and any other sections where insurance can come into play. After the lease is reviewed an analysis is done to determine which parties are responsible for placing insurance coverage. Depending on what decisions are made during the analysis period, it may be required that additional insurance coverages are placed if leases are deficient. Determine if property is located in a CAT and/or flood zone. If property is in a flood zone elevation certificates will be requested
Prepare and provide written estimates of Inland’s insurance for commercial, retail, medical office buildings, apartments & self-storage facilities. This list will change from time to time
Attend lease review meetings, deal review meetings and any additional meetings for due diligence purposes
Review and run an analysis on all documents required for the acquisition. This typically includes Phase 1 Environmental Reports, Phase II Environmental Reports, NFA Letters, Appraisals, Surveys, REA/OEA, Easement Agreements, Condominium Declarations, By-Laws, Certificates of Insurance and more. It’s very possible that additional insurance coverage may be required once these documents are analyzed
For new construction/developments the Due Diligence Analyst will also review and analyze the required documents, AIA Contracts, Budgets, etc. to ensure coverage is quoted and placed correctly.
Click on link below for full job description. To apply contact:
The Inland Group
HR AVP-Recruiting Manager
RIMS Chicago Chapter318 Half Day RoadBuffalo Grove, Illinois 60089847.543.4842
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