What are the responsibilities and job description for the Director of Real Estate Leasing position at Berkley?
Company Details
"Our Company provides a state of predictability which allows brokers and agents to act with confidence."Founded in 1967, W. R. Berkley Corporation has grown from a small investment management firm into one of the largest commercial lines property and casualty insurers in the United States.Along the way, we’ve been listed on the New York Stock Exchange, become a Fortune 500 Company, joined the S&P 500, and seen our gross written premiums exceed $10 billion.Today the Berkley brand comprises more than 50 businesses worldwide and is divided into two segments: Insurance and Reinsurance and Monoline Excess. Led by our Executive Chairman, founder and largest shareholder, William. R. Berkley and our President and Chief Executive Officer, W. Robert Berkley, Jr., W.R. Berkley Corporation is well-positioned to respond to opportunities for future growth.
The Company is an equal employment opportunity employer.
Responsibilities
The Director of Real Estate Leasing is responsible for negotiation of Real Estate Leases and execution of Office Space related projects. This is a highly visible role which will interact with the senior most leaders within the company and has Worldwide Real Estate responsibilities. This role reports to the Vice President of Procurement.
• Successfully deliver all construction, renovation and space consolidation projects. Develop and communicate options across all projects.• Manage the Real Estate Lease lifecycle including developing options, conducting negotiations and driving a robust decision-making process.
• Maintain budget discipline ensuring all aspects of cost are evaluated and managed.• Effectively manage all Third Parties ensuring deadlines are met in a manner which is reflected in the cost and quality of the end product.• Engage leadership and stakeholders in a timely and proactive manner to make informed decisions.• Develop and manage a dashboard which gives us the ability to compare across projects. • Leverage insights from dashboard and coordinate with all parties including PM, Brokers, vendors and OUs to drive continuous improvement.
Qualifications
Experience:• Experience delivering large scale building renovation projects which require change management, communication with senior leadership and working with multiple third parties such as Architects, Engineers and Project Managers.• Experience running a robust Procurement process for Real Estate partner selection including bid levelling, negotiations, business case development and contracting.• Negotiating and executing Leases/contracts working with multiple stakeholders including Brokers, Lawyers and Landlords.• Demonstrated proficiency in building and delivering business cases, presentations and managerial reports to senior management.• Experience with market research and data analysis.• Experience with Lease Administration system and tools.
Abilities:• A highly motivated team player with a mindset for continuous improvement.• Ability to work in a flexible environment, an independent thinker, relationship/customer focused and able to navigate in an empowered and entrepreneurial culture.• Detail oriented with analytical, quantitative and problem-solving skills.• Successfully deliver desired outcomes leveraging resources, processes and tools.• Proven ability to manage change and work across boundaries with personal commitment and drive.• Excellent verbal and written communication skills.• Ability to prioritize with strong time and project management skills.• Knowledgeable about best practices as it relates to Real Estate projects and holds them self, colleagues and vendor partners accountable to high standards to deliver high quality projects in a timely manner.• Independent, self-starter individual who can manage their own workload in addition to providing guidance and coaching to other team members.
Education Requirement:
• Bachelor’s degree in Business, Engineering or Finance preferred.• 10-15 years of experience in the Corporate Real Estate Services function either as an advisor and/or line role operator.• Advanced degree a plus.• Real Estate experience in the Financial Services/Insurance sector a plus.
Additional Company Details
Salary Range - $131,328 to 218,880 (dependent on prior experience and location).Additional Requirements
Must have received COVID-19 vaccination* defined as receiving either (1) two doses of a two-dose vaccine, or (2) a single-dose vaccine, either authorized for emergency use or approved by the U.S. Food and Drug Administration, and a COVID vaccine booster*unless prohibited by law.
