Director of Contract & Insurance Administration
About the Role
Schochet is seeking an experienced Director of Contract & Insurance Administration to lead the company's contract procurement and insurance program management. This involves oversight of service agreement and insurance claims management, and risk-management initiatives across a portfolio of approximately 40 residential properties.
The Director will work closely with senior management, property operations, legal counsel, ownership partners, vendors, contractors, and insurance professionals.
The successful candidate will bring strong knowledge of contract administration, commercial insurance, and claims management, along with the ability to develop practical processes that protect the company while supporting efficient property operations.
Key Responsibilities
Contract Administration & Procurement
- Oversee the full contract lifecycle, including procurement, review, approvals, execution, renewals, amendments, and expirations.
- Ensure contracts comply with company policies, applicable legal requirements, insurance standards, and ownership partner requirements.
- Coordinate contract reviews with corporate legal counsel and obtain required internal and ownership approvals.
- Develop and maintain standardized contract templates, service agreements, procurement procedures, and a centralized contract database.
- Track contract terms, renewal dates, expiration deadlines, and compliance obligations.
- Identify opportunities to consolidate vendor agreements, negotiate efficiencies, and reduce costs across the portfolio.
Contract Risk & Vendor Compliance
- Establish and monitor insurance and risk-transfer requirements for vendors, contractors, consultants, and service providers.
- Review indemnification, insurance, and other contractual risk provisions in coordination with legal counsel and insurance brokers.
- Track certificates of insurance, endorsements, coverage limits, and expiration dates.
- Address contract deficiencies and vendor noncompliance in coordination with Operations and management.
Insurance & Claims Management
- Coordinate annual insurance renewals with the company's insurance broker and Chief Financial Officer.
- Maintain insurance policies, schedules, renewal calendars, and related records.
- Oversee significant property damage and liability claims, coordinating with brokers, carriers, adjusters, attorneys, contractors, and ownership partners.
- Monitor claims, insurance recoveries, incident reporting, and loss-prevention initiatives.
- Prepare management reports on contract compliance, renewals, vendor risk, claims, insurance costs, and opportunities for improvement.
Qualifications
- 5–8 years of relevant experience in contract administration, procurement, commercial insurance, risk management, or a related field. Bachelor's degree preferred.
- Experience managing commercial contracts, including review, approvals, renewals, compliance tracking, and document management. As well as vendor agreements, insurance requirements, certificates of insurance, and preferred contractual risk-transfer provisions.
- Multifamily housing, commercial real estate, construction, or property management experience strongly preferred.
- Familiarity with commercial property, general liability, umbrella/excess liability, workers' compensation, and related insurance coverages preferred.
- Strong organizational, analytical, communication, and problem-solving skills, with exceptional attention to detail.
Why Schochet?
For more than 50 years, Schochet has built a culture centered on professional growth, collaboration, and long-term employee relationships. You'll join a team of experienced professionals who are passionate about developing and preserving quality housing and strengthening the communities we serve.
We offer a comprehensive benefits package from day one, including:
Health • Dental • 401(k) • 3 weeks of vacation accrued • 12 paid holidays • 5 sick days • 3 personal days • Additional employee perks
Ready to Join our Team?
Please submit your resume to [email protected]. For more information, contact Robin at 617-398-5144 or visit Schochet.
Pre-employment background screening and drug testing are required. Schochet is an Equal Opportunity Employer.
Skills Required
- 5-8 years of relevant experience in contract administration, procurement, commercial insurance, risk management, or a related field
- Experience managing commercial contracts, including review, approvals, renewals, compliance tracking, and document management
- Experience with vendor agreements, insurance requirements, certificates of insurance, and contractual risk-transfer provisions
- Strong organizational, analytical, communication, and problem-solving skills
- Exceptional attention to detail
- Bachelor's degree
- Experience in multifamily housing, commercial real estate, construction, or property management
- Familiarity with commercial property, general liability, umbrella or excess liability, workers' compensation, and related insurance coverages
What We Do
The Schochet Companies is a full-service real estate development and management company that owns and/or manages apartments and commercial space throughout New England, specializing in mixed-use and affordable housing.
