Risk Management (Insurance), Real Assets - Vice President

Blue Owl (NYSE: OWL) is a leading asset manager that is redefining alternatives®.

With over $319 billion in assets under management as of June 30, 2026, we invest across three multi-strategy platforms: Credit, Real Assets and GP Strategic Capital. Anchored by a strong permanent capital base, we provide businesses with private capital solutions to drive long-term growth and offer institutional investors, individual investors, and insurance companies differentiated alternative investment opportunities that aim to deliver strong performance, risk-adjusted returns, and capital preservation.

Together with over 1,380 experienced professionals globally, Blue Owl brings the vision and discipline to create the exceptional. To learn more, visit www.blueowl.com

The Role:

The Risk Management team is responsible for acquiring and maintaining lender compliant insurance programs across multiple real asset portfolios within Blue Owl. Our goal is to utilize various insurance policies, best practices, and alternative risk programs to appropriately protect Blue Owl’s investments.

We are seeking a collaborative and results-oriented individual to join Blue Owl’s growing Real Assets Risk Management team. This professional will be responsible for creating and running a transaction process for the Risk Department in order to facilitate current and future transaction volume. They will also assist in the strategic development of operational insurance programs which align with Blue Owl’s investment goals.

Responsibilities:

Manage all insurance related aspects of transaction deal flow from initiation through closing

Conduct comprehensive insurance due diligence on prospective acquisitions

Partner with the transaction teams to provide necessary insurance information and escalate potential insurance related issues in a timely manner

Lead the placement and ongoing management of property insurance programs that satisfy lender requirements

Direct the procurement and administration of liability insurance coverage in compliance with financing covenants

Develop, standardize, and improve processes related to insurance within the transaction lifecycle

Collaborate within the department to shape and execute long-term insurance strategies

Elevate traditional insurance programs to align with Blue Owl’s evolving business needs

Utilize Risk Management Information System (RMIS) manage insurance programs

Qualifications:

7-10 years of related experience in risk management or insurance broker role, preferably in real estate

Licensed in State of Illinois (required upon or after hire)

Bachelor’s degree required

ARM, CPCU or CRIS preferred

Leverage AI as a tool to drive efficiency

It is expected that the base annual salary for this Chicago based position will be $150,000 - $175,000. Actual salaries may vary based on factors, such as skill, experience, and qualification for the role. Employees may be eligible for a discretionary bonus, based on factors such as individual and team performance.

Blue Owl is proud to be an Equal Opportunity Employer. We evaluate qualified applicants without regard to race, color, national origin, religion, sex, sexual orientation, gender identity, disability, protected veteran status, and other statuses protected by law.