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Vp, Real Estate: ACE Limited/ACE INA

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Job ID295762
Company NameACE Limited/ACE INA
Job CategoryInsurance
LocationPhiladelphia, PA
Position TypeFull-Time, Employee
Experience2-5 Years Experience
Date PostedJuly 10, 2008 (Reposted Sep 5)
ACE USA, the U.S.-based retail operating division of the ACE Group of Companies, offers more than 170 sophisticated property, casualty, risk-management, and accident and health products and services through retail brokers. With offices in 18 U.S. cities, ACE USA is able to meet the insurance needs of corporate clients of all sizes.

ACE is dedicated to recruiting and developing talented individuals with the knowledge, ability and desire for success. With our strong capital base, financial stability, diversified earnings stream and multinational operating platform, we offer an excellent opportunity for your future growth and development.

Details of this great opportunity follow:

KEY OBJECTIVE

The incumbent is in charge of all home and field office real estate management and workplace services for the company and its businesses, including managing field office lease transactions, workplace services, property management, lease administration, project management (space planning/design/construction/contractors), real estate strategy, and portfolio/asset management. This position reports to the Global Administration Officer.

MAJOR DUTIES & RESPONSIBILITIES

Oversee project management function

Complete projects on time and on budget

Develop and execute short and long range strategies for potential site consolidations

Negotiate and manage complex contracts

Responsible for site selection, lease negotiation and disposition of surplus space

Oversee property management vendor ensuring compliance with expense targets and corporate facilities standards

Aggressively manage space utilization to reduce corporate occupancy costs

Work closely with Global Operations team to align real estate strategies with operations objectives

SCOPE

Manage approximately $60M in annual occupancy costs with close to 100 properties totaling 2.5 million square feet, the majority of which is leased.

MINIMUM REQUIREMENTS

Demonstrated expertise in financial modeling/comparative financial analysis

Skilled negotiator

Ability to quickly understand and interpret real estate documents such as leases and agreements

A facile speaker with experience in interacting and presenting to senior management

Ability to manage broker relationships

Expertise in successful consolidation of functions and sites

10 plus years of office building experience

Expertise in managing vendors, including union and non-union workforces

Solid sense of integrity

Demonstrated ability to think strategically

Excellent writing skills

Demonstrated ability to effectively manage the performance of team members including remote staff

DESIRED QUALIFICATIONS

Degree in architecture desired but not requiredACE Limited is the Bermuda-based holding company of the ACE Group of Companies (ACE), one of the world’s leading providers of commercial property and casualty insurance and reinsurance. The ACE Group provides a diversified range of products and services to clients through operations in more than 50 countries around the world, and has the authority to conduct business in over 140 countries.

ACE offers a competitive salary plus cash bonus, equity opportunities and comprehensive benefits package including life, health and dental, vision, a generous retirement savings plan, disability coverage, stock purchase plan, flexible spending accounts, tuition reimbursement, and business casual dress.

Sound like the right job for you?If you would like additional information about ACE USA, please visit our website at www.aceusa.com

ACE INA is an equal opportunity employer and our employment decisions are made without regard to race, color, religion, age, gender, national origin, disability, handicap, marital status or any other status or condition protected by Federal and/or State laws, except where bona fide occupational qualifications apply.

In order to be considered an applicant for employment with ACE, all applicants must go to the ACE USA website at www.aceusa.com to apply for the position(s) of interest and complete an online application (found under Careers at ACE in the upper right hand corner of the homepage). If you do not complete the online application, you will not be considered an applicant in accordance with ACEs policy.

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