Revantage Corporate Services

Senior Manager, Risk Management

Job Locations US-Chicago

Who We Are

Revantage is a Corporate Services affiliate of The Blackstone Group, the world’s largest alternative investment firm.  Revantage provides a highly skilled employee base, best-in-class processes, and state-of-the-art technology to multiple Blackstone real estate portfolio companies.  Sectors include Hospitality, Industrial, Multi-Family, Office, Retail, Senior Housing, and Manufactured Homes.

 

Revantage, headquartered in Chicago, is one of three global offices that includes Revantage Asia and Revantage Europe.

 

What We Value: Our Culture

Creating a culture that inspires change and momentum require the right team.  We know what it takes to lead an industry, and are looking for leaders who seek constant growth, want to excel, and continuously improve upon themselves and the industry.  The culture at Revantage is built on our shared core values and commitment to be:

 

  • Achievers – We expect high standards for ourselves and enable the success of our teams.
  • Enthusiasts - We face challenges with optimism and believe anything is possible.
  • Leaders - We commit to continuously improve our performance.
  • Learners – We learn from our challenges and successes.
  • Partners - We deliver value and positive impact to our partners.

 

Why This Role Is Valuable 

This role ensures the strategic execution of the company’s captive insurance company including plan design, policy administration, coordination with stakeholders, corporate governance and analysis & reporting.  The role collaborates with internal departments in all countries where we operate, including Finance, IT, HR, Legal, Safety & Security and others.

How You Add Value

  • Develop strong, effective working relationships with company’s management and internal customers at each property to communicate company’s risk objectives and vision and to coordinate risk related processes.
  • Produce monthly/quarterly/annual reports for budgets, premium allocation, key metrics, renewals, trend analysis and any other reports required for presentation to senior management and internal business partners.
  • Implement, administer, and monitor risk management techniques / strategies to efficiently and cost-effectively manage those risks (i.e.: risk transfer, risk mitigation / loss control, risk avoidance, risk elimination, risk retention, etc.).
  • Verifies development activity by collecting and organizing contracts, policies and insurance certificates and comparing to appropriate contracts, leases or agreements. 
  • Effectively interact with company’s risk team, brokers, RMIS vendors and insurers in communicating company’s risk related goals and objectives.
  • Act as an in-house resource to educate, advise, and counsel company management, property staff and business partners where necessary to reduce or transfer risks.
  • Manage (from a risk management perspective) acquisitions made by company including a due diligence risk / insurance budget and implementation of appropriate risk management treatments to handle the exposures.
  • Coordinate the risk control activities of company’s insurance carriers and brokers to effectively reduce company’s exposure to loss.
  • Coordinate issuance and distribution of Certificates of Insurance to company business partners with the broker. Evaluate and monitor incoming certificates to determine if they meet the appropriate contractual requirements and take needed action if not.
  • Assists in the collection, analysis and data input of exposure and policy data for all lines of insurance carried by the Company. 
  • Review insurance binders, invoices, and policies for accuracy and manage the retention of policies, schedules of insurance and other risk management documentation based on company’s retention policy.
  • Participate in forums, risk management educational programs and other educational opportunities to stay abreast of emerging issues affecting risks.
  • Perform other duties as assigned.

What You Bring To The Role


Required:

  • Bachelor’s degree in Risk Management, Accounting, (Computational/Quantitative) Finance, Economics or related field required
  • Minimum 10 years overall risk experience; including 3 years as a people manager
  • Demonstrable and current in-depth knowledge and understanding of the real estate and hotel industries and sectors, including the main products and services produced and processes used
  • First-class interpersonal skills, including relationship building and maintenance
  • Proficient working knowledge of Microsoft Office Suite, particularly Excel
  • Excellent communication (verbal & written), numerical, presentation & organizational skills
  • Self-motivated with the ability to work effectively as part of a team in a fast-paced, dynamic environment where superior time-management and prioritization skills are essential

 

Preferred:

  • Relevant professional designation (e.g. CPCU, ARM) 

 

Perks for You

  • Competitive salary, overall compensation and 401(k)
  • Work-life balance offerings include:
    • Remote work policy
    • Productivity Hours – weekly meeting-free work time
    • Bi-weekly Summer Fridays
  • In-house and external learning & development opportunities
  • Generous health insurance and wellness benefits

 

EEO Statement

Our company is proud to be an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. Our employment decisions are based on individual qualifications, job requirements and business needs without regard to race, color, marital status, sex, sexual orientation, gender identity and/or expression, age, religion, disability, citizenship status, national origin, pregnancy, veteran status and or any other legally protected characteristics. We are committed to providing reasonable accommodations, if you need an accommodation to complete the application process, please email talent@revantage.com.

 

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