Revantage

Associate, Claims

Job Locations US-Chicago

WHO WE ARE 

Revantage is a Blackstone Company that 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 requires 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 improving 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 position will support the Risk Management department in the management of property and liability claims across North America.  In addition to claims management, the candidate will utilize the Risk Management Information System (RMIS) to create meaningful metrics for various portfolio companies.  As an integral part of the team, the Claims Analyst will work with all facets of the Risk Management department.  This position is based out of Revantage’s headquarters in Chicago, IL. 

HOW YOU ADD VALUE 

  • Assist in claim reporting and management to achieve the most positive claim outcome possible 
  • Assist in the oversight of carrier/TPA management of all claims – monitor, evaluate, and address technical and financial performance issues 
  • Receive and review incident reports in RMIS to ensure the claim was properly reported and determine if escalation to supervisor and/or legal department is necessary 
  • Act as liaison between third-party property managers and insurers to resolve claims, track payments and understand lender requirements.  
  • Ensure claim reporting processes and procedures are followed by the portfolio companies and reinforce claim reporting instructions when necessary, including giving claim reporting training to portfolio companies  
  • Participate in quarterly claim reviews, tailoring the review to each portfolio company’s needs 
  • Provide loss history when requested from various portfolio companies 
  • Assist with historical claim closure efforts and collateral/LOC negotiations with markets 
  • Collaborate with Treasury to confirm lender compliance with any claim proceeds 
  • Collaborate with Treasury and our brokers from time to time to provide lenders with updated renewal certificates of insurance 

WHAT YOU BRING TO THIS ROLE 

Required: 

  • Bachelor’s degree from an accredited college   
  • Minimum of 3 years of property and liability in claims 
  • Strong quantitative skills in insurance and finance  
  • First-class interpersonal skills, including relationship building & maintenance 
  • Excellent communication (verbal & written), numerical, presentation & organizational skills   
  • Demonstrate strong teamwork skills 
  • Effective reasoning and decision-making skills 
  • Strong negotiation and investigation skills 
  • Ability to meet deadlines and follow up in a timely manner 
  • 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 
  • Proficient working knowledge of Microsoft Office systems, particularly Excel 

Preferred:  

  • Multifamily experience  

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 employerWe 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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