Revantage

Sr. AVP, Property Claims Lead

Job Locations US-IL-Chicago | US-TX-Dallas
ID
2022-4209
Additional Locations
US-TX-Dallas

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.

 

This role can be based in either Chicago, IL or Dallas, TX.

 

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  

The Sr. AVP, Property role is part of Revantage’s North America Risk Management Claims Team with a specific focus on large property claim preparation and analysis within Gryphon Mutual, Blackstone Real Estate’s captive insurance company. The role is focused on large property claims, including the preparation of claims information from multiple stakeholders including Revantage, Blackstone, Gryphon, and Blackstone’s portfolio companies. The role has exposure to both the insurance and real estate sectors. Sr. AVP, Property coaches and develops a team responsible for the management, investigation, and resolution of claims, ensuring a high-quality work product, while continuously developing talent by assisting with the selection of top talent. The Sr. AVP, Property sets the tone for the team to deliver a differentiated customer experience. 

How You Add Value

  • Develop and drive the strategy for Property Claims by communicating clear goals and objectives, and ensuring alignment with broader Revantage and Blackstone financial goals
  • Lead and develop a high performing Property Claims team of representatives/specialists ensuring the quality, accuracy, and timely resolution of claims that may include high exposure/complex cases
  • Lead effectively with internal and external stakeholders including existing policyholders, the business community and governmental agencies, to ensure compliance with regulatory and company standards
  • Manage financial results, including reserve adequacy and litigation management for Property Claims team
  • Ensure the highest levels of claims handling and customer service
  • Collaborate with impacted underwriting segments and actuarial teams regarding claim activities and trends as well as product development, supporting and partnering in overall business strategies and goals
  • Ensure that significant exposures are timely recognized, elevated and overseen by the appropriate staff with commensurate skills
  • Establish timely evaluation and analysis of coverage, liability and damages for claims handled by teams
  • Drive high quality claim results and service
  • Promote a culture committed to identifying process efficiencies to continuously improve how work is completed
  • Large Property claim monthly reporting
  • Captive claims reporting and dashboards
  • Executive Adjuster management

What You Bring To The Role

Required:

  • Bachelor’s degree in Risk Management, Accounting, (Computational/Quantitative) Finance, Economics or related field required
  • Minimum 7 years insurance, risk and/or third-party property claims experience
  • Minimum 3 years’ experience overseeing property claims
  • Demonstrable and current in-depth knowledge and understanding of the real estate industry
  • First-class interpersonal skills, including relationship building and maintenance
  • A high and extensive level of technical knowledge and skills, including product and industry
  • Excellent communication (verbal & written), numerical, presentation & organizational skills
  • Strong leadership/teamwork skills
  • Effective reasoning and decision-making skills
  • Ability to prioritize work, meet deadlines, and follow up in a timely manner
  • Ability to work effectively as part of a team in a fast-paced environment
  • Ability to travel 10-25% domestically
  • Proficient working knowledge of Microsoft Office Suite, particularly Excel

Preferred:

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

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
    • 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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