Revantage

AVP, Casualty Procurement

Job Locations US-IL-Chicago | US-TX-Dallas
ID
2022-4221
Additional Locations
US-TX-Dallas

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.

 

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

We are looking for an ambitious AVP to join our Global Risk and Insurance team. The AVP, Casualty Procurement is responsible for identifying, evaluating, and analyzing risks inherent to the operations of the company and ultimately reducing the firm’s cost of risk. The AVP, Casualty Procurement will be expected to identify and evaluate the risk exposures and to administer the risk treatment /insurance programs to efficiently manage exposures to those risks, as well as remain informed of the changes that occur within the company and recommend/execute changes to the program(s) as appropriate. They will track and review all insurance policies held by the company and support renewal process annually.

HOW YOU ADD VALUE

  • Create robust Casualty Insurance programs and allocations across multiple asset classes.
  • Develop strong, effective working relationships with company’s management and internal customers at each property to communicate casualty insurance standards.
  • Establish yourself as the casualty resource and educate the Portfolio Companies on the various insurance coverages and risk mitigation opportunities.
  • 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.).
  • Regularly review the liability insurance programs for enhancements and work closely with brokers to create cost savings opportunities.
  • 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 casualty liability resource to educate, advise, and counsel company management, property staff and business partners where necessary to reduce or transfer risks.
  • 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.
  • Review liability 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

Requirements: 

  • Bachelor’s degree in Risk Management, Accounting, (Computational/Quantitative) Finance, Economics or related field required
  • Minimum 10 years overall risk experience
  • Preferred knowledge and understanding of various real estate 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
  • Be willing to travel 15% domestically

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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