Boston, Massachusetts
Posted: 28-Aug-24
Location: Charleston, South Carolina
Type: Full Time
Salary: Open
Categories:
Internal Number: R0127057
ABOUT GREYSTAR
Greystar is a leading, fully integrated global real estate company offering expertise in property management, investment management, development, and construction services in institutional-quality rental housing, logistics, and life sciences sectors. Headquartered in Charleston, South Carolina, Greystar manages and operates more than $290 billion of real estate in 247 markets globally with offices throughout North America, Europe, South America, and the Asia-Pacific region. Greystar is the largest operator of apartments in the United States, manages more than 857,400 units/beds globally, and has a robust institutional investment management platform comprised of more than $76 billion of assets under management, including over $34 billion of development assets. Greystar was founded by Bob Faith in 1993 to become a provider of world-class service in the rental residential real estate business. To learn more, visit .
JOB DESCRIPTION SUMMARY
The US Placement Director, Risk is responsible for managing the placement of insurance policies and risk management solutions for the organization. This role involves evaluating and selecting appropriate insurance carriers, negotiating terms, and ensuring optimal coverage for the organization's assets and liabilities. The Placement Manager, Risk will work closely with internal stakeholders and external brokers to develop and implement effective risk management strategies.JOB DESCRIPTION
- Proactive management of processes required to administer global insurance placements including Property, Casualty, Professional Indemnity, Cyber, D&O/EPL, Crime, Fiduciary, and other specialty insurance.
- In-depth knowledge of insurance policies, pricing, and premiums
- Develops and implements controls, checks and balances, and reporting policies and procedures.
- Lead collection and organization of annual exposure data from key stakeholders, facilitating effective risk analysis and strategic decision-making and acting as primary liaison between risk team and internal stakeholders.
- Conduct thorough reviews of contracts to ensure insurance requirements are properly addressed and comply with established policies and standards.
- Advise the business regarding their insurance requirements and potential coverage options, ensuring tailored solutions that align with global standards.
- Ensuring effective management of Risk Management Information System (Origami);
- Champion the adoption and implementation of innovative tools and technologies
- Vendor management oversight including service level agreements and key performance indicators (KPIs).
- Manages placement team, develops career paths, and provides guidance.
- Strong communication skills, with the ability to articulate complex insurance and risk management concepts clearly to diverse audiences.
- Actively engage in supporting education and training programs designed to elevate understanding and implementation of insurance best practices throughout the organization to foster a culture of proactive risk management and informed insurance decision-making.
- Keep abreast of industry trends, regulatory changes, and technological advancements in the insurance industry. Evaluate and recommend innovative solutions to enhance the global insurance team's best practices.
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Additional Compensation:
- Corporate Positions: In addition to the base salary, this role may be eligible to participate in an annual bonus program based on individual and company performance.
- Onsite Property Positions: In addition to the base salary, this role may be eligible to participate in weekly, monthly, and/or quarterly bonus programs.
Robust Benefits Offered*:
- Competitive Medical, Dental, Vision, and Disability & Life insurance benefits. Low (free basic) employee Medical costs for employee-only coverage; costs discounted after 3 and 5 years of service.
- Generous Paid Time off. All new hires start with 15 days of vacation, 4 personal days, 10 sick days, and 10 paid holidays. Plus your birthday off after 1 year of service! Additional vacation accrued with tenure.
- For onsite team members, onsite housing discount at Greystar-managed communities.
- 6-Week Paid Sabbatical after 10 years of service (and every 5 years thereafter).
- 401(k) with Company Match up to 6% of pay after 6 months of service.
- Paid Parental Leave and lifetime Fertility Benefit reimbursement up to $10,000 (includes adoption or surrogacy).
- Employee Assistance Program.
- Critical Illness, Accident, Hospital Indemnity, Pet Insurance and Legal Plans.
- Charitable giving program and benefits.
*Benefits offered for full-time employees. For Union and Prevailing Wage roles, compensation and benefits may vary from the listed information above due to Collective Bargaining Agreements and/or local governing authority.
Greystar will consider for employment qualified applicants with arrest and conviction records.