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Insurance & Risk Management Associate

R0146322 City Office Houston Houston, Texas

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Overview

Greystar is looking for dedicated and hard-working individuals who want to help us continue to be the best at what we do. Today, we are the largest rental housing operator and developer in the US and one of the largest global investment management companies, delivering industry-leading services to investors, clients, and residents. We offer unrivaled professional development and career growth opportunities to our team members and look forward to welcoming you to Greystar, where our people are what make us the Global Leader in Rental Housing.

Job Responsibilities

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 $315 billion of real estate in 250 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 1,000,000 units/beds globally, and has a robust institutional investment management platform comprised of more than $78 billion of assets under management, including over $36 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 www.greystar.com.


JOB DESCRIPTION SUMMARY

The Insurance & Risk Management Associate will be responsible for identifying, analyzing, and managing risks associated with the organization’s insurance requirements. This role requires a general knowledge of commercial insurance policies/programs, risk assessment techniques, and commercial real estate operations. The Insurance & Risk Management Associate will collaborate with other departments to minimize potential losses, improve risk management strategies, and support the organization’s financial stability.

The Insurance & Risk Management Associate will work a hybrid work schedule (working 2-3 days per week in-office) from one of Greystar's corporate offices in the following locations: Houston, TX; Dallas, TX; or Charleston, SC.

JOB DESCRIPTION

KEY RESPONSIBILITIES:

  • Proactive management of processes required to administer insurance placements including Property, Liability, Professional Liability, Pollution, and other specialty insurance policies to ensure programs align with the organization’s overall objectives

  • Assist in the collection and organization of annual exposure data from key stakeholders and act as a liaison between Risk Management team and internal stakeholders

  • Assist in analyzing policy terms, conditions, and exclusions to ensure adequate coverage, based on the organization’s risk profile and exposure

  • Ongoing insurance administration including managing policy documents and invoices; assists in timely payment of premiums and installments to appropriate carriers and prepares audit information if required by the carrier

  • Assist in collaborating with insurance brokers and underwriters for policy renewals, endorsements, and terms

  • Gather and analyze data from various sources to monitor trends in claims, losses, and other risk indicators to determine how they should be handled or if they should be assigned to appropriate team members based on type of incident; dives deeper to find root cause of claims to determine new practices/process need to be implemented

  • Conducts thorough reviews of contracts to ensure insurance requirements are properly addressed and comply with established policies and standards

  • Ensure effective software tool management of Risk Management

  • Assist with the data maintenance of Greystar’s Risk Management Information System (RMIS)

  • Champion the adoption and implementation of innovative tools and technologies

  • Assist in creating reports for use by management and key stakeholders

  • Actively assist 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 Risk Management team’s best practices

  • Support other tasks as required, contributing to the overall efficiency of the Risk Management team

BASIC KNOWLEDGE & QUALIFICATIONS:

  • At least 3-5 years of relevant commercial insurance industry or risk management experience, preferably in the commercial real estate industry

  • Highly organized and methodical, with the ability to manage multiple tasks and deadlines

  • Ability to work to a high degree of accuracy

  • Flexible approach, personable, and able to embrace change

  • High work ethic and drive, with ability to self-manage

  • Demonstrable competence in writing clear and concise reporting and producing packs for senior management

  • Excellent team player

  • Maintains discretion, confidentiality, and professionalism

  • Excellent communication skills across all business levels

  • The ability to foster a positive culture that prioritizes good customer service and shows high levels of engagement with the wider business

  • Effective use of Microsoft Work and Microsoft Excel

  • Origami or similar Risk Management Information System (RMIS) administrator knowledge strongly preferred

TRAVEL / PHYSICAL DEMANDS:

  • Team members work in an office or remote work environment. No special physical demands required.

  • Rare or occasional travel may be required to attend business meetings, training programs, or other situations necessary for the accomplishment of some or all of the daily responsibilities of this position.

#LI-RF1

#LI-Hybrid

Additional Compensation:

Many factors go into determining employee pay within the posted range including business requirements, prior experience, current skills and geographical location.

  • 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 11 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 are available subject to discount and unit availability.

  • 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.

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Success Profile

What makes a successful Greystar team member? Check out the top traits we’re looking for and see if you have the right mix.

  • Professional
  • Risk-Taker
  • Detail-oriented
  • Collaborative
  • Strategic
  • Communicator

Benefits

Healthcare

Health insurance (including company-paid opportunities) is offered, along with competitive dental (US Only) and vision insurance* plan options

*in select countries

Retirement Planning

We know planning for retirement is a top priority for our team members. We offer competitive retirement savings plans including employer-matched 401(k) plans (US Only) and country-specific Pension Schemes to ensure the security of your financial future.

Paid Time Off

Full-time team members receive generous paid time off – including your birthday! – as well as paid sick leave, personal days, and company holidays*

*varies by country

Paid Parental Leave

Maternal and paternal paid leave is available for the birth or adoption of a child

Professional Development

Ongoing support is available for career advancement opportunities in addition to corporate training programs

Employee Assistance
Program

Experienced counselors are available 24/7 for confidential assistance to listen and help you find solutions at no cost to you

Note: Outlined benefits may vary by international region.

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