AVP, Transactions

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 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:

• Leaders - We commit to continuously improve our performance
• Learners - We learn from our challenges and successes
• Enthusiasts - We face challenges with optimism and believe anything is possible
• Achievers - We expect high standards for ourselves and enable the success of our teams
• Partners - We deliver value and positive impact to our partners

Please review the job applicant privacy notice here .
Why This Role Is Valuable
This role ensures the strategic execution of the company's captive insurance company including plan design, policy administration, coordination with stakeholders, corporate governance and analysis & reporting. The role collaborates with internal departments in all countries where we operate, including Finance, IT, HR, Legal, Safety & Security and others.
How You Add Value

• Develop strong, effective working relationships with company's management and internal customers at each property to communicate company's risk objectives and vision and to coordinate risk related processes

• Establish yourself as a 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.)
• Verifiy development activity by collecting and organizing contracts, policies and insurance certificates and comparing to appropriate contracts, leases or agreements
• 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 resource to educate, advise, and counsel company management, property staff and business partners where necessary to reduce or transfer risks
• Manage (from a risk management perspective) acquisitions made by company including a due diligence risk / insurance budget and implementation of appropriate risk management treatments to handle the exposures
• Coordinate the risk control activities of company's insurance carriers and brokers to effectively reduce company's exposure to loss
• Regularly review insurance programs for enhancements and work closely with brokers to create cost savings opportunities
• Verifies development activity by collecting and organizing contracts, policies and insurance certificates and comparing to appropriate contracts, leases or agreements
• Assist in the collection, analysis and data input of exposure and policy data for all lines of insurance carried by the Company
• Review 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
Required:

• Bachelor's degree in Risk Management, Accounting, (Computational/Quantitative) Finance, Economics or related field
• Minimum 10 years overall risk experience; including 3 years as a people manager
• Demonstrable and current in-depth knowledge and understanding of the real estate and hotel industries and 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

Preferred:

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

Perks for You

• Competitive salary, overall compensation, and 401(k)
• Work-life balance offerings include:
  • Hybrid Work Policy
  • Productivity Hours - weekly meeting-free work time
  • Summer Fridays
  • Work From Anywhere Month
• In-house and external learning & development opportunities
• Generous health insurance and wellness benefits

EEO Statement
Revantage is an equal opportunity employer. In accordance with applicable law, we prohibit discrimination against any applicant, employee, or other covered person based on any legally recognized basis, including, but not limited to: veteran status, uniformed servicemember status, race, color, caste, immigration status, religion, religious creed (including religious dress and grooming practices), sex, gender, gender expression, gender identity, marital status, sexual orientation, pregnancy (including childbirth, lactation or related medical conditions), age, national origin or ancestry, citizenship, physical or mental disability, genetic information (including testing and characteristics), protected leave status, domestic violence victim status, or any other consideration protected by federal, state or local law. We are committed to providing reasonable accommodations, if you need an accommodation to complete the application process, please email [email protected]