Revantage, A Blackstone Portfolio Company
Director, Casualty Insurance Placement
Revantage, A Blackstone Portfolio Company, Chicago, Illinois, United States, 60290
Who We Are
Revantage, a Blackstone Real Estate portfolio company, is a global provider of corporate services. With a corporate purpose of ‘In Pursuit of Better,’ Revantage delivers value‑added services and world‑class talent for Blackstone Real Estate portfolio companies, spanning diverse asset classes, including residential, logistics, office, hospitality and retail sectors. Headquartered in Chicago, the company’s footprint extends across North America, Europe and Asia Pacific. Rooted in a commitment to collaboration and inclusivity, Revantage goes beyond traditional corporate services and acts as a trusted partner. Across offerings that include finance, technology, human resources and operations, Revantage proactively anticipates stakeholder needs, recruits exceptional talent and enables its business partners to thrive.
What We Value: Our Culture Our people are our most important asset, enabling Blackstone portfolio companies and investments to scale and thrive. Together, we foster a workplace where everyone can be themselves, enabling them to do their best work. At Revantage, we have exceptional people who live our values and help us pursue better every day. We offer dynamic and meaningful work, competitive compensation, benefits and flexibility. We listen and take action to ensure our organization evolves to reflect our employees’ voices and support an inclusive culture. Our demonstrated commitment to our people and collaborative culture have earned us numerous awards as a top employer.
Learners – We learn from our challenges and successes
Leaders – We commit to continuous improvement
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
Grow your career with us. As a member of our team, you'll gain hands‑on experience in the real estate industry and benefit from a supportive environment that fosters personal and professional growth.
Why This Role Is Valuable We are looking for an ambitious Sr. AVP with skill in Liability and Casualty to join our Global Risk and Insurance team. The Sr. AVP, Insurance Placement is responsible for identifying, evaluating, and analyzing risks inherent to the operations of the company and its affiliates and ultimately reducing the firm's cost of risk. This individual will be expected to identify and evaluate the risk exposures and to administer the risk management programs efficiently, 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 Liability and Casualty Insurance programs and allocations across multiple asset classes.
Create, refine, and implement processes around budgeting, invoicing, market updates, and renewal communications.
Understand and manage the actuarial modeling results provided by external partners.
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 and liability 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., captives, 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.
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.
Collect and manage exposure information for a large real estate portfolio spanning multiple asset classes through use of Risk Management Information System (RMIS).
Verify development activity by collecting and organizing contracts, policies and insurance certificates and comparing to appropriate contracts, leases or agreements.
Assist Risk Management Transaction team with review of construction policies and contracts for acquisitions actively under construction or immediately post construction.
Utilize the RMIS to develop meaningful reports across the various Portfolio Companies.
Act as an in‑house resource to educate, advise, and counsel company management, staff and business partners where necessary to reduce or transfer risks.
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
Bachelor's degree in Risk Management, Accounting, (Computational/Quantitative) Finance, Economics or related field required.
10+ years overall risk experience.
Advanced degree or industry-specific designations (CIC, ARM, CPCU, etc.) preferred.
Property & Casualty Broker's License preferred.
Insurance expertise with specific focus on General Liability, Umbrella Liability, Excess Liability, Auto Liability, Workers Compensation, and Management Liability.
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.
Base Compensation Range $148,434.00 – $217,618.00 Annually.
Total Direct Compensation This job is also eligible for discretionary bonus and incentive compensation on an annual basis.
Benefits The Company provides a variety of benefits to employees, including health insurance coverage, retirement savings plan, paid holidays and paid time off (PTO). The additional total direct compensation and benefits described above are subject to the terms and conditions of any governing plans, policies, practices, agreements, or other materials or documents as in effect from time to time, including but not limited to terms and conditions regarding eligibility.
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, [...] If you need an accommodation to complete the application process, please email talent@revantage.com.
Seniority Level
Director
Employment Type
Full‑time
Job Function
Sales and Business Development
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What We Value: Our Culture Our people are our most important asset, enabling Blackstone portfolio companies and investments to scale and thrive. Together, we foster a workplace where everyone can be themselves, enabling them to do their best work. At Revantage, we have exceptional people who live our values and help us pursue better every day. We offer dynamic and meaningful work, competitive compensation, benefits and flexibility. We listen and take action to ensure our organization evolves to reflect our employees’ voices and support an inclusive culture. Our demonstrated commitment to our people and collaborative culture have earned us numerous awards as a top employer.
Learners – We learn from our challenges and successes
Leaders – We commit to continuous improvement
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
Grow your career with us. As a member of our team, you'll gain hands‑on experience in the real estate industry and benefit from a supportive environment that fosters personal and professional growth.
Why This Role Is Valuable We are looking for an ambitious Sr. AVP with skill in Liability and Casualty to join our Global Risk and Insurance team. The Sr. AVP, Insurance Placement is responsible for identifying, evaluating, and analyzing risks inherent to the operations of the company and its affiliates and ultimately reducing the firm's cost of risk. This individual will be expected to identify and evaluate the risk exposures and to administer the risk management programs efficiently, 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 Liability and Casualty Insurance programs and allocations across multiple asset classes.
Create, refine, and implement processes around budgeting, invoicing, market updates, and renewal communications.
Understand and manage the actuarial modeling results provided by external partners.
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 and liability 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., captives, 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.
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.
Collect and manage exposure information for a large real estate portfolio spanning multiple asset classes through use of Risk Management Information System (RMIS).
Verify development activity by collecting and organizing contracts, policies and insurance certificates and comparing to appropriate contracts, leases or agreements.
Assist Risk Management Transaction team with review of construction policies and contracts for acquisitions actively under construction or immediately post construction.
Utilize the RMIS to develop meaningful reports across the various Portfolio Companies.
Act as an in‑house resource to educate, advise, and counsel company management, staff and business partners where necessary to reduce or transfer risks.
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
Bachelor's degree in Risk Management, Accounting, (Computational/Quantitative) Finance, Economics or related field required.
10+ years overall risk experience.
Advanced degree or industry-specific designations (CIC, ARM, CPCU, etc.) preferred.
Property & Casualty Broker's License preferred.
Insurance expertise with specific focus on General Liability, Umbrella Liability, Excess Liability, Auto Liability, Workers Compensation, and Management Liability.
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.
Base Compensation Range $148,434.00 – $217,618.00 Annually.
Total Direct Compensation This job is also eligible for discretionary bonus and incentive compensation on an annual basis.
Benefits The Company provides a variety of benefits to employees, including health insurance coverage, retirement savings plan, paid holidays and paid time off (PTO). The additional total direct compensation and benefits described above are subject to the terms and conditions of any governing plans, policies, practices, agreements, or other materials or documents as in effect from time to time, including but not limited to terms and conditions regarding eligibility.
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, [...] If you need an accommodation to complete the application process, please email talent@revantage.com.
Seniority Level
Director
Employment Type
Full‑time
Job Function
Sales and Business Development
#J-18808-Ljbffr