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 over $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 Analyst will be based in London and will assist the Senior Director, International Risk with day-to-day operations. The person will be responsible for identifying, analyzing, and managing risks associated with the organization’s insurance requirements. This role requires a deep understanding of insurance principles, risk assessment techniques, and regulatory requirements. The Insurance Risk Analyst will collaborate with other departments to minimize potential losses, improve risk management strategies, and support the organization’s financial stability.
JOB DESCRIPTION
Key responsibilities:
* Proactive management of processes required to administer global and regional insurance placements including PDBI, Development & Construction, Professional Indemnity, Cyber, D&O/EPL, Crime, Fiduciary and other specialty insurance to ensure programs align with the company’s overall objectives.
* General knowledge of insurance policies, pricing, and premiums.
* 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.
* Assist the business with ad-hoc insurance queries.
* Lead collection and organization of annual exposure data from key stakeholders, acting as the primary liaison between the risk team and internal stakeholders.
* Assist in collaborating with brokers and underwriters for policy renewals, endorsements, and terms.
* Work closely with brokers and loss adjusters to assist in managing claims.
* Gather and analyze data from various sources to monitor trends in claims, losses, and other risk indicators.
* 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.
* Ensure effective software tool management of Risk Management.
* Champion the adoption and implementation of innovative tools and technologies.
* Strong communication skills, with the ability to articulate complex insurance and risk management concepts clearly to diverse audiences.
* Support education and training programs designed to elevate understanding and implementation of insurance best practices throughout the organization, fostering a culture of proactive risk management and informed insurance decision-making.
* Stay 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.
* Support other tasks as required, contributing to the overall efficiency of the Risk team.
Experience/Skills:
* At least 4-5 years relevant industry risk experience.
* General Insurance risk management experience, risk qualification or similar desirable.
* Highly organized and methodical, with the ability to manage multiple tasks and deadlines while working under tight deadlines.
* Must be able to work to a high degree of accuracy.
* Flexible approach, personable, and able to embrace change.
* High work ethic and drive, with the ability to self-manage.
* Demonstrable competence in writing clear and concise reports 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 outcomes and shows high levels of engagement with the wider business.
* Effective use of Microsoft Word and Excel, and good general IT literacy.
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