Manager, Risk Management & Insurance

Equity Residential • Chicago, IL

11d • $108,000 - $132,000 • Hybrid

About The Position

Balance Risk. Drive Value. Make an Impact. Are you a strategic thinker with a talent for navigating complexity and maximizing value in the face of uncertainty? We're looking for a Manager, Risk Management & Insurance to join our dynamic team and help shape the future of our enterprise-wide risk strategy. In this high-impact role, you'll report to the Senior Director, Risk Management & Insurance and play a key part in strengthening and evolving our risk and insurance programs. You'll work across departments to provide expert guidance, reduce cost of risk through data-driven insights and strategic insurance placements , and support ongoing initiatives across the organization, helping our people Take Educated Risks. Please note: Our current onsite work schedule requires attendance from Monday through Thursday each week, with remote work permitted on Fridays. WHO YOU ARE: Analytical and Creative. You like thinking outside the box while coming up with effective solutions to complex challenges. Comfort around asking critical questions, challenging the status quo, proposing actions from the owner’s point of view, and responding to changes in the marketplace. A Strong Communicator. Your writing and speaking skills are clear and effective, helping you connect well with others. Organized and Confident. You are flexible, composed, and able to prioritize multiple tasks and deadlines simultaneously while confidently interacting with individuals across all levels of the organization. Motivated. You invest extra energy to reach your goals. A Solution-Oriented Team Player. You are united with teammates and follow through on commitments. WHAT YOU’LL DO:

Requirements

• Bachelor’s degree in Insurance, Risk Management, Finance, Business Administration, or similar program, or equivalent combination of education, training and/or 5+ years of prior experience in Risk Management industry.
• Must have excellent administrative, communication, business writing and organizational skills.
• Proficiency in Microsoft Office and Google Workspace applications such as Word, Excel, and PowerPoint.
• Good problem-solving skills and ability to manage multiple priorities are critical.

Nice To Haves

• Familiarity with data visualization applications such as PowerBI and/or other experience in Data Analytics a plus.

Responsibilities

• Manages existing and new risk management programs and projects, leading program or project start-up, implementation, stabilization, and performance improvement to support company objectives and minimize the costs of risk across the portfolio.
• Manages the renewals of various “non-master” insurance placements for the Company working with internal and external parties to secure proper insurance coverage, without direct supervision.
• Supports all corporate insurance renewals by gathering exposure information and participating in marketing efforts. This may include making presentations to stakeholders, senior leadership, external parties and/or taking meetings as appropriate to support insurance renewals.
• Develops and maintains highly functional internal and external relationships to enhance new and existing programs.
• Lead cross-functional project teams to implement new risk management initiatives by creating and executing project plans, maintaining task lists, establishing policy and procedures and communicating regular status updates.
• Manages relationships with vendors and partners, including the Company’s third-party claims administrators , to ensure accountability and alignment with Company expectations.
• Reviews and advises on contractual risk transfer sections of commercial contracts.
• Counsels business partners on risk and insurance implications during the contracting process.
• Analyzes and assesses the performance of risk management programs and translates quantitative and qualitative data into recommendations and plans for continuous improvement of programs
• Oversees federal and state OSHA reporting and compliance.
• Identifies loss control opportunities and works closely with property operations, facilities management and legal groups to address safety concerns.
• Assists in the coordination of pending loss control projects, and monitors progress of and compliance with such projects.
• Conducts analysis and assists the Company’s corporate accounting team in the allocation of premium/development of budgets for various operating entities.
• Supports the Company’s field operations teams by providing information and training regarding insurance programs and procedures.
• May be assigned direct leadership oversight for other Risk Management professionals (i.e. Analyst or Coordinator).
• Represents the Company in a professional manner at all times .
• Consistently maintains a professional courteous attitude when dealing with residents, coworkers and the general public.
• Performs other duties as necessary.

Benefits

• Physical Wellbeing: Medical, dental, vision care and wellness programs
• Social Wellbeing: Paid holidays, annual vacation time, paid sick leave, new parent benefits, adoption assistance
• Financial Wellbeing: Competitive Compensation, 401(k) Retirement Savings Plan, Rent Discounts, FSA/HSA, and company-paid life & disability insurance
• Community Wellbeing: Paid Community Service Hours
• Career Wellbeing: Leadership Development, Tuition Assistance

What This Job Offers

• Job Type: Full-time
• Career Level: Manager
• Number of Employees: 1,001-5,000 employees