Sr. Manager, Risk Management and Real Estate

USG Corporation•Chicago, IL

1d•Onsite

About The Position

This position is responsible for the Corporation’s real estate function and risk management functions. It coordinates all risk and real estate programs and vendor relationships in support of the Corporation’s operational goals and strategic objectives. In addition to site selection project management, the position collaborates with local and state government officials in the negotiation of economic incentives, as well as evaluation of strategic business acquisitions and expansions across all business lines. The position is responsible for all aspects of the risk management program including loss prevention, risk retention, risk avoidance, risk transfer, captive management, claims handling, self-insurance and insurance. Functions being performed require a thorough knowledge and understanding of the Corporation and its subsidiary operations, strategies, policies and directives. This position acts as an experienced resource to internal corporate clients in and acts as a liaison amongst different departments in the valuation of real estate acquisitions or expansions, or in the execution of the risk management programs.

Requirements

Bachelor’s Degree in business, insurance, or accounting/finance
6-10 years of experience in risk management (preferred) or real estate
Strong contract negotiation skills and business acumen required
Track record for effectively managing both internal and external relationships
Ability to communicate with others in an effective manner, written and oral
Ability to conduct and manage multiple projects concurrently
Must have a good working knowledge of MS Office

Nice To Haves

risk management experience

Responsibilities

Develop, implement, and manage insurance, self-insurance and loss prevention programs to minimize exposures, assume losses, and transfer catastrophic exposures to insurance carriers
Bid and award insurance products and negotiate with the awarded vendor to assure the best price/coverage for the company
Negotiate, review, and disseminate internally policies, contracts, surety bonds, insurance certificates, etc.
Process and negotiate casualty, product liability, property, or D&O claims, provide insight for loss mitigation, and ensure proper settlement and recovery
Collect insured values, property values, machinery and business interruption per insured site
Account for all insurance charges and allocate costs equitably to the insured operations
Advise Management on insurance and risk exposure pertinent to operations, safety, or product liability
Select, train, motivate, and direct staff to perform the risk management functions
Act as business partner for HR to determine the best possible insured employee benefit solutions
Remain alert to and taking effective action on new or changing risk exposures
Assist in due-diligence for Merger & Acquisition projects
Develop appropriate strategy and conduct negotiations for real estate acquisitions, dispositions, leases, options, easements, condemnation, encroachments, and all other matters involving real estate contracts and agreements.
Coordinate real estate transaction activities with various internal client organizations, as appropriate. Such departments include finance, operations, engineering, legal, environmental, plants, among others.
Assist the business units in the valuation of strategic business acquisitions or expansions, including real estate to be acquired or leased (i.e., industrial, office, mineral rights).
In collaboration with Legal Department prepare, draft, review, analyze and approve terms, conditions and provisions of real estate legal documents.
Through collaboration with tax consultants, manage administration of the Property Tax function. This includes prompt payment of all property tax bills, preparation and execution of property tax appeals and collaboration with local taxing jurisdictions.
Negotiate various incentives with local authorities and maintain ongoing reporting and audit requirements
Analyze, recommend, and manage idle or surplus property to maximize disposition value
Manage service provider arrangements with real estate and outside legal firms representing USG
Negotiate oil and gas leases to leverage cashflow from real estate portfolio
Manage payments to all lease locations and ensure they are executed timely and accurately