Managing Director, Construction Risk Management - Charleston, United States - Greystar

Greystar Charleston, United States

3 weeks ago

Full time

Description

The Managing Director Construction, Risk Management is a strategic leader of Greystar's Development and Construction risk and insurance department. This role is critical in ensuring that construction projects are conducted with minimal financial and operational risks, providing protection through effective insurance strategies and risk management practices.

JOB DESCRIPTION

1. Risk Assessment and Analysis:

· Conduct comprehensive risk assessments for construction projects, considering various factors such as project scope, location, regulatory requirements, and environmental considerations.

· Analyze potential risks related to construction activities, third-party liabilities, and other factors that may impact the project.

2. Insurance Program Development:

· Design and implement insurance programs tailored to specific construction projects and organizational needs.

· Management and optimization of the OCIP

· Strategic utilization of Greystar's captive insurance program.

· Collaborate with insurance brokers to negotiate favorable terms, coverage, and premiums for construction-related insurance policies.

3. Claims Management :

· Oversee the claims management process, working closely with project managers, contractors, insurance providers, and third party vendors to facilitate efficient and fair claims resolution.

· Ensure compliance with insurance policies and regulatory requirements during the claims process.

· Coordinate with EH&S to identify and mitigate claims trends and other loss exposures.

4. Contract Review and Compliance:

· Review construction contracts to identify and mitigate potential risks through appropriate insurance coverage.

· Ensure that construction projects comply with insurance requirements stipulated in contracts and legal regulations.

5. Strategic Planning:

· Develop and implement strategic risk management plans for construction projects, aligning with the organization's overall risk tolerance and business objectives.

· Provide recommendations to senior management regarding risk mitigation strategies and insurance coverage enhancements.

6. Communication and Collaboration:

· Communicate effectively with internal stakeholders, including project managers, safety teams, finance teams, legal teams, and executives, to ensure a cohesive risk management approach.

· Collaborate with external parties, such as insurance brokers, underwriters, and regulatory authorities, to stay informed about industry trends and regulatory changes.

BASIC KNOWLEDGE & QUALIFICATIONS:

â¢Â Â Â Â Â Â Bachelor's degree in Risk Management, Insurance, Business, or a related field. Master's degree or relevant professional certifications (e.g., ARM, CRM, CPCU) may be preferred.

â¢Â Â Â Â Â Â 15+ years proven experience in construction risk management and insurance, with a focus on large-scale projects. Preferably in multi-family real estate.

â¢Â Â Â Â Â Â Strong knowledge of construction industry regulations, insurance products, and risk management principles. International experience preferred.

â¢Â Â Â Â Â Â Experience utilizing captive insurance vehicles and other risk finance methods to retain losses.

â¢Â Â Â Â Â Â Excellent negotiation and communication skills, with the ability to interact with diverse stakeholders. Strong executive presence.

â¢Â Â Â Â Â Â Analytical mindset and proficiency in data analysis tools to assess and quantify risks.

Compensation is based on geographic location and individual pay decisions will vary based on demonstrated job related skills, knowledge, experience, education, certifications, etc.

Corporate Positions: In addition to the base salary, may be eligible for an annual performance bonus that is based on individual and company performance.

Onsite Property Positions: In addition to the base salary, may be eligible for a discretionary weekly, monthly and/or quarterly bonus based on budget.

Greystar seeks to attract, recruit, advance and retain top talent. Greystar's compensation strategy is tailored to appropriately reward the skillset and experience that a team member will bring to the organization.

Robust Benefits Offered for Full-time Team Members:

Medical, Dental, Vision, Life
401(k) with Company Match (eligibility required)
Short-term & Long-term Disability
Critical Illness/Accident/Hospital Indemnity Plans
Employee Assistance Program
Generous Paid Time Off: Time off benefits include vacation, holidays, personal days, and sick time and parental leave

For Union and Prevailing Wage roles compensation and benefits may vary from the listed information above due to Collective Bargaining Agreements and/or local governing authority.

Greystar will consider for employment qualified applicants with arrest and conviction records.

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