Manging Director, Construction Risk Management

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profile Job Location:

Charleston, SC - USA

profile Monthly Salary: Not Disclosed
Posted on: 3 hours ago
Vacancies: 1 Vacancy

Job Summary

ABOUT GREYSTAR

Greystar is a leading fully integrated global real estate platform offering expertise in property management investment management development and construction services in institutional-quality rental housing. Headquartered in Charleston South Carolina Greystar manages and operates over $300 billion of real estate in more than 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 managing overunits/beds globally. Across its platforms Greystar has nearly $79 billion of assets under management including over $35 billion of development assets and over $30 billion of regulatory assets under management. 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 .

JOB DESCRIPTION SUMMARY

The Managing Director Construction Risk Management is a strategic leader of Greystars 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 Greystars 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 organizations 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:

Bachelors degree in Risk Management Insurance Business or a related field. Masters degree or relevant professional certifications (e.g. ARM CRM CPCU) may be preferred.

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

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

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

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

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

Additional Compensation:

Many factors go into determining employee pay within the posted range including business requirements prior experience current skills and geographical location.

  • Corporate Positions:Inaddition to the base salary this role may be eligible to participateina quarterly or annual bonus program based onindividual and company performance.

  • Onsite Property Positions:Inaddition to the base salary this role may be eligible to participatein weekly monthly and/or quarterly bonus programs.

Robust Benefits Offered*:

  • Competitive Medical Dental Vision and Disability & Lifeinsurance benefits. Low (free basic) employee Medical costs for employee-only coverage; costs discounted after 3 and 5 years of service.

  • Generous Paid Time off. All new hires start with 15 days of vacation 4 personal days 10 sick days and 11 paid holidays. Plus your birthday off after 1 year of service! Additional vacation accrued with tenure.

  • For onsite team members onsite housing discount at Greystar-managed communities are available subject to discount and unit availability.

  • 6-Week Paid Sabbatical after 10 years of service (and every 5 years thereafter).

  • 401(k) with Company Match up to 6% of pay after 6 months of service.

  • Paid Parental Leave and lifetime Fertility Benefit reimbursement up to $10000 (includes adoption or surrogacy).

  • Employee Assistance Program.

  • Critical Illness Accident HospitalIndemnity PetInsurance and Legal Plans.

  • Charitable giving program and benefits.

*Benefits offered for full-time employees. For Union and Prevailing Wage roles compensation and benefits may vary from the listedinformation above due to Collective Bargaining Agreements and/or local governing authority.

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

Important Notice: Greystar will never request your banking details or other sensitive personal information during the interview process. Greystar does not conduct any interviews via text or messaging and all communication will come from official Greystar email addresses (@). If you receive suspicious requests please report them immediately to


Required Experience:

Director

ABOUT GREYSTARGreystar is a leading fully integrated global real estate platform offering expertise in property management investment management development and construction services in institutional-quality rental housing. Headquartered in Charleston South Carolina Greystar manages and operates ove...
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At Greystar, we offer apartments in desirable locations near shopping, dining, and workplaces. Browse through our wide selection of apartments for rent and find your dream home today.

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