Transwestern Job - 49167692 | CareerArc
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Company: Transwestern
Location: Chicago, IL
Career Level: Mid-Senior Level
Industries: Construction, Housing, Real Estate

Description

Transwestern Real Estate Services adds value for investors, owners, and occupiers of all commercial
property types through comprehensive solutions grounded in sound market intelligence. Part of the
Transwestern companies, the firm applies a consultative approach to Agency Leasing, Asset Services,
Occupier Solutions, Capital Markets and Research & Investment Analytics.

Our firm's award-winning culture and reputation for exceptional service are built on a common purpose
– Empowering Good People to do Extraordinary Things Together. This unique approach, reinforced by the
hiring of smart, passionate, hard-working people who understand the benefits of both collaboration and
independence, creates value for our team members and clients every day.

The Risk Manager is responsible for identifying, assessing, and mitigating risks associated with the company's diverse portfolio of properties and investments. Reporting to the Senior Vice President of Risk Management, this position works directly with insurance companies, third party adjusters, insurance brokers and property managers. The Risk Manager will specialize in implementing proactive risk transfer and claims management strategies and minimizing risks for Transwestern's platform of real estate services, investment, and development companies.

ESSENTIAL JOB FUNCTIONS

  • Complete reviews of contracts and other legal agreements for appropriate risk transfer on behalf of Transwestern's platform of companies.

  • Manages all phases of the claims process from intake and investigation through litigation, settlement, and/or trial, and coordinates third party adjusters, legal counsel, and other parties on efficient claim resolution.

  • Assist the Sr. VP of Risk Management with renewal of Transwestern's annual insurance programs, with focus on compiling accurate information for all liability program exposures.

  • Maintain internal and external Risk Management Information Systems (RMIS) on accurate claim and exposure data and creation of comprehensive risk reports for operational leadership and underwriting submissions.

  • Serve as subject matter expert on claim related matters, providing guidance and support to operational stakeholders in the field.

  • Perform regular audits and reviews to ensure adherence to risk management protocols.

  • Communicate effectively with asset managers, property managers, leasing teams, etc., to raise awareness of risks and ensure alignment on risk management strategies

  • Provide guidance and training to employees on risk management best practices.

  • Ensure compliance with legal and regulatory guidelines, including environmental regulations, zoning laws, and financial reporting standards, coordinating with legal and compliance teams to address any compliance issues or concerns.

  • Stay abreast of relevant laws, regulations, and industry standards related to risk management.

  • Develop and implement risk mitigation strategies and action plans.

  • Monitor the effectiveness of risk mitigation measures and adjust strategies as needed.

  • Perform other duties as assigned.

POSITION REQUIREMENTS

  • A Bachelor's degree with emphasis in Risk Management, Finance, Business, or a related field.,

  • Relevant certifications (e.g., Certified Risk Manager, Certified Financial Risk Manager) are a plus.

  • 5+ years of proven experience in risk or claims management, preferably in a Real Estate industry.

  • Familiarity with commercial real estate risk management strategies, insurance, and risk transfer issues.

  • Thorough understanding of Owner and Property Manager risk and insurance exposures.

  • Proficiency in property management agreements and various service, vendor, and tenant lease agreements.

  • Effective management and leadership capabilities.

  • Proficiency in Microsoft 365 (Teams, SharePoint, Word, PowerPoint, Excel, Outlook)

  • Familiarity with use of online Risk Management Information Systems (RMIS)

  • Ability to keep information and internal communications confidential.

  • Demonstrate strong analytical capabilities with a high attention to detail.

  • Ability to manage multiple projects, changing priorities and time-sensitive, workload(s).

  • Ability to provide general direction/be self-managed/work independently.

  • Ability to provide efficient, timely, reliable, and courteous service to internal and external customers.

  • Exhibit excellent verbal and written communication for collaboration, negotiation, conflict mediation, and to work with a variety of personalities at all levels of the company.

  • Travel may be required.

       

WORK SHIFT

First Shift (United States of America)

   

LOCATION

Houston, TX

We Are Transwestern!

Transwestern's Guiding Principles are woven into the fabric of our firm and underscore the value of each individual team member. We embrace diversity, equity and inclusion — not only as the right thing to do, but as a reflection of who we are. It is our responsibility and heartfelt desire to create an environment that elevates the human spirit and brings out the best in everyone. Transwestern offers an exciting work environment, competitive salary and excellent benefits, which include medical, dental and vision coverage, as well as a 401(K) plan. Transwestern is an Equal Opportunity Employer.

Third Party Agencies/Vendors!

Transwestern recognizes the valued service provided by its recruitment agencies and as such have a Preferred Supplier List, which whom terms of business have been agreed. Only suppliers who have signed these terms can engage with Transwestern and its Family of Companies. If you are interested in becoming a Preferred Supplier vendor, we invite you to email us only at recruittw@transwestern.com. Please provide relevant information about your agency, and our dedicated team will carefully review and approve your submission. We will reach out if we find that there is a potential match and interest in adding your agency to our preapproved recruiting vendors list. Agreements obtained outside of this formal process will not be recognized and will be deemed invalid. We appreciate your understanding and cooperation in adhering to this established procedure. Thank you in advance.


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