At a Glance
- Tasks: Join our team as a Risk Analyst, managing insurance processes and minimizing risks.
- Company: Greystar is a global leader in real estate, managing over $315 billion in assets.
- Benefits: Enjoy a dynamic work environment with opportunities for growth and innovation.
- Why this job: Be part of a culture that values proactive risk management and innovative solutions.
- Qualifications: 4-5 years of relevant experience in risk management and strong communication skills required.
- Other info: This role is based in London and offers a chance to work with diverse teams.
The predicted salary is between 36000 - 60000 £ per year.
ABOUT GREYSTAR
Greystar is a leading, fully integrated global real estate company offering expertise in property management, investment management, development and construction services in institutional-quality rental housing, logistics, and life sciences sectors. Headquartered in Charleston, South Carolina, Greystar manages and operates over $315 billion of real estate in 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, manages more than 1,000,000 units/beds globally , and has a robust institutional investment management platform comprised of more than $78 billion of assets under management, including over $36 billion of development assets. 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 Insurance Risk Analyst, will be based in London and will be assisting the Senior Director, International Risk on the day to day jobs. The person will be responsible for identifying, analysing, and managing risks associated with the organization’s insurance requirements. This role requires a deep understanding of insurance principles, risk assessment techniques, and regulatory requirements. The Insurance Risk Analyst will collaborate with other departments to minimize potential losses, improve risk management strategies, and support the organization’s financial stability.
JOB DESCRIPTION
Key responsibilities:
- Proactive management of processes required to administer global and regional insurance placements including PDBI, Development & Construction, Professional Indemnity, Cyber, D&O/EPL, Crime, Fiduciary and other specialty insurance to ensure programs align with the company’s overall objectives
- General knowledge of insurance policies, pricing, and premiums
- Assist in analysing policy terms, conditions, and exclusions to ensure adequate coverage, based on the organization’s risk profile and exposure.
- Ongoing insurance administration including managing policy documents and invoices
- Assist the business with ad-hoc insurance queries
- Lead collection and organization of annual exposure data from key stakeholders, and act as primary liaison between risk team and internal stakeholders
- Assist in collaborating with brokers and underwriters for policy renewals, endorsements, and terms
- Closely work with the brokers and loss adjusters to assist in managing claims
- Gather and analyse data from various sources to monitor trends in claims, losses, and other risk indicators.
- Conduct thorough reviews of contracts to ensure insurance requirements are properly addressed and comply with established policies and standards
- Advise the business regarding their insurance requirements and potential coverage options, ensuring tailored solutions that align with global standards
- Ensure effective software tool management of Risk Management
- Champion the adoption and implementation of innovative tools and technologies
- Strong communication skills, with the ability to articulate complex insurance and risk management concepts clearly to diverse audiences
- Actively assist in supporting education and training programs designed to elevate understanding and implementation of insurance best practices throughout the organization to foster a culture of proactive risk management and informed insurance decision-making
- Keep abreast of industry trends, regulatory changes, and technological advancements in the insurance industry. Evaluate and recommend innovative solutions to enhance the global insurance team’s best practices.
- Support other tasks as required, contributing to the overall efficiency of the Risk team.
Experience/Skills:
- At least 4-5 years relevant industry risk experience.
- General Insurance risk management experience, risk qualification or similar desirable.
- Highly organised and methodical, with the ability to manage multiple tasks and deadlines, whilst working tight deadlines
- Must be able to work to a high degree of accuracy
- Flexible approach, personable and able to embrace change
- High work ethic and drive, with ability to self-manage
- Demonstrable competence in writing clear and concise reporting and producing packs for senior management
- Excellent team player
- Maintains discretion, confidentiality and professionalism
- Excellent communication skills across all business levels
- The ability to foster a positive culture that prioritises good customer outcomes and shows high levels of engagement with the wider business.
- Effective use of Microsoft Word and Excel, and good general IT literacy
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Risk Analyst employer: Greystar Worldwide, LLC
Contact Detail:
Greystar Worldwide, LLC Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Risk Analyst
✨Tip Number 1
Familiarize yourself with the specific insurance policies and risk management strategies that Greystar utilizes. Understanding their approach will help you speak confidently about how your experience aligns with their needs during the interview.
✨Tip Number 2
Network with professionals in the real estate and insurance sectors, especially those who have experience with global companies. This can provide you with insights into industry trends and may even lead to referrals within Greystar.
✨Tip Number 3
Stay updated on the latest regulatory changes and technological advancements in the insurance industry. Being knowledgeable about these topics will demonstrate your commitment to the field and your ability to adapt to new challenges.
✨Tip Number 4
Prepare to discuss specific examples from your past experience where you successfully managed risks or improved processes. Highlighting your achievements will showcase your capability to contribute effectively to Greystar's risk management team.
We think you need these skills to ace Risk Analyst
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities and requirements of the Insurance Risk Analyst position. Familiarize yourself with key insurance principles and risk management strategies that are relevant to Greystar.
Tailor Your CV: Customize your CV to highlight your relevant experience in risk management and insurance. Emphasize your skills in analyzing policy terms, managing claims, and collaborating with stakeholders, as these are crucial for the role.
Craft a Strong Cover Letter: Write a compelling cover letter that showcases your understanding of the insurance industry and your ability to contribute to Greystar's objectives. Mention specific experiences that demonstrate your analytical skills and proactive approach to risk management.
Highlight Communication Skills: Since the role requires strong communication skills, provide examples in your application that illustrate your ability to convey complex information clearly. This could include experiences where you successfully collaborated with teams or presented findings to senior management.
How to prepare for a job interview at Greystar Worldwide, LLC
✨Understand Insurance Principles
Make sure you have a solid grasp of insurance principles and risk assessment techniques. Be prepared to discuss how these concepts apply to the role and how they can help Greystar manage its insurance requirements effectively.
✨Showcase Your Analytical Skills
Be ready to demonstrate your ability to analyze policy terms, conditions, and exclusions. Prepare examples from your past experience where you successfully identified risks and proposed solutions that aligned with organizational objectives.
✨Communicate Clearly
Strong communication skills are essential for this role. Practice articulating complex insurance and risk management concepts in a clear and concise manner. Think about how you would explain these concepts to different audiences within the company.
✨Stay Updated on Industry Trends
Research current trends and regulatory changes in the insurance industry. Being knowledgeable about recent developments will show your commitment to the field and your proactive approach to risk management.