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    Associate, Risk & Insurance Management (1 Year Fixed Term)

    New York, United States

    Associate, Risk & Insurance Management (1 Year Fixed Term)

    • 202406094
    • New York, United States
    • Closing on: Oct 31 2024

    Description

    Client creates vibrant destinations and dynamic environments that inspire innovation and connected communities.  As a diversified developer, operator, and investment manager of top-tier real estate in 33 markets across the globe, our business choices are driven by the belief that real estate should unlock human potential. Client’s diversified portfolio spans market rate and affordable residential communities, premier office properties and retail spaces, industrial facilities, and mixed-use campuses. We create state-of-the-art life science centers through our Breakthrough Properties joint venture, and foster innovation through our strategic proptech investments. By combining global perspective with local expertise, and a personalized approach, we are able to anticipate our customers’ evolving needs. We were the first real estate company to introduce asset-wide amenity services through our ZO platform, and the first traditional real estate company to create its own flexible space and coworking brand, Studio.  

    Since our founding in 1978, Client has acquired, developed, and operated 522 properties, totaling 218 million square feet, with a combined value of over $129 billion (U.S.). Client currently has approximately $68 billion in assets under management, including iconic properties such as Rockefeller Center in New York City, The Springs in Shanghai, TaunusTurm in Frankfurt, and Mission Rock in San Francisco.

    Summary of the Position: 

    The Risk Management Analyst will work alongside the Risk Management team as they plan and implement corporate control, risk funding and insurance programs to minimize losses.

    Key Responsibilities: 

    Insurance Procurement

    • Assist with operational renewal and development marketing processes, allocations, and post binding documentation.
    • Shadow Directors in meetings.
    • Assist in the creation, distribution and communication of departments insurance budgets

    Policy Management & Billing

    • Ensure all insurance documentation is accurate 
    • Manage the policy retention process for the department 
    • Facilitate the policy tracking system with external parties. 
    • Ensure the prompt payment of all insurance related premiums and fees. 
    • Maintain the department’s Premium History documents and exhibits.

    Reporting & Communications

    • Assist department in external communications and quantification of insurance risk associated with business transactions.
    • Support department goals and objectives on various projects.
    • Attend seminars and external training sessions.

    Claims & Loss Control

    Assist in the coordination of the departments claims process internally and externally

    Qualifications

    Skills & Qualifications:

    • Risk Management degree preferably with Bachelors/experience in Insurance related field.
    • Strong Microsoft Office Suite skills, especially Excel. 
    • Quick and flexible learner with initiative to identify needed improvements and execute projects with minimal oversight.
    • Strong work ethic and detail oriented.

    EOE, including disability/vets

    Compensation and Benefits 

    Base salary range and benefits information for this position are being included in accordance with requirements of various state/local pay transparency legislation. Please note that salaries may vary for different individuals in the same role based on several factors, including but not limited to location of the role, individual competencies, education/professional certifications, qualifications/experience, performance in the role and potential for revenue generation (Producer roles only).

    The base salary range being offered for this role is $60,000 - $80,000 USD per year. 

    Company Benefits

    WTW provides a competitive benefit package which includes the following (eligibility requirements apply):

    • Health and Welfare Benefits: Medical (including prescription coverage), Dental, Vision, Health Savings Account, Commuter Account, Health Care and Dependent Care Flexible Spending Accounts, Group Accident, Group Critical Illness, Life Insurance, AD&D, Group Legal, Identify Theft Protection, Wellbeing Program and Work/Life Resources (including Employee Assistance Program)
    • Leave Benefits: Paid Holidays, Annual Paid Time Off (includes paid state/local paid leave where required), Short-Term Disability, Long-Term Disability, Other Leaves (e.g., Bereavement, FMLA, ADA, Jury Duty, Military Leave, and Parental and Adoption Leave), Paid Time Off (Washington State only)

    Retirement Benefits: Contributory Pension Plan and Savings Plan (401k). All Level 38 and more senior roles may also be eligible for non-qualified Deferred Compensation and Deferred Savings Plans.

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