Associate, Claims

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WHO WE ARE

Revantage is a Blackstone Company that provides a highly skilled employee base, best-in-class processes, and state-of-the-art technology to multiple Blackstone real estate portfolio companies. Sectors include Hospitality, Industrial, Multi-Family, Office, Retail, Senior Housing, and Manufactured Homes.

Revantage, headquartered in Chicago, is one of three global offices that includes Revantage Asia and Revantage Europe.

WHAT WE VALUE: OUR CULTURE

Creating a culture that inspires change and momentum requires the right team. We know what it takes to lead an industry, and are looking for leaders who seek constant growth, want to excel, and continuously improve upon themselves and the industry. The culture at Revantage is built on our shared core values and commitment to be:

  • Achievers - We expect high standards for ourselves and enable the success of our teams
  • Enthusiasts - We face challenges with optimism and believe anything is possible
  • Leaders - We commit to continuously improving our performance
  • Learners - We learn from our challenges and successes
  • Partners - We deliver value and positive impact to our partners

WHY THIS ROLE IS VALUABLE

This position will support the Risk Management department in the management of property and liability claims across North America . In addition to claims management , the candidate will utilize the Risk Management Information System (RMIS) to create meaningful metrics for various portfolio companies . As an integral part of the team , the Claims Analyst will work with all facets of the Risk Management department. This position is based out of Revantage's headquarters in Chicago, IL.

HOW YOU ADD VALUE

  • Assist in claim reporting and management to achieve the most positive claim outcome possible
  • Assist in the oversight of carrier/TPA management of all claims - monitor, evaluate, and address technical and financial performance issues
  • Receive and review incident reports in RMIS to ensure the claim was properly reported and determine if escalation to supervisor and/or legal department is necessary
  • Act as a liaison between third-party property managers and insurers to resolve claims, track payments and understand lender requirements.
  • Ensure claim reporting processes and procedures are followed by the portfolio companies and reinforce claim reporting instructions when necessary , including giving claim reporting training to portfolio companies
  • Participate in quarterly claim reviews , tailoring the review to each portfolio compan y's needs
  • Provide loss history when requested from various portfolio companies
  • Assist with historical claim closure efforts and collateral/LOC negotiations with markets
  • Collaborate with Treasury to confirm lender compliance with any claim proceeds
  • Collaborate with Treasury and our brokers from time to time to provide lenders with updated renewal certificates of insurance

WHAT YOU BRING TO THIS ROLE

Required:

  • Bachelor's degree from an accredited college
  • Minimum of 3 years of property and liability in claims
  • Strong q uantitative skills in insurance and finance
  • First-class interpersonal skills, including relationship building & maintenance
  • Excellent communication (verbal & written), numerical, presentation & organizational skills
  • Demonstrate strong teamwork skills
  • Effective reasoning and decision-making skills
  • Strong negotiation and investigation skills
  • Ability to meet deadlines and follow up in a timely manner
  • Self-motivated with the ability to work effectively as part of a team in a fast-paced, dynamic environment where superior time-management and prioritization skills are essential
  • Proficient working knowledge of Microsoft Office systems, particularly Excel

Preferred:

  • M ultifamily experience

PERKS FOR YOU

  • Competitive salary, overall compensation, and 401(k)
  • Work-life balance offerings include:
    • Remote work policy
    • Productivity Hours - weekly meeting-free work time
    • Bi-weekly Summer Fridays
  • In-house and external learning & development opportunities
  • Generous health insurance and wellness benefits

EEO Statement

Our company is proud to be an equal opportunity employer . We celebrate diversity and are committed to creating an inclusive environment for all employees. Our employment decisions are based on individual qualifications, job requirements and business needs without regard to race, color, marital status, sex, sexual orientation, gender identity and/or expression, age, religion, disability, citizenship status, national origin, pregnancy, veteran status and / or any other legally protected characteristics. We are committed to providing reasonable accommodations, if you need an accommodation to complete the application process, please email [email protected] .

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Technology we use

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What are Revantage, a Blackstone Real Estate Portfolio Company Perks + Benefits

Revantage, a Blackstone Real Estate Portfolio Company Benefits Overview

At Revantage, culture is paramount. However, a company cannot have a strong company culture without valuing its employees and fostering their wellbeing, success, and personal & professional development. From a generous PTO offering to job training & diversity programs, Revantage’s benefits package serves each employee beyond basic healthcare coverage and we are proud to be Great Place to Work Certified.

Culture
Volunteer in local community
Partners with nonprofits
Revantage is a corporate partner to CoreGiving, a 501©(3) organization created in 2016 to fight child hunger in communities we serve throughout the U.S.
Open door policy
OKR operational model
Team based strategic planning
Open office floor plan
Flexible work schedule
Employees can work remotely up to two days a week, and if flexibility in hours is needed, that can be arranged with manager.
Remote work program
Revantage lets all employees work remotely up to two days a week .
Diversity
Dedicated diversity and inclusion staff
Mandated unconscious bias training
Our employees and leaders are given an annual unconscious bias training in order to cultivate a more equitable and diverse workforce.
Diversity employee resource groups
Revantage has several resource groups including Women in Network - an opportunity for women at Revantage to drive their growth, and Grassroots - an employee-led cultural awareness initiative.
Hiring practices that promote diversity
Health Insurance & Wellness Benefits
Flexible Spending Account (FSA)
This account allows you to pay eligible medical, dental and vision expenses with pre-tax dollars. You can contribute up to $2,750 per plan year to this account.
Disability insurance
Short term and long term disability insurance provided by Cigna.
Dental insurance
Revantage covers 100% of dental insurance
Vision insurance
Revantage covers 100% of vision insurance
Health insurance
Employees are eligible to elect medical, dental and vision insurance for themselves and eligible dependents. Coverage is effective on the first day of employment.
Life insurance
Life insurance is provided at no cost to employees.
Wellness programs
Revantage provides complementary on-site gym membership, Headspace mediation app membership and ongoing wellness programs.
Mental health benefits
Revantage offers a free subscription to Headspace, access to the EAP, and has instituted a no after-hours meeting policy.
Financial & Retirement
401(K)
Revantage's 401(k) platform through Insperity offers SmartPlan educational tools and calculators to educate employees on plan basics, retirement needs, risk profile, investments, and contributions.
401(K) matching
401(k) retirement plan matches dollar for dollar up to 6% of employee pay with immediate vesting. Profit-sharing contributions of up to 2% are dispersed based on company performance annually.
Performance bonus
Revantage firmly believes in rewarding employees for hard work and offers annual bonuses to employees that meet performance goals.
Child Care & Parental Leave Benefits
Childcare benefits
Generous parental leave
12 weeks of fully-paid parental leave.
Family medical leave
Adoption Assistance
Revantage reimburses eligible employees up to $1500 for qualified adoption expenses.
Vacation & Time Off Benefits
Generous PTO
We provide 17 PTO days, 3 floating days, & 12 paid holidays off to recharge including Juneteenth, the Friday before Memorial Day, time off for voting, and summer hours every other Friday.
Paid volunteer time
Paid holidays
Office Perks
Commuter benefits
Our commuter benefits policy allows participants to save up to 40% on transportation costs by paying for mass transit and/or parking expenses with pretax dollars.
Company-sponsored outings
Revantage has quarterly paid office outings, as well as company-wide annual holiday parties and other events, for all employees.
Free snacks and drinks
Our fully-stocked kitchens offer free healthy snacks (beef jerky, cheese, vegetables, etc.), gourmet coffee machines, unlimited sparkling water, kombucha, cold brew and beer on tap.
Company-sponsored happy hours
Revantage has quarterly happy hours an provides in-office space for team happy hours.
Onsite office parking
Parking assistance available though Wage Works.
Relocation assistance
Fitness stipend
Onsite gym
Professional Development Benefits
Job training & conferences
Revantage offers several internal training & development programs: Team Leader Effectiveness Program, Foundations of Inclusiveness, the DEVELOP Portal, and the Blueprint Onboarding Program.
Tuition reimbursement
The Educational Assistance Program reimburses employees up to $5,250 per year for approved undergraduate and graduate courses taken as a part of a degree program..
Lunch and learns
Revantage has a monthly Lunch & Learn series called, "REACH," a program designed to promote better understanding of our business leaders.
Promote from within
Mentorship program
Revantage has the Champions Network mentorship program.
Continuing education stipend
Continuing education available during work hours
Online course subscriptions available
Customized development tracks
Paid industry certifications
The License and Certification Program reimburses employees for 100% of the cost for license and certification exams after all parts of the exam have been successfully passed.

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