Managing Director of Risk Management

Welcome Interested in becoming a Ranger? Read more.

At RangeWater, we look for people who show up and work together to achieve success and make positive impacts on the lives we touch and enrich the communities we serve, as people are at the heart of everything we do. As a Ranger, we encourage you to explore possibilities and solutions for your own career success story and apply the same enthusiasm to help RangeWater remain THE leader and powerful force in Multi-Family Real Estate.

Our Team Members play a pivotal role in the success of the company’s performance, and we look forward to witnessing your successful journey as a Ranger

Culture: Companies with a strong culture and a higher purpose perform better in the long run.

Core Values (words to live by): People-focused, Collaboration, Integrity, Service, Results-driven, Experience-centric, and Innovation.

What’s in for you? Our leaders care about the well-being of all Rangers and recognize the importance of work-life balance. That’s why we offer competitive paid time off and benefits.

PTO/Benefits:

• Two + Weeks of PTO
• Paid Holidays
• Medical, dental and vision insurance
• 401(k) Enrollment Opportunity
• Employer Paid Basic Life and Short-Term Disability
• Paid Parental Leave for Birthing and Non-Birthing Parents (after 6 months)
• Potential opportunity for savings in rent (property and ownership specific)
• Cell Phone Allowance
• And more

Job Description

The Managing Director, Risk Management will lead risk management and insurance procurement for RangeWater Real Estate and its development, acquisitions, construction, investment management and property management companies (collectively, “RangeWater”). This position will report to the Chief Legal Officer and will work closely with the Chief Financial Officer and Chief Legal Officer to develop and implement a multi-year strategic risk management plan to evolve RangeWater’s insurance programs, risk mitigation practices and claims management. The Managing Director, Risk Management will be a key partner to each RangeWater business leader and will add valuable support and guidance in mitigating risk and maximizing the operational and financial success of each business line.

Strategy

• Collaborate with internal stakeholders to identify, assess and manage evolving risks. Proactively identify trends, develop strategic plans, recommend solutions, implement and train risk reduction/transfer methodologies to mitigate future losses.
• Build and manage a risk management budget and team to provide cost sensitive risk management services aligned with RangeWater’s strategic plan.
• Partner with the CFO and CLO to launch a captive insurance company and manage the growth and uses of the captive insurance company.
• Evaluate and, if appropriate, implement a Risk Management Information System (RMIS).

Insurance

• Manage brokers, underwriters and consultant communications, services and resources to ensure effective flow of information and most effective use of broker and carrier resources.
• Oversee annual insurance renewals for all lines of coverage, including property, casualty, executive risk, errors and omissions, network/cyber liability and pollution liability, ensuring accurate and timely completion of updated exposure values and insurance renewal applications.
• Review insurance policies and endorsements to ensure adequacy and accuracy of policy coverage forms, endorsements/exclusions and identify coverage gaps. Analyze appropriate coverage limits and deductibles and oversee maintenance of all insurance policies, binders and endorsements.
• Oversee allocation of insurance premiums and premium payments.
• Manage the RangeWater Master Insurance Program, including developing criteria for third-party participation and marketing tools to increase participation of qualified third-party owners.
• Partner with Property Management in managing the RangeWater renters’ insurance program.
• Develop standards and processes for review of insurance provisions in contracts and certificates of insurance.

Safety

• Identify loss causes and trends. In conjunction with the Operations team, develop and implement safety programs and training to help prevent or reduce accidents and injuries, continuing to integrate safety into RangeWater culture.
• Ensure compliance with OSHA and other regulatory safety agencies.
• Manage the workers’ compensation and incident reporting program with the appropriate members of the People team.

Claims Management

• Oversee claim reporting process and claim management, including the supervision of claims teams.
• Meet regularly with Legal team to coordinate on large liability and property losses, pollution, executive risk and high severity claims.
• Coordinate quarterly claim review meetings with carriers or third-party administrators.

Knowledge, Skills, Abilities

• Minimum 10 years of risk management experience, either in a corporate insurance environment, an insurance brokerage firm, or an insurance company. Experience in multi-family real estate is preferred.
• Bachelor's degree, preferably Risk Management, Insurance or a related field.
• Insurance broker license preferred.
• Extensive knowledge and understanding of commercial insurance lines, insurance policy forms, wordings, insurance market dynamics and conditions.
• Understanding of owner, property manager and construction risk and insurance exposures. Ability to align insurance risk with business objectives and goals.
• Demonstrated strong analytical capabilities with a high attention to detail. Excellent verbal and written communication skills for collaboration, negotiation and conflict mediation.
• Ability to self-manage and work independently. Ability to prioritize and balance a variety of tasks. Ability to perform in a fast-paced environment and display strong organization and communication skills.
• Track record of successfully building and managing a team. Ability to provide efficient, timely, reliable and courteous service to internal and external customers.
• High level of commitment to quality work product and organizational ethics, integrity, confidentiality and compliance.
• Familiarity with use of online Risk Management Information Systems (RMIS).
• Proficiency with Microsoft 365 (Teams, SharePoint, Word, PowerPoint, Excel, Outlook).

Compensation : Competitive and commensurate with experience.

About RangeWater Real Estate

Who We Are: Founded in 2006, RangeWater Real Estate is a privately-owned, vertically integrated real estate company that acquires, develops, manages and invests in multi-family and build-to-rent communities across the Sun Belt and Mountain West. We have developed and acquired nearly 36,000 rental housing units, representing more than $7 billion in total capitalization, and have built a property management portfolio of approximately 90,000 rental housing units across 13 states.

What We Do: We lead the rental housing industry. We leverage the insights learned across our unique development, property management, acquisitions and investment management platforms to benefit our clients, partners and residents. Our entrepreneurial approach and focus on collaboration deliver innovative solutions and industry leading results throughout the Sun Belt and Mountain West. We blend local market knowledge and subject matter expertise to create places and experiences that redefine community. We love the challenge.

Words We Live By : Our core values are our guiding principles. A successful candidate will align with these values and reinforce them in their daily internal and external interactions.

• PEOPLE-FOCUSED. We treat others the way we want to be treated. People are at the heart of everything we do.
• COLLABORATION. We are stronger together. We believe teamwork enables us to achieve greater outcomes within our organization and with our strategic partners.
• INTEGRITY. We do the right thing even when no one is looking. We believe in full transparency throughout all aspects of our business.
• SERVICE. We are responsible for making a positive impact on the communities and neighborhoods in which we live and operate.
• RESULTS-DRIVEN. We measure the outcomes of our performance and optimize those findings to continuously improve results.
• EXPERIENCE-CENTRIC. We create positive, fulfilling and impactful experiences for the people who work with us, live with us and partner with us.
• INNOVATION. We are committed to being a curious, forward-thinking and resourceful industry leader.

RangeWater is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.