Risk Analyst

Ventas, Inc.

Dec 4, 2023

Applications are closed

Job
Full-time
Entry Level
Banking & Finance
Chicago

Requirements

Bachelor's degree in related field; ARM designation preferred
1-5 years of risk management experience in a corporate structure
High degree of computer literacy and systems-oriented approach to problem solving, including strong Microsoft Excel and PowerPoint skills and experience.

Responsibilities

Risk Management Information System: Take primary responsibility on the management of Ventas’ Risk Management Information System (RMIS). Requires proficient use of RMIS to access data and develop various types of reports and provide to internal and external stakeholders, including the Corporate Risk Manager, Corporate Finance and Accounting teams, insurance brokers, outside consultants and insurers. Data is analyzed often to ensure its credibility and accuracy.
Claims Management: Work closely with the Corporate Risk Manager in monitoring Workers’ Compensation, Professional, General Liability, Auto Liability and Physical Damage, Property Insurance, Crime and Employment Practices Liability claims. Review property and casualty loss data to identify benchmarking and claim trends.
Complete Projects assigned by the Corporate Risk Manager: Examples of new projects include: research and analysis of risk identification including acquisitions; cost of risk analysis; and assist in the preparation of databases and presentations. Other projects will be assigned as needed by the Corporate Risk Manager and VP of Corporate Risk.
Maintenance of all Insurance Policies and Related Records: Work with the insurance broker to ensure policies are correct and complete as bound. Manage Ventas’ insurance policy and endorsement directory to ensure ready access for internal stakeholders. In collaboration with our outside broker, develop and manage a historical insurance schedule each year as policies renew.
Obtain Exposure Information and Loss Experience for Insurance Renewals: Work with the appropriate staff throughout the organization to obtain actual and projected payroll by classification, by state and/or by country; revenues; number of vehicles; employee headcount; and property values and business interruption values, including acquired and sold properties, and loss reports to submit this information to insurance brokers and insurers.
Insurance Certificates Requests: Respond to and manage annual and ad hoc requests for Certificates of Insurance, including requests from lenders, municipalities, vendors, and other third parties ensuring timeliness and accuracy of COIs.
Monitor Corporate Insurance and Risk Management Payments: Confirm the accuracy of invoices and recommend approval of payment to the Corporate Risk Manager while maintaining updated database of invoice payments made. Ensure premium payments are paid timely to preclude the cancellation of insurance policies.
Risk Management Information System (RMIS): Run reports and research individual claims from various insurance carriers and TPA systems, as well as, the insurance broker’s extranet. Have the aptitude to learn how to use new systems in the event systems, insurers or vendors are changed.
Lease Audit and Compliance System: Assist Corporate Risk Manager in ensuring tenants remain compliant with insurance requirements set forth in leases of Ventas’ NNN asset portfolio, including renewal, coverage and limit requirements.

Ventas, Inc.

A premier Real Estate Investment Trust (REIT) and capital provider to the healthcare industry. Excellence. Sustained.

Real Estate

Industry

201-500

Employees

1998

Founded Year

Mission & Purpose

For more than two decades, Ventas, Inc., an S&P 500 company and one of the world’s foremost Real Estate Investment Trusts (REIT), has operated as the premier capital provider to leading senior living, healthcare operators and research institutions. With more than $36 billion of investments under our belt, we own communities where patients and their families receive health and healing; where world class researchers discover treatments for disease; and where seniors live with dignity. Thanks to our financial strength and liquidity, our stock and robust dividend provides secure retirement savings and income to pensioners, firefighters, teachers and individuals around the world. We take our ESG (Environment, Social & Governance) commitments seriously. We’ve set meaningful ESG goals aligned to three pillars – People, Performance, Planet - emphasizing strong corporate governance; encouraging community engagement through social and financial support to communities where we live and work; and minimizing our environmental impact by protecting the planet while lowering operating costs and improving portfolio efficiency. We're honored to receive many external recognitions for our efforts: Ventas was named to the Dow Jones Sustainability World Index for the first time in 2019 and received Nareit’s 2019 Health Care Leader in the Light award for the fourth time. We were the first REIT to sign the CEO Action for Diversity & Inclusion and are a “Winning Company” on the 2020 Women on Boards Gender Diversity Index recognizing our 30% female Board. Our CEO, Debra A. Cafaro, is a leader widely-acclaimed for her strategic vision, and is ranked #29 in Harvard Business Review’s CEO 100, one of only 14 global CEOs named to HBR’s list consistently since 2014. Our team is what truly differentiates us – our winning competitive edge is due to a rare combination of drive and skill and a commitment to excellence that fuels everything we do.