USG Corporation Senior Manager, Risk Management (Insurance) & Real Estate in Chicago, Illinois
This position is responsible for the Corporation’s real estate function and risk management functions. It coordinates all risk and real estate programs and vendor relationships in support of the Corporation’s operational goals and strategic objectives. In addition to site selection project management, the position collaborates with local and state government officials in the negotiation of economic incentives, as well as evaluation of strategic business acquisitions and expansions across all business lines.The position is responsible for all aspects of the risk management program including loss prevention, risk retention, risk avoidance, risk transfer, captive management, claims handling, self-insurance and insurance.
Functions being performed require a thorough knowledge and understanding of the Corporation and its subsidiary operations, strategies, policies and directives.This position acts as an experienced resource to internal corporate clients in the areas of financial analysis, market analysis, user decision analysis, and certain aspects of investment analysis. The position also acts as a liaison amongst different departments in the valuation of real estate acquisitions or expansions, or in the execution of the risk management programs.
* * _RESPONSIBILITIES_
Insurance – 50% time allocation * Develop, implement, and manage insurance, self-insurance and loss prevention programs to minimize exposures, assume losses, and transfer catastrophic exposures to insurance carriers. o Bid and award insurance products and negotiate with the awarded vendor to assure the best price/coverage for the company o Negotiate, review, and disseminate internally policies, contracts, surety bonds, insurance certificates, etc. * Process and negotiate casualty, product liability, property, or D&O claims, provide insight for loss mitigation, and ensure proper settlement and recovery * Collect insured values, property values, machinery and business interruption per insured site * Account for all insurance charges and allocate costs equitably to the insured operations * Advise Management on insurance and risk exposure pertinent to operations, safety, or product liability * Select, train, motivate, and direct staff to perform the risk management functions * Act as business partner for HR to determine the best possible insured employee benefit solutions * Remain alert to and taking effective action on new or changing exposures. Real estate – 50% time allocation ** * Develop appropriate strategy and conduct negotiations for real estate acquisitions, dispositions, leases, options, easements, condemnation, encroachments, and all other matters involving real estate contracts and agreements. Coordinate real estate transaction activities with various internal client organizations, as appropriate. Such departments include finance, operations, engineering, legal, environmental, etc. * Assist the business units in the valuation of strategic business acquisitions or expansions, including real estate to be acquired or leased (i.e., industrial, office, mineral). In collaboration with Legal Department prepare, draft, review, analyze and approve terms, conditions and provisions of real estate legal documents * Through collaboration with tax consultants, manage administration of the Property Tax function. This includes prompt payment of all property tax bills, prosecution of property tax appeals and collaboration with local taxing jurisdictions * Negotiate various incentives with local authorities and maintain ongoing reporting and audit requirements * Manage or supervise idle or surplus property in order to maximize disposition value. Make recommendations for strategies to be employed in the disposition of idle or surplus property * Manage service provider arrangements with real estate and outside legal firms representing USG * Negotiate oil and gas leases to leverage cashflow from real estate portfolio * Manage payments to all lease locations and ensure they are executed timely and accurately
_Education_ * Bachelor’s Degree in Accounting/Finance
_Experience_ * 6-10 years of experience in either USG business function, or risk management, or real estate _Required Skills_ * Strong contract negotiation skills and business acumen required * Track record for effectively managing both internal and external relationships * Ability to communicate with others in an effective manner, written and oral * Ability to conduct and manage multiple projects concurrently * Must have a good working knowledge of MS Office
_Preferred Skills_ * Masters or equivalent preferred Risk management * Real estate * Accounting * Finance
/EOE including disability/veteran/
Organization: *Corp-Treasury Operations-187
Title: Senior Manager, Risk Management (Insurance) & Real Estate
Requisition ID: HQ 11328
We are an Equal Employment Opportunity Employer and do not discriminate on the basis of race, color, religion, gender, national origin, age, non-disqualifying physical or mental disability, sexual orientation, transgender status, sexual identity, veteran status, genetic information or other criteria prohibited by law.