What are the responsibilities and job description for the Renewal Manager position at Independence Realty Trust Inc.?
We are seeking a Renewal Manager - Specialized Operations - an experienced and strategic leader to lead efforts in maximizing lease renewals and enhancing resident satisfaction. This leadership role involves overseeing a team, implementing retention strategies, and ensuring seamless resident engagement. The ideal candidate will have a strong background in property management, customer service, and revenue optimization, with a proactive and data-driven approach to resident retention.
Key Responsibilities
- Please note, this position is based in Tampa, FL and hybrid schedule
Key Responsibilities
- Leadership & Strategy
- Develop and execute renewal and retention strategies to drive long-term occupancy rates.
- Lead and mentor a team of renewal specialists, providing training and performance oversight.Collaborate with onsite teams, leasing consultants, and corporate leadership to align goals.
- Lease Renewal & Negotiation
- Oversee timely lease renewal processes, ensuring competitive offers are extended to residents.
- Conduct renewal negotiations within revenue targets while maintaining positive resident relationships.
- Identify trends in lease expirations and proactively manage retention risks.
- Resident Engagement & Retention:
- Implement proactive engagement strategies beyond the traditional renewal window.
- Address resident concerns and coordinate solutions to improve satisfaction and long-term retention.
- Analyze resident survey responses and feedback to personalize interactions and improve overall experience.
- Bachelor's degree in Business, Property Management, or a related field preferred.
- 3 years of experience in property management, leasing, or resident retention, with leadership experience preferred.
- Strong negotiation, customer service, and problem-solving skills.
- Ability to analyze data and leverage insights to improve renewal outcomes.
- Proficiency in property management software, CRM dashboards, and reporting tools.
- Excellent communication and team leadership abilities.
- Medical, Dental and Vision Insurance for individual and/or family
- Stock Awards granted in first year – All employees are owners of IRT
- Discounted rent available
- 3 weeks of Paid Time Off days (PTO) in first year
- 10 Paid Holidays
- 100% company paid Long-Term Disability, Life and AD&D Insurance
- 100% company match on employee 401k contributions; up to 4% of salary
- Staff Appreciation events and many other company celebrations