Senior Director, Risk Management

Company Description

Public Storage is recognized as one of America’s Best Large Employers in 2022 by Forbes and our employees have also voted us as a Great Place to Work, having Best Career Growth, ranked us in the Top 5% for Work Culture, and in the Top 10% for Diversity and Inclusion.

With more than 2,900 locations nationwide, Public Storage is the leader in the self-storage industry, and given our number of tenants, we may very well be the world's largest landlord. We've experienced unprecedented growth over the past four decades, and it's in no small part due to the dedicated team that has helped us become an S&P 500 industry leader, the country's largest real estate investment trust (REIT), and the most recognizable name in self-storage.

Job Description

We are looking for a leader to join our Risk Management team in Glendale, CA as a Senior Director, Risk Management. This leader will partner and drive our Risk Management practice and insurance programs reporting to and in partnership with our Vice President of Risk Management.  

Essential Duties and Responsibilities:

• Direct the creative and efficient structuring of Public Storage’s corporate insurance program and evolving it with the business’ growth.
• Manage programs through a combination of self-insurance, commercial insurance, captive, and other strategies developed in partnership with broker partners.
• Manage internal exposure data to assist in the preparation of underwriting submissions
• Maintain portfolio-wide Statement of Values and other property risk data 
• Manage relationships with multiple 3rd party service providers
• Develop and support renewal strategy meetings with brokers and insurers
• Review marketing results and assisting in analysis, etc.
• Manage and audit all insurance policy documentation, endorsements, etc. for accuracy
• Review and negotiate various contracts and agreements to ensure proper allocation of risk
• Manage and oversight of certificates of insurance for vendor and contractor COIs
• Review all contractual agreements that are referred to Risk Management 
• Mitigate the Company’s exposure to risk by formulating, developing, and coordinating claims-related activities on large claims, and resolving claims using various risk transfer techniques
• Identify operational risks and potential risk mitigation opportunities. 
• Educate employees by periodically providing in-house training to various groups on important risk management topics and emerging risks
• Support the ongoing and growing needs of the Company as needed with routine and non-routine duties and projects
• Leading, continuing to build, training, and developing the P&C claims management and corporate insurance program teams 
• Building and nurturing regular and productive communications and partnerships with other teams to constantly balance various competing interests to pursue collective company goals and ensure alignment around wins, opportunities, expectations, and priorities.
• Providing guidance and technical subject-matter expertise for risk and insurance matters to the organization.
• Overseeing and ensuring department performance to meet evolving goals, initiatives, and key performance indicators.
• Developing direct report(s) to be effective people/team leaders and to meet personal and departmental goals.

Compensation
Base Pay Range: $175,000 - $220,000
Compensation may vary outside of this range depending on a number of factors, including a candidate’s qualifications, skills, competencies and experience, and location. Base pay is one part of our total awards approach to compensation which is provided to compensate and recognize employees for their work, and this role may be eligible for additional discretionary bonuses or incentives.

Qualifications

• Bachelor’s degree from an accredited college or university.
• 15 years minimum experience in the commercial insurance space,
• 5 years experience building, leading, mentoring, training, and developing teams.
• Excellent verbal and written communication skills.
• Strong analytical and data-driven, quantitative skill set.
• Philosophical alignment around optimizing risk financing & management strategies to match company risk profile, appetite, and goals.
• Experience working closely and communicating effectively with a diverse set of stakeholders in an ever-changing, rapid growth environment with tight deadlines.
• Ability to take initiative in a constantly-changing work environment while maintaining flexibility and a collaborative attitude.
• Able to help create, develop and implement process improvement(s).
• Exceptional organizational skills with attention to detail and ability to prioritize multiple tasks.
• Ability to promote the company culture and mission to all employees, vendors, clients, and business partners.

Additional Information

All your information will be kept confidential according to EEO guidelines.