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Vornado Realty Trust · 8 hours ago

Risk Analyst

Paramus, NJ

Full-time

Onsite

New Grad, Entry Level

$50K/yr - $65K/yr

Vornado Realty Trust is a premier real estate company seeking a Risk Analyst to join their Risk Management group. The role involves managing financial documentation for risk management, maintaining insurance policies, and developing relationships with various stakeholders in the insurance process.

Real Estate

H1B Sponsor Likely

Responsibilities

Serve as the primary service contact for all financial related inquiries, including but not limited to invoices, budgets, allocations for all lines of coverage

Responsible for developing a strong working relationship with building management, insurance carriers, brokers, adjusters, and Risk Management team members

Process and code all departmental invoices for management approval by confirming the accuracy of all invoices and maintaining updated database of invoices

Ensure insurance premium payments are paid in a timely manner

Support the Sr. Director, Risk Management by responding to general inquiries/requests, maintaining documentation of communications, issues, and issue resolutions

Assist the Head of Risk Management with the maintenance of financial records/trackers

Maintain and review all insurance policies, endorsements, binders, coverage digests, broker fee agreements and department schedule of insurance to ensure that the policies are correct and complete as bound

Coordinate all premium audits

Assist the Sr. Director, Risk Management with the day-to-day management of all controlled captive insurance companies

Assist the Sr. Director, Risk Management with monitoring and management of Workers’ Compensation, Property and General Liability claims

Monitor worker’s compensation and property loss data by preparing monthly and quarterly loss analysis reports, including obtaining loss run data from insurances carriers and brokers

Analyze (reconcile) workers’ compensation deductible billing invoices

Assist the Head of Risk Management with insurance renewals by gathering relevant underwriting data including, but not limited to, payroll data by classification, vehicle information/documentation, property values, etc

Assist with annual and ad hoc requests for Certificates of Insurance, including but not limited to requests from building managers, vendors, lenders, contractors and other third parties to ensure accuracy and timeliness of requests

Participate in property risk engineering inspections

Report carrier premium volume and carrier financial ratings

Perform Ways & Means analysis (Marshall & Swift) cost valuations in support of related property coverage programs

Other related duties as assigned

Qualification

Risk ManagementFinancial AnalysisExcelMS OfficeAnalytical SkillsNotary PublicCommunication SkillsProblem-SolvingTime ManagementInterpersonal Skills

Required

Strong written and verbal communication and interpersonal skills

Work effectively and establish priorities with minimal supervision

Effective time/project management skills to meet tight deadlines

Proficient in MS Office software

Reliable and thorough with a deep commitment to accuracy

Strong work ethic with individual problem-solving capabilities and analytical skills

Ability to create and implement structure and process to help automate tasks wherever feasible

Must be highly driven to learn and grow within the department and organization

College degree or equivalent related experience

Preferred

Related knowledge and experience in the areas of Finance/Accounting, Risk Management or Compliance is a plus

Become a notary public

Company

Vornado Realty Trust

Vornado Realty L.P. engages in the ownership and operation of office, retail, and showroom properties in the United States.

Founded in 1982

New York, New York, USA

1001-5000 employees

http://www.vno.com/

H1B Sponsorship

Vornado Realty Trust has a track record of offering H1B sponsorships. Please note that this does not guarantee sponsorship for this specific role. Below presents additional info for your reference. (Data Powered by US Department of Labor)

Distribution of Different Job Fields Receiving Sponsorship

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Trends of Total Sponsorships

2023 (1)