Manager, Insurance (Captive)

Key Responsibilities

• Support Vice President, Insurance, with all aspects of the captive insurance requirements of an energy portfolio.
• Work collaboratively with brokers, reinsurers, and tax/legal counsel to develop and evaluate insurance products, policy terms and conditions, as well as evaluate written coverage to outgoing/ceded reinsurance.
• Support development of business plans and pro forma financial statements. Maintain financial and operational records.
• Provide regulatory, insurance, risk management, underwriting expertise, and administrative captive management support.
• Coordinate new placements and renewal efforts with brokers, consultants, insurers and Invenergy’s insurance team.
• Oversee timely and efficient management of insurance and reinsurance documentation.
• Oversee premiums billing and manage collateral requirements.
• Provide claims support.
• Manage communication with state regulators for changes to the insurance program/business plan.
• Support the preparation for an participate in board meetings.

Qualification & Requirements

Basic Qualifications

• Bachelor’s degree in insurance, risk management or other relevant majors
• 5+ years of working insurance or risk management industry experience
• Eligible to work in the United States without the need for employer visa sponsorship now or in the future

Preferred Skills

• Power and/or natural gas experience is preferred.
• Other majors may be acceptable if supported by strong industry experience and insurance industry designations such as CPCU and ARM.
• Working experience with setting up and operating captive insurance companies/cells.
• Commercial Insurance experience including, Property, Casualty, Forced Outage, Capacity payments, parametric, tax and representations and warranties insurance is preferred.
• Insurance or risk management designations.
• Ability to communicate verbally and in writing in Spanish or Japanese is a strong asset.
• Track record of being able to work reliably under tight timelines, experience training junior team members and propose, design and implement process improvements.
• Strong analytical and problem-solving skills and good attention to details.
• Exceptional organizational and time management skills to complete settlement responsibilities in accordance with internal and external deadlines.
• Must be able to work independently with minimal oversight as well as in a team setting.
• Exhibit effective written and oral communication skills, including email, Skype and Microsoft Teams video conferencing, phone, and in-person communications.
• Must be a self-starting and motivated team player who is able to efficiently become skilled at new systems and effectively manage deadlines.

Benefits

Invenergy offers a variety of other benefits including medical, dental and vision insurance, 401k, paid time off, etc.