Associate, Insurance

Responsibilities

• Claim support: Responsible for a wide range of claim related activities – claim notice intake, evaluation, and reporting, oversee claim handling, support claim investigations, complex claims and coverage determination and disputes, claim payment collections and payment records management.
• Coordinate communication between Invenergy and insurance adjusters/insurers, monitor claim activities and support speedy claim resolutions.
• Engage external experts as needed.
• Maintenance of accurate records of claims across all lines of coverage in internal claim management systems.
• Oversee regular claim reporting and maintain open claims status by working closely with the insurance team, Asset Management, Project Management and other internal departments.
• Avoid identification of loss trends and communicate these to the appropriate internal parties.

Loss Control Support

• Manage insurer and third-party property insurance inspections at Invenergy’s sites.
• Work closely with Invenergy’s internal stakeholders (asset management, operations, finance, and more) to review and respond to insurer recommendations.
• Maintain recommendation registers and provide reports of recommendation trends and progress.
• Support site managers, operations and engineering teams with insurance inspections, including but not limited to jurisdictional pressure vessel and appraisal visits.
• Develop and maintain operational and technical knowledge of Invenergy fleet’s major equipment, and support fleet-wide loss control and prevention.

General Insurance Support

• Aid in the preparation of monthly, quarterly, and annual risk reports for various committees and boards.
• Aid in the preparation of loss analyses and identify opportunities to reduce Invenergy’s total costs of risk.
• Support the preparation of annual insurance budgets.
• Support Invenergy insurance team in coordinating insurance efforts from development through to operational phases of all projects, analyzing and evaluating insurable risks and potential risk mitigants.
• Coordinate communication between Invenergy and insurance broker to monitor upcoming construction completion activity to support placement of insurance for newly operational projects.
• Maintain accurate records of insurance placements, including providing certificates of insurance, tracking policy endorsements, and processing invoices.
• Engage with lenders’ insurance consultants to ensure project insurance compliance with applicable financing documents.
• Identify process improvements and automation opportunities to improve invoice production timeliness and achieve other efficiencies.
• Work cross-functionally with Development, Project Management, Asset Management, Finance, Legal and other teams to ensure the Company has appropriately structured insurance programs.
• Provide support to ad hoc requirements as they may arise.

Qualifications

• Bachelor’s degree
• 3+ 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 Qualifications

• Bachelor’s degree in insurance, risk management or other relevant majors, with a proven track record of high performance and industry participation
• Proven track record evidencing commitment, endurance, initiative & drive, professional learning & development, and high performance
• Exhibit effective written and oral communication skills, including email, Skype and Microsoft Teams video conferencing, phone, and in-person communications
• Insurance or risk management designations
• Ability to communicate verbally and in writing in Spanish or Japanese is a strong asset
• Power and/or natural gas experience is preferred
• 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
• Must be a self-starting and motivated team player who is able to efficiently become skilled at new systems and effectively manage deadlines

Pay

Base Pay: $88,000.00 - $113,000.00 USD

Annual Bonus: 20% - 30%