Jobs · Management · New York

Manager, Risk and Insurance

Convergent Energy and Power · New York, NY · 1 mo ago
HybridManagement$125k–$140k/yrFull-time

Project Insurance Policies

Manage insurance programs for projects across development, construction, and operations.

Ensure alignment of insurance coverage with project-level contracts, financing documents, debt agreements, and tax equity requirements.

Coordinate placement, renewal, and endorsement of construction and operational insurance policies.

Incidents and claims management

Corporate Insurance Policies

Oversee all corporate-level insurance programs.

Lead annual insurance renewals in coordination with brokers and advisors.

Ensure policies remain cost-effective, comprehensive, and aligned with enterprise risk profile.

Lettters of Credit

Oversee the company's letter of credit portfolio.

Coordinate issuance, renewals, draws, and releases with banks and internal stakeholders.

Monitor exposure, utilization, and compliance with financial agreements.

Credit Risk Management

Review, assess, and maintain a database of off taker and counterparty credit risks.

Support internal decision-making related to contract counterparties and risk mitigation strategies.

Enterprise and Corporate Risk Management

Serve as a key member of the Risk Committee.

Identify, monitor, and manage key risks including financial, operational, regulatory, tax, and health & safety.

Support development and enhancement of risk governance practices.

Leadership

Hold check-ins with the Associate, Financial Planning and Analysis, providing guidance, maintaining alignment on priorities and objectives, identifying knowledge gaps to suggest training opportunities to their direct manager, and providing general support to help them succeed in their role.

Afford mentorship and coaching to help the Associate, Financial Planning and Analysis enhance their capabilities and contribute effectively.

Foster a positive team culture that embodies Convergent's values.

Act as a trusted resource and advocate for the Associate, Financial Planning and Analysis, ensuring that concerns, challenges, and process improvements are communicated and/or approved by their direct manager.

Aid the CFO with hiring and onboarding efforts by providing input on team needs, participating in interviews when appropriate, and helping integrate new hires into team processes.

Requirements

  • Bachelor's degree (Business, Finance, Risk Management, Insurance, Engineering, or related field)
  • Strong written and verbal communication skills with the ability to establish credibility with investors, lenders, insurers, brokers, and underwriters
  • Demonstrated experience providing mentorship or professional guidance
  • English language proficiency
  • Alignment with Convergent's mission and values, and a strong interest in the Clean Energy Transition
  • 5% travel expected, primarily for team or company-wide meetings; occasional travel to remote project sites may be required and may involve driving or air travel

Preferred Qualifications

  • 5-10 years of experience in insurance and/or risk management
  • Professional certifications such as ARM, CPCU, CRM, or RIMS-CRMP
  • Experience with insurance tracking, risk management, or financial platforms
  • Familiarity with distributed energy or infrastructure projects
  • Knowledge of battery storage technologies and associated risks, including fire risk, safety standards, and best operational practices

Benefits

We're dedicated to fostering a welcoming and inclusive culture that prioritizes the safety and well-being of all our clean energy professionals. We embrace and learn from our diverse backgrounds, encouraging open dialogue and growth. Through resources like our active Employee Resource Groups, DEI Working Group, and comprehensive training and workshops, we're continuing to build a supportive community that celebrates the convergence of our identities.

We support that by offering robust benefits such as but not limited to, the following:

  • Medical, Dental, and Vision insurance
  • Vacation, Sick, and Volunteer days
  • 401K with an employer safe harbor match
  • Special Vendor Discounts on programs for: Identity theft and fraud prevention

Base Salary Range: $125,000 - $140,000; Salary Commensurate with Qualifications and Experience.

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