Manager, Risk (Insurance)

About the role

TerraForm Power is seeking a highly motivated and detail-oriented Risk Manager to support the organization's risk management and insurance programs across its renewable energy operations.

Responsibilities

• Collaborate with a wide range of internal and external stakeholders, including Operations, Legal, Development, Finance, insurance brokers, adjusters, and other third parties.
• Review and provide feedback on insurance provisions of third-party contracts including financing agreements.
• Manage insurance report preparation for financing and other strategic activities with third party consultants, including managing to overall deal timeline and lender/investor diligence coordination.
• Review and coordinate on financing-related annual insurance reporting.
• Insurance claims management and advocating for the business on complex matters.
• Support policy renewals, endorsements, and mid-term changes in coordination with the Corporate Insurance team and insurance brokers.
• Maintain asset-level exposure data and support data quality for underwriting submissions.
• Maintain schedules, statement of values, and insurance applications.
• Assist with surety bond placement, issuance, and distribution.
• Manage, review and distribute COIs to customers.
• Manage the on/offboarding of new projects onto our insurance policy.
• Organize and maintain accurate insurance records.
• Conduct audit of existing insurance programs for assets.
• Review and respond to requests including analysis of data, policies, processes, and regulatory requirements.
• Review and update internal controls documentation as needed (risk-control matrices, narratives, flowcharts, and testing plans).

Qualifications

• Bachelor’s degree with a minimum of four to five years' related experience (risk management, compliance, insurance carrier, broker).
• Industry relevant certifications (CIP, FCIP, CRM, CPA, CA, CIA or equivalent) preferred, but not required.
• Experience working with insurance organizations is considered an asset.
• Strong MS Office skills (Excel, PowerPoint).
• PowerBI experience is an asset.
• Demonstrated and proven project management or coordination skills.
• Strategic thinker with strong analytical skills and problem-solving ability.
• Demonstrated and proven ability to work effectively in a team environment and maintain positive interpersonal relationships.
• Strong influencing skills: ability to present points of view effectively and gain support for their position while balancing technical and business considerations.
• Experience working with growing organizations with changing needs and multiple complex business transactions.

Pay

$120,000 - $145,000 USD; bonus eligible