Tax Underwriter, Renewable Energy

Responsibilities

• Analyze and evaluate tax credit insurance submissions, including review of tax counsel opinions, memoranda, project documentation, ownership and transfer structures, and diligence reports
• Assess and underwrite renewable energy tax credit risks, including qualification, transferability, recapture exposure, and basis risk
• Review and understand the client's motivation for procuring coverage, the role insurance plays in the transaction, and the coverage structure required to support deal execution
• Prepare and negotiate non-binding indication letters, policy terms, binders, and endorsements in coordination with our carrier partner
• Participate in underwriting conference calls and manage deal timelines with brokers, tax advisors, and transaction counsel
• Perform independent tax research to assess novel or complex risk positions and present findings and conclusions to senior underwriters and management
• Manage the underwriting process from submission through bind, including selection of and coordination with outside tax counsel where applicable
• Contribute to the development and ongoing refinement of underwriting guidelines, submission criteria, and pricing benchmarks
• A highly customer-focused approach to origination, working with transactional liability brokers, tax equity investors, and tax credit transfer marketplaces.
• Cross-functional interactions with senior management, data scientists, and underwriting support staff.
• Collaborate with a team of experienced renewable energy veterans committed to solving a critical bottleneck that is holding back the adoption of renewable energy.

Qualifications

• Tax expertise: You have deep knowledge of renewable energy tax credits and the structures used to monetize them, such as partnership flips, sale-leasebacks, and direct transfers. A background as a tax attorney, Big 4 tax advisor, tax equity investor, or tax insurance underwriter or broker is ideal; a JD, CPA, or LLM is a plus.
• Underwriting or deal experience: You have evaluated tax risk in M&A, tax equity, or tax credit transfer transactions, and can translate that judgment into clear, defensible underwriting decisions. You are able to negotiate policy language, indication letters, and binder agreements with commercially and legally sophisticated counterparties.
• Critical thinker: You quickly synthesize large volumes of (often conflicting) information and develop a thesis. You can clearly articulate your proposal with supporting data.
• Operational Capability: We operate like a startup and need people who bias towards action and aren’t afraid to get their hands dirty.
• Self-starter: You can independently lead and manage projects. You know when to ask for help, but also trust your analytical frameworks.
• A relationship manager: You’ve worked with outside parties and/or brokers and fostered mutually beneficial relationships to build a book of business.