Manager, Insurance - R08505-4121 - Invenergy LLC
Chicago, IL
About the Job
This job was posted by https://illinoisjoblink.illinois.gov : For more
information, please see:
https://illinoisjoblink.illinois.gov/jobs/12465217 Invenergy drives
innovation in energy. Powered by decades of entrepreneurial experience
and unparalleled execution, we solve the energy challenges facing our
customers and communities. We provide power generation and storage
solutions at scale around the world to create a cleaner energy future.
We develop. We build. We own. We operate. We are Invenergy.
This position will be open for application for at least 3 calendar days
from the posting date. This position will remain open for application
based on business need, which may be before or after the 3-day posting
window.
Job Description
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.
Basic Qualifications
- Bachelor's degree in insurance, risk management or other relevant
majors, with a proven track record of high performance and industry
participation. Other majors may be acceptable if supported by strong
industry experience and insurance industry designations such as CPCU
and ARM.
- 5+ years of working insurance or risk management industry experience
with a proven track record evidencing commitment, endurance,
initiative & drive, professional learning & development, and high
performance.
- 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.
- 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.
Base Pay
120,000.00 - 135,000.00 USD Annual Bonus: 25% - 40%
The base pay range reflects the minimum and maximum target salary for
the position. Invenergy considers a number of factors when determining
base pay offers such as the scope and responsibilities of the position
and the candidate's experience, education and skills.
In addition to base pay, the total annual compensation package may also
include eligibility to participate in our bonus program(s) which are
designed to reward individual and company performance. Your recruiter
can share more about bonus eligibility for this position during the
hiring process.
Invenergy offers a variety of other benefits including medical, dental
and vision insurance, 401k, paid time off, etc.
Invenergy LLC is an equal opportunity employer. All qualified applicants
will receive consideration for employment without regard to, among other
things, race, color, religion, sex, sexual orientation, gender identity,
national origin, age, status as a protected veteran, or disability.
information, please see:
https://illinoisjoblink.illinois.gov/jobs/12465217 Invenergy drives
innovation in energy. Powered by decades of entrepreneurial experience
and unparalleled execution, we solve the energy challenges facing our
customers and communities. We provide power generation and storage
solutions at scale around the world to create a cleaner energy future.
We develop. We build. We own. We operate. We are Invenergy.
This position will be open for application for at least 3 calendar days
from the posting date. This position will remain open for application
based on business need, which may be before or after the 3-day posting
window.
Job Description
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.
Basic Qualifications
- Bachelor's degree in insurance, risk management or other relevant
majors, with a proven track record of high performance and industry
participation. Other majors may be acceptable if supported by strong
industry experience and insurance industry designations such as CPCU
and ARM.
- 5+ years of working insurance or risk management industry experience
with a proven track record evidencing commitment, endurance,
initiative & drive, professional learning & development, and high
performance.
- 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.
- 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.
Base Pay
120,000.00 - 135,000.00 USD Annual Bonus: 25% - 40%
The base pay range reflects the minimum and maximum target salary for
the position. Invenergy considers a number of factors when determining
base pay offers such as the scope and responsibilities of the position
and the candidate's experience, education and skills.
In addition to base pay, the total annual compensation package may also
include eligibility to participate in our bonus program(s) which are
designed to reward individual and company performance. Your recruiter
can share more about bonus eligibility for this position during the
hiring process.
Invenergy offers a variety of other benefits including medical, dental
and vision insurance, 401k, paid time off, etc.
Invenergy LLC is an equal opportunity employer. All qualified applicants
will receive consideration for employment without regard to, among other
things, race, color, religion, sex, sexual orientation, gender identity,
national origin, age, status as a protected veteran, or disability.
Source : Invenergy LLC