Manager, Insurance and Risk Management

ABOUT AVANTUS

Avantus develops, owns, and operates utility-scale clean energy projects across California and the Desert Southwest. Our development pipeline represents one of the nation's largest portfolios of solar with integrated storage, capable of providing dispatchable power to 17 million Americans, day and night. With over a decade of industry leadership and strategic investment from KKR and EIG, Avantus delivers affordable, reliable clean energy solutions that meet America’s growing energy demand.

ABOUT THE POSITION

We are seeking a Manager, Insurance and Risk Management to join our finance team.  This individual will be responsible for all aspects of the company insurance program, including Corporate and Project-level policies to properly manage company liquidity and risk needs, as well as identifying other risk potential in the company. This is a vital role where the right individual will work autonomously gathering required information from department SMEs and working with our brokers to ensure insurance coverage meets company goals and contractual requirements. This role reports to the Vice President, Treasury.

ESSENTIAL FUNCTIONS AND RESPONSIBILITIES 

• Annually update and Renew Corporate insurance policies to ensure Company is properly managing risk.
• Implement project-level builders’ risk, liability, pollution, and operational policies as-required by project schedules and contracts.
• Upfront contract review of all 3^rd party insurance requirements prior to execution to ensure company compliance.
• Review insurance requirements on 3^rd parties to ensure proper company coverage.
• Annually review and update standard contracts and insurance requirements as market conditions change.
• Assist project finance and FP&A teams with forecasting and budgeting expected insurance costs at the corporate and project level.
• Work with 3^rd party brokers to process COI requests and track contractor COIs comply with agreement requirements.
• Coordinate brokers and independent insurance consultants to prepare reports as needed to support project financings.
• Key liaison/point of contact managing relationships between company and brokers.

REQUIRED SKILLS AND QUALIFICATIONS

• Annually update and Renew Corporate insurance policies to ensure Company is properly managing risk.
• Implement project-level builders’ risk, liability, pollution, and operational policies as-required by project schedules and contracts.
• Upfront contract review of all 3^rd party insurance requirements prior to execution to ensure company compliance.
• Review insurance requirements on 3^rd parties to ensure proper company coverage.
• Annually review and update standard contracts and insurance requirements as market conditions change.
• Assist project finance and FP&A teams with forecasting and budgeting expected insurance costs at the corporate and project level.
• Work with 3^rd party brokers to process COI requests and track contractor COIs comply with agreement requirements.
• Coordinate brokers and independent insurance consultants to prepare reports as needed to support project financings.
• Key liaison/point of contact managing relationships between company and brokers.

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