Senior Analyst, Risk & Insurance

Are you ready to be part of a company thats not just talking about the future but actively shaping it Join The AES Corporation (NYSE: AES) a Fortune 500 company thats leading the charge in the global energy revolution. With operations spanning 14 countries AES is committed to shaping a future through innovation and collaboration. Our dedication to innovation has earned us recognition as one of the Top Ten Best Workplaces for Innovators by Fast Company in 2022. And with our certification as a Great Place to Work you can be confident that youre joining a company that values its people just as much as its groundbreaking ideas.

AES is proudly ranked #1 globally in renewable energy sales to corporations and with $12.7B in revenues in 2023 we have the resources and expertise to make a significant impact as we provide electricity to 25 million customers worldwide. As the world moves towards a net-zero future AES is committed to meeting the Paris Agreements goals by 2050. Our innovative solutions such as 24/7 carbon-free energy for data centers are setting the pace for rapid global decarbonization.

If youre ready to be part of a company thats not just adapting to change but driving it AES is the place for you. Were not just building a cleaner more sustainable future - were powering it. Apply now and energize your career with a true leader in the global energy transformation.

Reporting to the Treasurer of the AES US Utilities business unit (US Utilities) the Senior Analyst Risk & Insurance in coordination with the AES Global Insurance and Risk Management teams is responsible for supporting the identification evaluation mitigation and management of the US Utilities exposure to financial operational contractual and reputational risks. A significant part of the role will include assisting in the administration of insurance policies certificates bonds claims conducting research analyzing relevant data and formulating recommendations aimed at enhancing the US Utilities risk profile while also providing support related to power and commodity hedging programs. The US Utilities business unit is comprised of our two US utilities AES Indiana and AES Ohio.

Key Responsibilities:
Risk Identification and Assessment: Support efforts to identify potential risks across financial operational strategic and compliance domains. Participate in risk assessments by collecting and analyzing data from various organizational units.
Data Collection and Analysis: Aggregate and interpret internal and external data pertaining to business operations incidents hazards and industry trends. Employ statistical and analytical tools to identify patterns and support risk management decisions.
Insurance Administration: Assist in the management of insurance policies certificates and bonds. Ensure accuracy and currency of all documentation. Serve as a liaison with other teams insurance brokers and carriers as needed.
Claims Management: Support the claims process throughout including ensuring prompt notification of incidents compiling necessary documentation and maintaining communication with internal and external stakeholders and facilitating settlements.
Reporting and Documentation: Prepare periodic and ad hoc reports for leadership summarizing financial risk exposures claims risk mitigation recommendations and other reports as may be required. Organize and maintain thorough records.
Compliance Assistance: Facilitate compliance with applicable laws regulations and internal risk and insurance policies and procedures as applicable to the US Utilities.
Process Improvement: Identify and recommend enhancements to risk and insurance processes to improve efficiency and reduce costs. Contribute to the evaluation and implementation of innovative solutions and best practices.
Stakeholder Communication: Clearly communicate findings concerns and recommendations to colleagues management and external partners.
Administrative Support: Provide general administrative assistance to the risk and insurance teams and engage in additional support as may be required.

Desired Experience and Skills:
Undergraduate degree with a focus in business finance insurance risk management or a closely related discipline is preferred;
1-3 years of relevant professional experience in risk analysis insurance finance or a related area is advantageous
Extensive knowledge and capabilities to work in Microsoft Word PowerPoint and Excel
Experience in data analytics or risk modeling tools is a plus.
Self-starter with ability to work independently and with a team in a fast-paced and high-volume environment with emphasis on accuracy and timeliness
Highly organized team player can easily respond to changes in work scope/deadlines as priorities shift
Outstanding communication (written and verbal) and interpersonal skills with ability to work across cross-functional teams effectively
Highly motivated to learn financial concepts and build out groups skillset
Strong organizational and time management skills
Positive attitude and an ability to adapt to changing projects and operations

Location and Work Environment:

The position is full-time and is based at our Indianapolis IN office. The role will require occasional travel to our Dayton OH office as well as other places in the US for site visits meetings or participation in risk assessments.