Lead Risk and Insurance Analyst
Louisville, KY - USA
Job Summary
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.
TITLE: Lead Risk and Insurance Analyst
EMPLOYER: AES Clean Energy Services LLC
LOCATION: Louisville CO (Telework permitted 2 days per week. 10% domestic and international travel)
DUTIES: Conduct high-quality analysis to support development legal construction and operations activities
from an insurance perspective managing contractual risks and implementing insurance programs. Develop new
analytical methods to support the Risk and Insurance Management Offices renewal and payment processes.
Communicate regularly with various departments (Finance Operations HR Purchasing etc.) to ensure compliance
with Risk and Insurance Management responsibilities. Collect and analyze complex data related to business changes
including new assets sales operations and financial obligations. Provide technical and analytical support for claims
including coordinating with brokers adjusters and business areas on property and financial data. Maintain relationships
with internal departments brokers insurance companies and third-party vendors to manage insurance and risk
effectively.
REQUIREMENTS: 4 years of experience in any occupation involving risk insurance management or a related field.
The position requires four (4) years of experience in:
- Review and analyze the insurance portfolio to ensure adequate coverage eliminating redundancies and negotiating better premiums or terms based on the companys risk profile.
- Evaluate all types of insurance policies (Casualty Property Financial Program and Cyber) to ensure they meet the organizations risk coverage needs. This includes examining the
- wording including exclusions deductibles and coverage limits to ensure there are no gaps or misunderstandings in coverage.
- Data Analysis and Reporting: Collect and analyze data for underwriting ensuring accurate reporting of exposures and risks. Strong reporting skills are essential with experience in Power
- BI or similar tools to create visually compelling data driven reports.
- Review and analyze different types of contracts to assess insurance and liability requirements including but not limited to Power Purchase Agreements; Engineering Procurement and
- Construction contract; Master Service Agreements; Land Lease Agreements and Limited Liability Company Agreements ensuring that all insurance requirements indemnity clauses and
- liability protections are properly worded and match the companys risk strategy.
- Budgeting forecasting and payment processing (Including creation of PR PO and invoice tracking) to ensure accurate financial planning and compliance with business objectives
- supporting risk management and insurance program implement.
- Conduct comprehensive risk assessment of M&A projects identifying potential risks that could jeopardize the acquisition and being able to develop mitigating strategies including
- insurance policies placement contractual risk transfer or changes in design.
The position requires three (3) years of experience in:
- Analyze claims frequency severity loss ratio premium growth rate and exposure to adjust insurance policies coverage deductibles and limits.
- Conduct monthly reporting invoicing and reviewing financial transactions to identify discrepancies analyze complex data and ensure proper allocation of payments in support of risk management and claims processes.
- Develop procedures forms and educational information for dissemination to the Company and Businesses through periodic reports.
SALARY: $112000 to $135000 per year (Standard Corporate Benefits provided)
TO APPLY: E-mail resume to . Please use reference Job Code.
Required Experience:
IC
About Company
AES is a global energy company that creates greener, smarter and innovative energy solutions. Together, we can accelerate the future of energy.