The Insurance Risk Manager will provide insurance risk management leadership to the teams within the Commercial Organization while also supporting the Services teams. Reporting to the Sales and Operations Risk Manager for Onshore Wind International, this role encompasses global coverage.
Job Description
As the subject matter expert, the Insurance Risk Manager will deliver solutions to drive business growth.
Key responsibilities for the assigned business units include:
* Mitigating risk exposure by identifying risk profiles from insurance obligations and/or contractual injury/damage exposure in contracts for the supply of equipment and maintenance services.
* Collaborating with commercial teams to negotiate appropriate risk allocation with counterparties (customers, subcontractors, suppliers).
* Supporting the Services teams in interpreting insurance coverage; these teams will lead insurance recovery activities from third-party insurers.
* Ensuring contract obligations are compliant with GE's insurance programs.
* Developing tools and training for commercial teams to maintain knowledge of risk and insurance-related matters.
* Advising Fleet Engineering on product and loss event communications with internal/external insurers and supporting corporate insurance with underwriters on product and project insurability issues.
* Assisting the Product organization with insurance-related considerations for New Product Introductions (NPI).
* Organizing webinars and roadshows with external insurers alongside Product Line Leaders to discuss product improvements for our technologies.
Qualifications / Requirements
* Master's Degree from an accredited college or university or equivalent experience/knowledge.
* Extensive experience in underwriting, risk management, brokerage, or related fields.
* In-depth experience with all risk property, construction, marine, and liability insurance coverage, including industry standards, practices, and resources.
* Significant experience in the energy sector.
* Proficiency in English, both verbal and written.
* Ability to excel in a non-colocated international environment, interacting with multiple internal functions (commercial, project management, legal, finance, etc.) as well as external customers, insurers, brokers, etc.
* Ability to travel approximately once per quarter.
Desired Characteristics
* Professional designations including Chartered Property Casualty Underwriter (CPCU), ARM.
* Practical experience in the Wind sector.
* Experience in analyzing and negotiating risk allocation in contracts.
* Strong negotiating and influencing skills.
* Hands-on experience in pursuing insurance recoveries and resolving conflicts.
* Experience in educating the market on new technologies and facilitating insurance support for NPI.
* Fluency in Spanish, German, and French.
* Resourceful, collaborative, and pragmatic mindset.
Additional Information
Relocation Assistance Provided: No
Required Experience: Manager
Key Skills
Arm, Risk Management, Financial Services, Cybersecurity, COSO, PCI, Root Cause Analysis, COBIT, NIST Standards, SOX, Information Security, RMF
Employment Type: Full-Time
Experience: Years
Vacancy: 1
Insurance Risk Manager Onshore Wind • Madrid, Madrid, Spain
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