Data management officer (la coruña) - la coruña, galicia, spain

Velto Renewables is a renewable energy independent power producer focused on decarbonization. Velto is seeking an Insurance Manager to join its team in Madrid, Spain, and work closely with the Head of Asset Management.

• Lead the design, placement, and ongoing management of Velto's global insurance portfolio, including property, casualty, third‑party liability, D&O, cyber, marine, construction (CAR/EAR), business interruption, machinery breakdown, theft, and umbrella/excess liability policies.
• Manage the issuance and renewal of insurance bonds (e.G., bid bonds, performance bonds, advance payment bonds, warranty bonds) required for project development, construction contracts, and O&M agreements.
• Structure and manage Warranty & Indemnity (W&I) insurance for acquisitions and divestitures in coordination with Legal and M&A teams, including due diligence support, policy terms negotiation, and claims management.
• Review, negotiate, and manage all insurance policies to ensure adequate coverage for aging assets, theft‑prone sites, operational disruptions, and emerging risks, while proactively controlling premium increases.
• Lead the end‑to‑end process for all insurance claims, including damage assessment, documentation, submission, follow‑up, and dispute resolution with loss adjusters and underwriters.
• Collaborate with Asset Management, Operations, and HSE teams to identify vulnerabilities and recommend preventive measures and CAPEX initiatives that can help reduce insurance costs.
• Monitor premium trends across Velto's portfolio, analyze cost drivers, and propose strategies to minimize increases through improved risk profiles, loss‑prevention programs, and competitive tendering of insurers.
• Ensure all insurance‑related activities comply with regulatory requirements, lender covenants, and internal policies, and maintain accurate records for audits and renewals.
• Act as the central point of contact and liaison between Velto, insurance brokers, underwriters, loss adjusters, legal counsel, and external risk consultants across multiple markets.
• Provide regular reports to senior management on claims status, recovery amounts, insurance costs versus budget, risk exposure metrics, bond issuance, renewal forecasts, and recommendations for continuous improvement.

• Deep and broad knowledge of property, casualty, D&O, W&I, crime, cyber, marine, construction (CAR/EAR), and business interruption insurance products, particularly those relevant to renewable energy assets.
• Experience with insurance bonds and guarantees in renewable energy project development and construction.
• Understanding of M&A insurance, including structuring coverage, due diligence, and policy negotiations.
• Strong claims management experience, leading complex, high‑value claims from notification to settlement.
• Good understanding of risk assessment and loss prevention in operating renewable energy plants.
• Financial acumen in budgeting, analyzing loss ratios, and managing total cost of risk.
• Experience operating across multiple insurance markets (Spain, France, UK) and familiarity with English law and London Market practices.
• Strong communication and collaboration skills, able to work cross‑functionally to align on risk priorities.
• Analytical and problem‑solving abilities, capable of identifying trends and proposing practical solutions to reduce risk cost.
• Proficiency in English and Spanish (written and spoken). French is a plus.

• Bachelor’s degree in Engineering, Business Administration, Economics, Finance, Law, or a related field.
• Professional insurance certification (e.G., CII, ARM) is highly desirable;
  ACII or progress towardit is a plus.
• 3+ years of progressive experience in insurance management, risk management, or claims handling, preferably within renewable energy, power generation, or industrial sectors, and with exposure to multiple jurisdictions.
• Proven track record in managing comprehensive insurance programs for a portfolio of operating assets, including policy negotiation, claims recovery, bond management, and broker relationship management.
• Direct experience with renewable energy technologies (solar PV and wind) and understanding of the project lifecycle (development, construction, operation) and associated risks.

The position is based in Madrid, Spain.