Lead Risk and Insurance Analyst

AES•Louisville, CO

1d•$112,000 - $135,000•Hybrid

About The Position

The AES Corporation (NYSE: AES), a Fortune 500 company operating in 14 countries, is a leader in the global energy revolution, committed to shaping a future through innovation and collaboration. Recognized as one of the Top Ten Best Workplaces for Innovators by Fast Company in 2022 and certified as a Great Place to Work, AES is #1 globally in renewable energy sales to corporations, with $12.7B in revenues in 2023, providing electricity to 25 million customers worldwide. The company is dedicated to meeting the Paris Agreement's goals by 2050, driving rapid, global decarbonization with innovative solutions like 24/7 carbon-free energy. This role within AES Clean Energy Services, LLC, located in Louisville, CO (with 2 days per week telework permitted and 10% domestic and international travel), involves conducting high-quality analysis to support development, legal, construction, and operations from an insurance perspective, managing contractual risks, and implementing insurance programs. The position also entails developing new analytical methods for renewal and payment processes, communicating with various departments for compliance, collecting and analyzing complex business data, and providing technical and analytical support for claims.

Requirements

4 years of experience in any occupation involving risk insurance management or a related field.
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 company’s risk profile.
Four (4) years of experience in: Evaluate all types of insurance policies (Casualty, Property, Financial Program and Cyber) to ensure they meet the organization’s risk coverage needs. This includes examining the wording, including exclusions, deductibles, and coverage limits, to ensure there are no gaps or misunderstandings in coverage.
Four (4) years of experience in: Data Analysis and Reporting: Collect and analyze data for underwriting ensuring accurate reporting of exposures and risks.
Four (4) years of experience in: Strong reporting skills are essential, with experience in Power BI or similar tools to create visually compelling, data driven reports.
Four (4) years of experience in: 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 company’s risk strategy.
Four (4) years of experience in: 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.
Four (4) years of experience in: 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.
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.
Three (3) years of experience in: 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.
Three (3) years of experience in: Develop procedures, forms and educational information for dissemination to the Company and Businesses through periodic reports.

Responsibilities

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 Office’s 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.