Insurance Risk Manager

Number of employees

1010

Bangalore, India, India

Posted on: 2024-01-23

Category: energy

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Employment type:

Full time

Experience required:

Intermediate

Salary

Salary not provided

About the company:

Fluence is the leading global energy storage technology and services company, created and backed by Siemens and AES, two industry powerhouses and pioneers in energy storage. Fluence unites the scale, experience, breadth, and financial backing of the two most experienced icons in energy storage.

Our mission is to create a more sustainable future by transforming the way we power our world. Energy storage is critical to this transformation, yet today the market is fragmented and customers face the challenge of finding a trusted technology partner amidst conflicting technical claims, inexperienced vendors and installers, and new market entrants with limited power sector knowledge.

Fluence brings the proven technology solutions and services that overcome the commercial and regulatory barriers that stand in the way of modernizing our energy networks. We are the partner that can deliver at a global scale with the most experienced and knowledgeable team in the world.

About Fluence: Fluence Energy, Inc. (Nasdaq: FLNC) is a global market leader in energy storage products and services, and optimization software for renewables and storage. With a presence in over 47 markets globally, Fluence provides an ecosystem of offerings to drive the clean energy transition, including modular, scalable energy storage products, comprehensive service offerings, and the Fluence IQ Platform, which delivers AI-enabled SaaS products for managing and optimizing renewables and storage from any provider. Fluence is transforming the way we power our world by helping customers create more resilient and sustainable electric grids.
For more information, visit our website, or follow us on LinkedIn or Twitter. To stay up to date on the latest industry insights, sign up for Fluence's Full Potential Blog.
 
OUR CULTURE AND VALUES

We are guided by our passion to transform the way we power our world. Achieving our goals requires creativity, diversity of ideas and backgrounds, and building trust to effect change and move with speed.

We are Leading
Fluence currently has thousands of MW of energy storage projects operated or awarded worldwide in addition to the thousands of MW of projects managed by our trading platform—and we are growing every day.

We are Responsible
Fluence is defined by its unwavering commitment to safety, quality, and integrity.

We are Agile
We achieve our goals and meet our customer’s needs by cultivating curiosity, adaptability, and self-reflection in our teams.

We are Fun
We value the diversity in thought and experience of our coworkers and customers. Through honest, forthcoming, and respectful communications we work to ensure that Fluence is an inclusive and welcoming environment for all. 

The Insurance Risk Manager is responsible for the coordination, administration and analysis of the global insurance programs, as well as helping support risk management activities in the Fluence Asia Pacific region.   This manager position will have broad participation in Fluence’s commercial insurance programs and will work closely with various outside vendors and Fluence internal people.  The successful candidate will have prior experience within a corporate insurance group placing insurance policies and will possess very strong analytical and computer skills allowing them to efficiently develop Excel and PowerPoint based analytics and presentations. 

Fluence IS AN EQUAL OPPORTUNITY EMPLOYER and fully subscribes to the principles of Equal Employment Opportunity to ensure that all applicants and employees are considered for hire, promotion, and job status without regard to race, color, religion, sex, national origin, age, disability, veteran status, sexual orientation, marital or familial status. 

Job responsibilities include:

  • Administration of all travel certificate requests.
  • Administration of certificates of insurance for the Company and businesses.
  • Coordinate data collection, review, and submission process for casualty and property (All Risk, BAR, and Cargo) lines.
  • Analysis of premium, claims, valuations, and various risks for all insurance programs.
  • Maintain submission, policy, and invoice documentation within appropriate insurance drives.
  • Monitor and coordinate collection of monthly required report submissions.
  • Provide supporting documentation for monthly accruals to accounting if requested.
  • Initial review of insurance contract terms in collaboration with broker to ensure compliance with Company standards and regional requirements.
  • Administration of property and cargo insurance claims, including consolidation of claim data, coordination of third-party data, and coordination with brokers and carriers.
  • Maintain and update risk management processes and procedures as program evolves; assist in the development of new guidelines.
  • Coordinate with insurance broker on follow-ups related to open items lists.
  • Assist as requested with annual corporate budgeting exercise.
  • Attend relevant meetings, conferences and training as needed.
  • Perform other risk management related activities on an as needed basis.
  • Travel to Fluence locations to perform insurance and/or risk management activities, as needed.
  • Support of insurance department projects developing presentation, charts and spreadsheets to effectively communicate with stakeholders.
  • Qualifications

  • Bachelor’s degree in insurance, Risk Management, or Finance preferred or equivalent work experience in corporate insurance department.
  • 6- 8 years of experience in insurance risk management.
  • Demonstrated solid analysis and problem solving skills
  • Strong computer skills, including PowerPoint, excel, and word
  • Strong oral and written communication skills
  • Collaborative approach to problem solving and working with others
  • Ability to work independently with individuals across functions, businesses and locations
  • Strong organizational and detail skills
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