Senior Manager – Insurance
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Full Time
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Gurugram
Key Terms & Benefits:
Overview
The Senior Manager – Insurance will oversee the management and placement of comprehensive insurance policies, ensuring coverage for the company’s operations, assets, and projects, specifically within the renewable energy sector (solar, wind, and energy storage). The role requires expertise in multiple insurance lines, working with brokers and underwriters, managing claims, and optimizing risk coverage while ensuring compliance with industry standards and regulatory requirements.
Insurance Program Management
Develop and manage the company’s insurance portfolio, including but not limited to General Liability, Property, Professional Liability (E&O), Workers’ Compensation, Directors & Officers, Cyber Liability, Business Interruption, Contractors’ All Risk, Trade Credit, Marine & Cargo, Fidelity, and Group Personal Accident Insurance.
Ensure adequate insurance coverage for solar power, energy storage, and wind energy projects, tailoring policies to the specific risks of these sectors.
Risk Assessment & Mitigation
Conduct risk assessments for all operations, projects, and assets, including renewable energy sites, to identify potential insurance requirements.
Collaborate with project and Asset Management teams to ensure risks related to property, liability, environmental impact, and business interruption are effectively covered.
Claims Management
Oversee the full claims lifecycle, from incident reporting through to settlement, ensuring swift and fair resolution of claims.
Coordinate with legal, finance, and project teams to handle claims efficiently, particularly for renewable energy projects
Policy Placement & Negotiation
Lead the placement of various insurance policies, negotiating with brokers and underwriters to secure optimal coverage terms.
Ensure policies are tailored to the company’s business needs, particularly for solar, wind, and energy storage projects, balancing risk exposure with cost-efficiency.
Policy Renewal & Optimization
Manage the timely renewal of all insurance policies, ensuring continuous coverage with optimized terms.
Analyze the company’s insurance needs and recommend adjustments to coverage to align with evolving project portfolios, particularly in renewable energy
Compliance and Reporting
Ensure compliance with local, national, and international insurance regulations, particularly in renewable energy project jurisdictions.
Prepare regular reports on insurance status, claims management, and risk mitigation efforts, presenting them to senior management.
Stakeholder Engagement
Build and maintain relationships with insurance brokers, underwriters, and other third-party providers to ensure effective communication and service delivery.
Provide guidance to internal teams on insurance policies and coverage needs, including risk management for renewable energy projects
Budgeting and Cost Control
Manage the insurance budget, ensuring premium costs are aligned with financial objectives without compromising coverage.
Identify cost-saving opportunities through policy bundling or other strategic measures.
NON-NEGOTIABLE TECHNICAL SKILLS AND ABILITIES
Technical Competencies
Proven track record in managing diverse insurance portfolios, including General Liability, Property, E&O, Workers’ Compensation, D&O, Cyber, Business Interruption, Contractors’ All Risk, Trade Credit, Marine & Cargo, Fidelity, and Group Personal Accident Insurance.
PERSONA/ BEHAVIORAL COMPETENCIES
Soft Skills
Strong negotiation skills to secure favorable insurance terms for renewable energy projects.
Analytical and detail-oriented, with the ability to identify risks and recommend appropriate insurance coverage.
Excellent communication skills, capable of liaising with both internal teams and external providers.
Strong organizational skills to manage multiple policies and claims.
Goal-oriented, with a proactive approach to risk management and insurance optimization.
Interview Process
Round 1: Screening by TA
Round 2: Interview with Projects Head
EDUCTION AND EXPERIENCE REQUIRED
Education:
Bachelor’s degree in Finance, Risk Management, Insurance, or a related field. Professional certifications (e.g., Chartered Insurance Professional, Associate in Risk Management) preferred.
Experience:
10 years of experience in insurance management, with specific expertise in placing policies for solar power, energy storage, and wind energy projects.
THE SUNSURE ADVANTAGE
At Sunsure Energy, we believe in nurturing our greatest asset—our people. Joining our team means becoming part of a dynamic and inclusive culture where innovation thrives, and every voice matters. The Sunsure Advantage encompasses:
• Empowerment and Growth: We are committed to your professional development through extensive onboarding programs, ongoing training via platforms like Harvard and Coursera.
• Recognition and Inclusion: We celebrate achievements and foster a sense of belonging with family-inclusive rewards and recognition programs, ensuring everyone feels valued.
• Well-Being Focus: Our holistic approach prioritizes the physical, mental, and emotional well-being of our employees, offering comprehensive benefits that support a healthy work-life balance.
• Feedback and Connection: Through initiatives like Mira’s check-ins and anonymous feedback surveys, we encourage open communication and continuous improvement, ensuring that your insights are heard and acted upon.
• Innovative Work Environment: Be part of a forward-thinking organization that values creativity and collaboration, driving sustainable energy solutions for a brighter future.
If you’re looking to make an impact while being supported by an organization that champions your growth and well-being, Sunsure Advantage is your path to success.
About us
Sunsure stands as India’s leading Independent Power Producer, boasting exceptional capabilities in solar and wind technologies. With expertise in utility scale and distributed RE projects, Sunsure caters to commercial and industrial (C&I) clients through open access and behind the meter solutions and leads the nation’s sustainable energy revolution as a premier renewable energy company. Supported by a $400 million investment from Partners Group AG, Sunsure’s growth trajectory is bolstered by strategic partnerships and a commitment to shaping a greener India.
Our mission and vision
We are on a mission to deliver high performing renewable energy assets to meet the green power demand of India’s largest commercial and industrial corporates and in turn lead the charge for creating India’s clean energy powered future. We aim to reach 5 GW of production capacity by 2028 using our expertise in solar, wind and battery storage technologies, and become India’s largest renewable independent power producer.