Risk and Insurance Manager

Responsibilities 

Risk Management 

• Manage the Enterprise Risk Management (ERM) activity through regular interaction with various SPOCs to monitor evolution of critical risks as well as identify new risks. 
• Monitor evolution of action plans for identified risks 
• Report quarterly to AMEA regional team on status of ERM risks and actions 
• Provide ERM input for inclusion in the annual synthesis. 
• Challenge the respective SPOCs on the identified risks and action plans

Insurance 

• Co-ordinate with the AMEA Regional Insurance team in Dubai for renewal and management of Transversal insurance programs (such as Cyber, D&O, Marine Cargo, etc.) for the Australia entities 
• Relationship management with key parties such as insurers, reinsurers, loss adjusters, etc.
• Co-ordinate in the renewal discussions with the respective Australia assets for the regional Property Damage Business Interruption, Third Party Liability and Terrorism programs.
• Management of insurance claims including guiding and supporting the project companies with the management. Post settlement of the claim ensure the fund collection happens in timely manner.
• Management of internal as well as external stakeholder relationships 
• Assist with the support delivery of the Australian region on all insurance matters.
• Assist with updating of insurance companies/advisors/ brokers database
• Seminars/Conferences – participate in internal (e.g., Risk engineering / claims workshops) and external (Asia Power Forum or similar) insurance conferences / seminars. 
• Preparation of monthly reports to the AMEA Regional Insurance team as well as  quarterly reporting to ENGIE HQ
• Adhere with the ENGIE Group Insurance Policy 

Operational Insurance

• Assist with contract analysis for projects under development from an insurance perspective. This includes all contracts including Power Purchase Agreement, Fuel Purchase Agreement, Turnkey Construction Contract, Financing, Facilities Management, Energy Services etc. 
• Preparation of detailed insurance budgets for assets in operation and projects under development.
• Manage and assist in the due diligence, bid and negotiation phase. This can be limited to budgetary input or can include full review of the existing insurances, if applicable, 
• Preparation of RFP’s for Insurance Advisor and Lenders insurance advisor on projects or programs and with the recommendation memos to ENGIE Group Insurance Committee (when applicable).
• Manage and assist in the negotiation with the insurance market for the respective project insurance covers
• Manage and assist with setting up, negotiation and management of all insurance related aspects of project financing. This involves discussions with lenders, partners’ insurance experts, lawyers, insurers, engineers, and other consultants.

Responsibilities 

• Degree in Finance/Law/Engineering or equivalent 
• At least 5 years experience in international, commercial and industrial
• Experience of working with Power Purchase Agreements, Finance agreements, EPC contracts, LTSA agreements, complex commercial contracts in the context of different countries with varied legal requirements.