Risk Management Insurance Business Development Construction/Operational insurance | - Manage the Enterprise Risk Management (ERM) activity for specified geographies within AMEA through regular interaction with various GBU heads/SPOCs to monitor evolution of critical risks as well as identify new risks
- Monitor evolution of action plans for identified risks
- Report quarterly to Head of Insurance on status of ERM risks and actions
- Provide ERM input for inclusion in the annual synthesis.
- Challenge the respective GBU head / SPOCs on the identified risks and action plans
- Co-ordinate with HQ Insurance team in Paris for renewal and management of Transversal insurance programs (such as Cyber, D&O, Marine Cargo, etc.) for the AMEA entities
- Relationship management with key parties such as insurers, reinsurers, loss adjusters, etc.
- Manage the renewal discussions for the regional Property Damage Business Interruption, Third Party Liability and Terrorism program to ensure the best terms for ENGIE and its joint venture partners.
- Management of insurance claims including guiding and supporting the project companies with the management and negotiate best possible result in the event of an insurable incident. 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 AMEA region on all insurance matters
- Assist with updating of insurance companies/advisors/ brokers database
- Seminars/Conferences – participate and lead in internal (e.g., Risk engineering / claims workshops) and external (Asia Power Forum or similar) insurance conferences / seminars.
- Preparation of monthly reports to the Head of Insurance AMEA as well as quarterly reporting to ENGIE HQ
- Assist in conducting the annual insurance seminar / conference for the respective Project companies / JV entities under the Regional Insurance Programs.
- Adhere with the ENGIE Group Insurance Policy
- 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.
- Assist the local management on all insurance issues, for the projects under construction and during the handover to operation period including assisting with insurance documentation.
- Assist with the implementation of group rules in terms of loss prevention (fire and machinery breakdown notably) in liaison with Global Care and other internal functions
- Management and coordination of risk engineering surveys across the AMEA assets under construction and operations including follow-up status of risk improvement recommendations issued by risk insurance consultant and/ or broker´s engineers.
- Follow the claims procedure in case of an event that may give rise to an insurance claim
- Inform and involve ENGIE HQ timely in case of important new contracts or projects such as construction, project financing or refinancing, IPO, divestiture etc.
- Optimization of local fronting costs in AMEA region
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