Posted:
8/1/2024, 5:00:00 PM
Location(s):
Ontario, Canada ⋅ Toronto, Ontario, Canada
Experience Level(s):
Senior
Field(s):
Finance & Banking
Location
Brookfield Place - 181 Bay StreetBusiness - Renewable Power & Transition
Brookfield Renewable and Transition operates one of the world’s largest publicly traded platforms for renewable power and decarbonization solutions. Our diversified portfolio consists of hydroelectric, wind, solar, distributed energy and sustainable solutions across North America, South America, Europe and Asia, and totals approximately 31,300 megawatts of installed capacity and a development pipeline of approximately 134,400 megawatts of renewable power assets and 13 million metric tonnes per annum ("MMTPA") of carbon capture and storage. We use our operating capabilities, scale and global reach to develop and operate a high-quality clean energy portfolio in a responsible manner, helping accelerate the global transition to net zero.
Brookfield Renewable is the flagship listed renewable power company of Brookfield Asset Management, a leading global alternative asset manager with approximately $900 billion of assets under management.
To learn more about the Brookfield Renewable & Transition group, visit https://www.brookfield.com/our-businesses/renewable-power-transition.
Brookfield Culture
Brookfield has a unique and dynamic culture. We seek team members who have a long-term focus and whose values align with our Attributes of a Brookfield Leader: Entrepreneurial, Collaborative and Disciplined. Brookfield is committed to the development of our people through challenging work assignments and exposure to diverse businesses.
Job Description
Senior Analyst, Portfolio Management, Risk and Insurance
About the Role
Reporting to the Director, Portfolio Management, the Senior Analyst under the Portfolio Management, Risk and Insurance team will work with the North American operating businesses to assess, understand, and mitigate key business risks. This role requires an ability to work with individuals across all levels of the organization, strong analytical and organizational skills, and the willingness to take the initiative within a demanding environment.
Candidate should have a good understanding of Property/Casualty insurance coverages, markets, and risk management concepts and have the ability to identify risks and exposures relevant to Brookfield’s core operations. Candidates should be resourceful and efficient, willing to work in a fast-paced environment, as well as being flexible and reliable with a positive 'can-do' disposition.
Key Responsibilities
Support in due diligence review of potential acquisitions.
Assist in onboarding new acquisitions and setting up of insurance programs across a global portfolio.
Coordinate with and support our in-house team, various portfolio company teams and service providers.
Review and respond to requests from internal and external stakeholders including analysis of data, policies, processes, and regulatory requirements Insurance claims management and advocating for the business on complex matters.
Review and analyze trends in risk exposures with regular frequency.
Conduct audit of existing insurance programs for assets.
Manage projects with Broker partners and third-party vendors, compile data, work with Broker partners on renewal strategy, market submissions, and renewal process.
Manage risk and control surveys and engineering reports.
Manage third party vendors in obtaining insurance reports.
Assist in the placement of surety bonds, obtaining insurance reports and COI’s.
Review and provide feedback on insurance provisions of third-party contracts/financing agreements.
Analyze insurance policies and provide feedback for enhancements.
Track insurance market updates (new entrants, changing appetite, evolving value propositions) and report on notable trends to impacted portions of our business.
Manage various tasks such as presentations and training, insurance summaries and administrative guidance for portfolio companies.
Organize and maintain accurate insurance records for Corporate and Portfolio Companies related to communications, renewals, loss surveys, invoicing, premium allocation, premium estimates etc.
Support and collaborate with stakeholders across various operating businesses.
Coordinate claim correspondence and relevant documentation for claims team.
Qualifications & Experience
Bachelor’s degree with minimum three (3) years' related experience (risk management, insurance carrier, broker).
Industry relevant certifications (CIP, FCIP, CRM, CPA, CA, CIA or equivalent) preferred but not required.
Demonstrated and proven project management or coordination skills.
Strategic thinker with strong analytical skills and problem-solving ability.
Demonstrated and proven ability to work effectively in a team environment and maintain positive interpersonal relationships,
Experience working with insurance organizations is considered an asset.
Strong verbal, written communication and presentation skills,
Strong influencing skills: ability to present points of view effectively and gain support for their position while balancing technical and business considerations.
Experience working with growing organizations with changing needs and multiple complex business transactions.
Able to work and travel between Canada and US.
Brookfield is committed to maintaining a Positive Work Environment that is safe and respectful; our shared success depends on it. Accordingly, we do not tolerate workplace discrimination, violence or harassment.
Brookfield is committed to creating an accessible and inclusive organization. We are committed to providing barrier-free and accessible employment practices in compliance with the Accessibility for Ontarians with Disabilities Act. Should you require a Human Rights Code-protected accommodation through any stage of the recruitment process, please make them known when contacted and we will work with you to meet your needs.Website: https://brookfield.com/
Headquarter Location: Menlo Park, California, United States
Employee Count: 10001+
Year Founded: 2017
Industries: Finance ⋅ Financial Services ⋅ Venture Capital