Risk & Insurance Specialist

Core behavioural responsibilities for all employees
 

Agility	We Lead with Agility
Integrity	We Act with Integrity
Excellence	We Empower Excellence
Care	We Value Care

 
Integration of our four core values into our employment processes and frameworks allows Elgin to recognise and respect individual employees for their personal contributions to their roles, their colleagues, stakeholders, and ultimately to the renewable energy sector. We see sustainability as every employee’s responsibility and weaving sustainable practices into our values is paramount to the culture we seek to create.The Role:

We are seeking a full-time, permanent Risk & Insurance Specialist to join our team. The role sits with the legal team which consists of seven solicitors and two legal executives reporting to the Chief Legal Officer based in Dublin.

As Elgin is growing rapidly, we need a Risk & Insurance Specialist to develop and drive Elgin’s insurance program to effectively understand and mitigate risks while managing all arising claims.

This new and crucial role at Elgin involves ensuring the company has the most appropriate insurance cover for its development, construction, operational, asset management, and trading activities across multiple jurisdictions. Additionally, the Insurance Manager will ensure that contractors and third-party consultants carry necessary insurance policies at appropriate levels when undertaking work or providing services to Elgin. They will also investigate and manage insurance-related claims in a cost-effective manner, in accordance with policy terms and conditions.

The role can be based from our Dublin Office and includes working 4 days in the office and 1 day from home. 

What you will do:   

• Drive extensive business engagement at senior levels of the organisation and support the business in delivering on Elgin’s insurance needs.
• Develop and advise on the insurance strategy, including risk transfer options.
• Oversee the placement of all insurance policies covering Elgin's day-to-day operations across various jurisdictions.
• Direct the placement of the Employer Controlled Insurance Programme to provide coverage for projects from construction through to operation.
• Advise on contract terms and conditions relating to liability, indemnity, and insurance for the construction and operation of solar and battery storage projects.
• Maintain a comprehensive understanding of the insurance market, available policy covers, and emerging products that the company can access as needed.
• Lead engagement with the market and brokers to secure the best value and most comprehensive insurance cover for Elgin.
• Advise the business on balancing major risk insurance with appropriate levels of self-insurance where it is cost-effective.
• Lead the management of insurance-related claims, handling them on a "cradle to grave" basis, ensuring all claims are investigated and managed appropriately.
• Act as a point of escalation for claims where financial or reputational risk demands

What you will need: 

• Relevant third level qualification (Business and/or Insurance).
• 2 - 4 years experience in corporate insurance.
• Chartered Insurance Risk Manager/Practitioner (ACII Qualified) desirable.
• Excellent administration, communication, organisational and problem solving skills.
• Experience within the Renewable Sector with Construction/ Engineering insurance knowledge desirable.
• Comfortable reporting at a senior level.
• Expert insurance knowledge across all insurance classes preferably gained within an Insurance Brokerage/In-house position or similar environment.
• Strong Commercial Awareness.
• Excellent communication and stakeholder management skills.
• Demonstratable experience working across multiple jurisdictions desirable.