Insurance Manager

Who We Are:
At Northland, we’re enablers of change, united by our journey to transform the energy sector into the foundation for a sustainable future.

Since our inception, we’ve been early movers in the energy industry, adopting new initiatives that pave the way for communities across the globe and helping forge their path towards a carbon-neutral landscape.

We’re a different kind of independent power producer. As developers, owners and operators who are at the forefront of the energy transition, we’re uniquely positioned to leave a lasting impact in the regions where we operate. We’ve expanded our business across Canada, the United States, Latin America, Europe and Asia to become a global leader, all by bringing together industry experts to find solutions with an entrepreneurial mindset.

While our work powers communities across the globe, Northland is powered by our people.

Reporting to the VP Corporate Finance & Treasury, you will play a key role managing Northland’s North American and Corporate insurance programs, supporting the existing operations of over 20 assets and collaborating with multiple internal teams to support a pipeline of development opportunities spanning a range of renewable energy technologies.

This position will be based in our Toronto Head Office. Additionally, this role will be 4 days in office per week, with one flexible day available for employees to work from home.

Key responsibilities:

- Manage Northland’s North American and Corporate insurance programs and act as the primary point of contact with insurance brokers, insurers and lenders insurance advisors
- Collaborate closely with the North American facility operations and asset management teams on scenario analyses, loss prevention, contingency planning and other risk mitigation strategies
- Manage insurance claims, including documentation, negotiation with loss adjustors/insurers, moderation between contracting parties, and liaising with brokers and advisers
- Identify, recommend and execute optimizations and strategies to optimize overall cost and coverage to deliver corporate objectives and maintain compliance with lender requirements
- Work closely with the Onshore and Natural Gas/Utility business units to develop, structure and conduct insurance tenders for organic developments and/or potential acquisitions with a focus on coverage, cost and optimal risk retention to support Northland’s growth strategy
- Collaborate with the Growth, Legal and Project Finance teams to define project insurance requirements and secure financing, involving interfacing with lender insurance advisors
- Advise procurement and contracting teams on insurance considerations and contractor insurance requirements
- Provide insurance cost estimates to FP&A, Onshore and Natural Gas/Utility business units during preparation of budgets, estimates and project development activities
- Support with the maintenance of and improvements to Northland’s Insurance Management System, including preparation of management and executive reporting
- Monitor insurance market trends in the power and renewable sector
- Support with other ad-hoc analyses and activities, as required

Who you are:

- _ Methodical and organised_: you work in a methodical way with strong planning and time management skills to handle multiple competing priorities
- _ Collaborative_: You build relationships easily and enjoy working as a team to get things done
- _ Diligent_: Your attention to detail ensures documentation is accurate and you follow up with others when needed to ensure outstanding information or actions are complete
- _ Independent_: You are proactive and set your own deadlines and milestones to ensure you meet objectives. You know when to ask for help and are comfortable doing so
- _ Resilient_: You work effectively under pressure with dynamic timelines

Qualifications and Experience:

- At least 5 years relevant work experience
- Bachelor’s degree or higher
- Solid understanding and experience in negotiation and placement of insurance programs on large infrastructure and/or energy projects, including:

- Understanding the scope and conditions of main project insurances (all-risks, business interruption, liability) and the interaction between construction and operational contracts
- Experience drafting and negotiating insurance requirements for contractors
- General understanding of the interaction involved between technical, commercial and legal matters in construction and infrastructure projects
- Experience conducting risk-based analysis (setting up EML studies) for large infrastructure and/or energy projects
- Experience working with project financed assets, including an understanding of lender’s insurance requirements and history working with Lender Insurance Advisors/Consultants
- Experience working for a global insurance company or insurance broker would be considered an asset

What’s In It for You:
Our employees are the driving force behind our achievements. We are