Manager, Risk

Brookfield; Toronto; On-site; CAD 80,000 - 120,000; Full time

Job summary

Brookfield Renewable seeks a Manager to assess and mitigate business risks while collaborating with key stakeholders. The successful candidate will have experience in risk management and insurance, ensuring effective strategies across acquisitions and global operations. This role is ideal for a strategic thinker with strong analytical and interpersonal skills, looking to make an impact in the renewable energy sector.

Qualifications

• 4-5 years' experience in risk management, compliance, or insurance.
• Understanding of Property/Casualty Insurance coverages required.
• Ability to work across teams and develop strong relationships.

Responsibilities

• Support in due diligence review of potential acquisitions.
• Manage insurance claims and advocate for the business.
• Coordinate with internal and external stakeholders.

Skills

Analytical skills

Problem-solving ability

Interpersonal skills

Project management

Strategic thinking

Education

Bachelor's degree

Industry certifications (CIP, FCIP, CRM, CPA, CA, CIA)

Tools

MS Office (Excel, PowerPoint)

PowerBI

Job description

Brookfield Renewable operates one of the world’s largest publicly traded platforms for renewable power and sustainable solutions. Our renewable power portfolio consists of hydroelectric, wind, utility-scale solar, distributed generation and storage facilities in North America, South America, Europe and Asia. Our operating capacity totals over 35,000 megawatts and our development pipeline stands at approximately 200,000 megawatts. Our portfolio of sustainable solutions assets includes our investments in Westinghouse (a leading global nuclear services business) and a utility and independent power producer with operations in the Caribbean and Latin America, as well as both operating assets and a development pipeline of carbon capture and storage capacity, agricultural renewable natural gas and materials recycling.

Brookfield Renewable is the flagship listed renewable power and transition company of Brookfield Asset Management, a leading global alternative asset manager with over $1 trillion of assets under management.

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

Reporting to the Director, Portfolio Management, the Manager will work with the North American operating businesses to assess, understand, and mitigate key business risks.

This role requires a versatile skillset, as the candidate will be responsible for a diverse set of responsibilities, including policy placement, acquisition due diligence, claims review as well as partner on setting our risk and insurance strategy. To support this mandate, the Manager will collaborate with several key stakeholders, including insurers, Brookfield portfolio companies / subsidiaries and Brookfield senior leaders.

To be successful in this role, a candidate will leverage their understanding of Property / Casualty Insurance coverages, markets and risk management concepts to identify risk and exposure for Brookfield’s core operations. The candidate will identify as a self-starter that thrives in a role that is fast paced and ambiguous – and requires strong detail orientation and interpersonal skills.

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 a minimum of four to five years' related experience (risk management, compliance, insurance carrier, broker).
• Industry relevant certifications (CIP, FCIP, CRM, CPA, CA, CIA or equivalent) preferred, but not required.
• Experience working with insurance organizations is considered an asset.
• Strong MS Office skills (Excel, PowerPoint). PowerBI experience is an asset
• 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.
• 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.

Location

Brookfield Place - 181 Bay Street

Business - Renewable Power & Transition

Brookfield Renewable operates one of the world’s largest publicly traded platforms for renewable power and sustainable solutions. Our renewable power portfolio consists of hydroelectric, wind, utility-scale solar, distributed generation and storage facilities in North America, South America, Europe and Asia. Our operating capacity totals over 35,000 megawatts and our development pipeline stands at approximately 200,000 megawatts. Our portfolio of sustainable solutions assets includes our investments in Westinghouse (a leading global nuclear services business) and a utility and independent power producer with operations in the Caribbean and Latin America, as well as both operating assets and a development pipeline of carbon capture and storage capacity, agricultural renewable natural gas and materials recycling.

Brookfield Renewable is the flagship listed renewable power and transition company of Brookfield Asset Management, a leading global alternative asset manager with over $1 trillion 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

Reporting to the Director, Portfolio Management, the Manager will work with the North American operating businesses to assess, understand, and mitigate key business risks.

This role requires a versatile skillset, as the candidate will be responsible for a diverse set of responsibilities, including policy placement, acquisition due diligence, claims review as well as partner on setting our risk and insurance strategy. To support this mandate, the Manager will collaborate with several key stakeholders, including insurers, Brookfield portfolio companies / subsidiaries and Brookfield senior leaders.

To be successful in this role, a candidate will leverage their understanding of Property / Casualty Insurance coverages, markets and risk management concepts to identify risk and exposure for Brookfield’s core operations. The candidate will identify as a self-starter that thrives in a role that is fast paced and ambiguous – and requires strong detail orientation and interpersonal skills.

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 a minimum of four to five years' related experience (risk management, compliance, insurance carrier, broker).
• Industry relevant certifications (CIP, FCIP, CRM, CPA, CA, CIA or equivalent) preferred, but not required.
• Experience working with insurance organizations is considered an asset.
• Strong MS Office skills (Excel, PowerPoint). PowerBI experience is an asset
• 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.
• 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.

Who We Are

Brookfield Asset Management is a leading global alternative asset manager with over US$1 trillion of assets under management across real estate, infrastructure, renewable power and transition, private equity and credit.

Brookfield owns and operates long-life assets and businesses, many of which form the backbone of the global economy. Utilizing its global reach, access to large-scale capital and operational expertise, Brookfield offers a range of alternative investment products to investors around the world—including public and private pension plans, endowments and foundations, sovereign wealth funds, financial institutions, insurance companies and private wealth investors.

Brookfield Asset Management Ltd. (BAM) is a public company listed on the New York (NYSE: BAM) and Toronto (TSX: BAM) stock exchanges. Brookfield Corporation is a public company listed on the New York (NYSE: BN) and Toronto (TSX: BN) stock exchanges.