Insurance Associate

Lightsource BP; London; On-site; GBP 50,000 - 70,000; Full time

Job summary

Lightsource BP seeks an Insurance Manager to support the Investment Management team focusing on global insurance programs for renewable energy projects. The role includes managing insurances for Solar PV projects, handling claims, and maintaining relationships with brokers and stakeholders. Candidates should possess strong insurance knowledge, previous relevant experience, and qualifications like ACII or a relevant degree.

Benefits

Annual bonus

Health insurance

Pension

Other local benefits

Qualifications

• Previous experience in insurance management or underwriting is preferred.
• Understanding of insurance requirements in renewable energy, especially solar.
• Experience managing corporate and operational insurance claims is advantageous.

Responsibilities

• Assist in managing insurance claims at project and corporate levels.
• Negotiate renewal elements of the business insurance portfolio.
• Maintain insurance documentation and collate information for annual renewal.

Skills

Technical knowledge of insurance

Excellent communication skills

Problem solving skills

Education

ACII or working towards

Relevant degree

Tools

MS Office

Job description

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We are Lightsource bp – and we’re on a mission to become a global leader in onshore renewables, anchored by our proven track record in solar development.

For over a decade we’ve been actively working to diversify the way our world is powered with sustainable and responsible renewable power. We work to safely deliver affordable, reliable, large-scale onshore renewable and energy storage solutions to help the world decarbonise.

Our growing business is constantly innovating and investing to help drive the energy transition. Our people and projects are focused on supporting long-term sustainable growth and energy security.

Lightsource bp was fully acquired by bp in 2024.

What you’ll do (the role)

This key role sits within the Investment Management team providing support on insurance programs globally.

Overall assistance in the management of Construction and Operational insurances for a number of Solar PV projects and Corporate insurances

• Assisting with the management of insurance claims at project (property damage, business interruption) and corporate levels (Employers & Public Liability, Professional Liability, Directors & Officers, Office, Stock, Fleet etc.)
• Responsible for assisting in negotiating the renewal elements of the business insurance portfolio
• Assisting in the reviewing of Minimum Insurance Requirements in Financing/Facility Agreements
• Assisting in the management of renewal process at project and corporate levels to ensure retention is maintained at a high level and in line with plan
• Mid-term adjustments to project insurances and corporate insurances
• Maintain insurance documentation: annual policy documents, endorsements, invoices, covering letters
• Collating information from the business as part of the annual renewal process – Globally
• Work closely with Brokers, Insurers and Stakeholders to maintain relationships

Who we’re looking for

Knowledge

• Technical knowledge of insurance
• Previous experience in a relevant insurance management role is preferred, or experience with underwriting, claims management or broking background with direct experience of insurance programs for global organisations desirable
• An understanding of insurance requirements in the Renewable, preferably Solar is advantageous
• An understanding of insurance policy drafting
• An understanding of key insurance case law would be an advantage
• Experience of large, complex Construction and Operational insurance placement would be an advantage
• Experience managing Corporate and Operational insurance claims would be an advantage.

Qualifications

• ACII or working towards
• Or degree in a relevant discipline advantageous

Why you’ll make a great member of the team

• Highly self-motivated and well organized.
• Excellent communication and presentation skills
• Commercial and Financial awareness.
• Excellent problem solving and analytical skills with the ability to think outside the box
• Excellent prioritization skills in order to meet deadlines
• Keen interest in renewable energy sector
• Good working knowledge of MS Office
• Strong written and verbal communication skills

Why you’ll want to work for us

Our company is a place where you can be yourself and grow, a place where your ideas and opinions matter.

Be you

We pride ourselves on being an inclusive community, where every individual is valued and treated with respect.

Be responsible

Our culture is driven by our core values – from operating safely to ensuring our projects are responsible.

Be recognised

Alongside a competitive salary, we offer a variety of benefits including annual bonus, retention bank, health insurance, pension and other local benefits.

Be inspired

Beyond your day-to-day working life at Lightsource bp, there’s a variety of initiatives that will contribute to your own personal development. These include our charitable causes, supporting our solar honey project, or volunteering on our VIBES committee to name a few.

Our core values

Lightsource bp truly cares about creating a sustainable future through safe, responsible and meaningful low carbon energy projects. Our core values of Safety, Integrity, Respect, Sustainability and Drive are the guiding principles for everything we do.