Insurance Risk Associate

Scale Microgrids

Ridgewood (NJ)

On-site

USD 60,000 - 100,000

Full time

14 days+

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Benefits offered by this job

Medical Benefits

Paid Vacation

Holidays

401K Matching

Job summary

An established industry player is seeking a Compliance & Insurance Associate to ensure regulatory adherence and manage project risks. This role involves collaborating with internal teams to maintain compliance documentation, support risk mitigation strategies, and execute internal audits. The ideal candidate will have experience in compliance and risk management, particularly within the energy sector. Join a dynamic team dedicated to providing cleaner, more efficient power solutions while enjoying a competitive compensation package and comprehensive benefits. This is a unique opportunity to make a significant impact in a fast-paced, growth-oriented environment.

Qualifications

2+ years of experience in compliance or risk management, preferably in energy.
Familiar with insurance policies and bond requirements for energy projects.

Responsibilities

Assist in coordinating project insurance and compliance documentation.
Conduct project risk assessments and support internal audits.

Skills

Regulatory Compliance

Risk Management

Documentation Management

Communication Skills

Organizational Skills

Education

Bachelor's degree in Business, Law, Environmental Studies

Tools

Microsoft Office Suite

Risk Management Software

Job description

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The Role

We are looking for a Compliance & Insurance Associate to help ensure that Scale’s operations meet all regulatory requirements while managing project risks. You will support risk mitigation strategies, maintain compliance documentation, manage day-to-day activities for our existing insurance program, and execute internal audits and reporting processes. In this dynamic, cross-functional role you will support compliance and risk management efforts across internal teams and at all phases of the project lifecycle.

You will report to our Compliance & Risk Manager and work a hybrid schedule from our Ridgewood, NJ, or New York, NY office.

Key responsibilities will include:

Project Insurance Support: Assist in coordinating with Scale’s insurance broker to ensure appropriate insurance coverage for each project. Support in gathering documentation from various internal teams and providing project-specific details for insurance and bond requests. Support the development of insurance consultant reports and other deliverables required for financing counterparts.
Corporate Insurance Support: Support other insurance and bond requests as needed, including policy renewals and certificate of insurance management.
Documentation and Record Keeping: Help maintain accurate records of regulatory filings, permits, licenses, approvals, and compliance for ongoing and future projects.
Regulatory Compliance: Work with policy and regulatory SMEs to stay updated on relevant and evolving federal, state, and local laws, regulations, and industry standards that affect microgrid and community solar development and operations. Support the Compliance & Risk Manager in interpreting, analyzing the impact, and disseminating this information to internal teams.
Cross-functional collaboration: Obtain and interpret project details for existing and prospective projects to integrate regulatory compliance, operational limitations, and risk management within internal teams and the project lifecycle.
Risk Assessment: Assist in conducting project and revenue risk assessments, identifying current and future operational and financial risks in collaboration with the Compliance & Risk Manager.
Audits and Inspections: Support in organizing and facilitating internal audits, inspections, and regulatory reporting processes. Help prepare materials for external audits and inspections as needed.
Reporting and Monitoring: Assist in developing and implementing monitoring and reporting processes to measure compliance across different microgrid, community solar, and other distributed energy projects.
Training and Awareness: Assist in organizing training sessions for internal teams, ensuring that all employees are informed about risk management best practices and compliance expectations.

The Ideal Candidate

2+ years of experience in a compliance, risk management, or related role, preferably in the energy, construction, or infrastructure sectors
Familiarity with insurance policies and bond requirements specific to energy projects
Experience with regulatory compliance and risk management processes within energy projects, including project permits and environmental standards
Exceptional organizational skills and attention to detail with the ability to manage multiple tasks and priorities
Excellent communication skills, both written and verbal, with the ability to effectively interact with cross-functional teams, external insurance brokers, and other stakeholders
Proficient in Microsoft Office Suite; experience with risk management and compliance software is a plus
A bachelor’s degree in Business, Law, Environmental Studies, or a related field

This is a great opportunity to have a long-term impact on a fast-paced, private equity-backed growth business. Some of the core virtues embraced by Scale’s employees include:

Do the Right Thing
Act Like an Owner
Hustle
Demand Results
Go Together
Evolve or Disappear

We offer a competitive compensation package and a comprehensive benefits program including medical benefits, paid vacation and holidays, and 401K matching.

About Scale Microgrids

Scale Microgrids (“Scale”) is a fully integrated distributed energy platform focused on designing, implementing, and financing innovative distributed clean energy solutions. Through its leading technical expertise and access to scale capital, Scale helps its customers transition to a decentralized energy future by providing and financing sustainable, cost-effective, and resilient power solutions. Scale has its own proprietary microgrid solution which provides customers with cheaper, cleaner, and more reliable power, and also partners with third-party developers to acquire and/or finance a broader range of distributed energy assets.

Scale is backed by EQT, bringing a depth of experience, resources, and capital that will enable us to continue pursuing our vision to power the world with distributed energy. The investment enables Scale to own and operate billions of dollars in distributed generation assets.

About EQT

EQT is a purpose-driven global investment organization with EUR 246 billion in total assets under management (EUR 134 billion in fee-generating assets under management), divided into two business segments: Private Capital and Real Assets. EQT owns a portfolio of companies and assets in Europe, Asia Pacific, and the Americas and supports them in achieving sustainable growth, operational excellence, and market leadership.

To learn more about EQT, please visit https://eqtgroup.com/.

Scale strives to attract and retain a workforce that reflects the composition of our customer base and communities. We are committed to providing a work environment that provides everyone with equal access and opportunity to contribute and drive meaningful outcomes. We encourage applicants from all backgrounds to apply and will consider qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, or national origin.

Seniority level