Senior Project Risk Advisor, Power & Renewables

AON PLC

Chicago (IL)

On-site

USD 222,000 - 250,000

Full time

14 days+

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Job summary

Aon seeks a Senior Project Risk Advisor in Chicago to join an industry-leading team. You will advise Owner/Developers in renewable energy on risk transfer across the full project life cycle, from pre-development to decommissioning, serving as a trusted partner with contractors and lenders.

The role requires 15+ years of insurance experience, strong negotiation and project management skills, and CPCU/AIC/CRIS certifications. Salary range $222,000–$250,000 per year with incentive plans.

Qualifications

  • 15+ years of insurance experience.
  • CPCU, AIC, or CRIS certification preferred.

Responsibilities

  • Provide guidance throughout the project life cycle to ensure seamless risk transfer
  • Provide thought leadership and learning sessions re: the difference of operating in the US vs. the rest of the world
  • Evaluate the project risks, throughout the project life cycle, and provide an assessment with respect to the insurability and transfer of the risk
  • Consult with the client on the best value for money risk transfer program
  • Establish insurance cost benchmarking
  • Provide contract risk advisory services, including negotiations with contractors and suppliers
  • Act as the Owner/Developer’s advocate with the Lender’s Insurance Advisors and the Tax Equity Advisors
  • Development of a best-in-class insurance program in conjunction with subject matter experts
  • Collaborate with internal resources or external experts on EML/PML analyses
  • Prepare and lead insurance market presentations
  • Act as the project manager between the various brokerage resources to deliver the best-in-class insurance program
  • Prepare a final insurance report that can be relied upon by the client and its finance parties

Skills

Strong communications
Presentation skills
Transferable skills
Analytical skills
Negotiation skills
Project management
Client focus

Education

CPCU, AIC or CRIS certification preferred

Job description

Posting Description

Are you looking to be a member of an industry-leading team? If you said yes, then apply to join our a Senior Project Risk Advisor team in Chicago!

You will work with Owner/Developers in the renewable energy industry to provide well-rounded risk and insurance project advisory services. Owners/Developers include traditional power and energy clients, true renewable clients, and private equity clients. In this role you will be tasked with taking a total project life cycle perspective - - from pre-development through decommissioning. This requires the senior project risk advisor to be:

  • a subject matter expert on each aspect of the project life cycle;
  • a trusted risk advisor, who can advise on the value for money approach to risk transfer;
  • an advocate for the owner/developer with their contracting partners and the financing parties.
Key Accountabilities:
  • Provide guidance throughout the project life cycle to ensure seamless risk transfer
  • Provide thought leadership and learning sessions re: the difference of operating in the US vs. the rest of the world
  • Evaluate the project risks, throughout the project life cycle, and provide an assessment with respect to the insurability and transfer of the risk
  • Consult with the client on the best value for money risk transfer program
  • Establish insurance cost benchmarking
  • Provide contract risk advisory services, including negotiations with contractors and suppliers
  • Act as the Owner/Developer’s advocate with the Lender’s Insurance Advisors and the Tax Equity Advisors
  • Development of a best-in-class insurance program in conjunction with subject matter experts
  • Collaborate with internal resources or external experts on EML/PML analyses
  • Prepare and lead insurance market presentations
  • Act as the project manager between the various brokerage resources to deliver the best-in-class insurance program
  • Prepare a final insurance report that can be relied upon by the client and its finance parties
Demonstrated Behaviors:
  • Ability to work with various subject matter experts and to communicate the nuances associated with each line of coverage in an understandable manner for non-insurance stakeholders
  • Flexibility to work across a matrix organization
  • Open-mindedness to novel risk transfer procedures
  • Demonstrated ability to collaborate across geographies and disciplines
Skills:
  • Strong communications and presentation skills
  • Ability to utilize transferrable skills to deliver client value
  • Comprehensive analytical skills
  • Deep negotiation skills
  • Demonstrated project management skills
  • Client focused
Experience
  • 15+ years of insurance experience
  • CPCU, AIC, or CRIS preferred
We offer you

A competitive total rewards package, continuing education & training, and tremendous potential with a growing worldwide organization.

Our Colleague Experience:

From helping clients gain access to capital after natural disasters, to creating access to health care and retirement for millions, Aon colleagues empower results for our clients, communities, and each other every day. They make a difference, work with the best, own their potential, and value one another. This is the Aon Colleague Experience, defining what it means to work at Aon and realizing our vision of empowering human and economic possibility. To learn more visitAon Colleague Experience.

Pay Transparency Laws

The salary range for this position is $222,000 - $250,000 annually. This salary range is an estimate and the actual salary will vary based on applicant’s education, experience, skills, and abilities, as well as internal equity and alignment with market data. The salary may also be adjusted based on applicant’s geographic location.

This position is eligible to participate in one of Aon’s annual incentive plans to receive an annual discretionary bonus and production incentives in addition to base salary. The amount of any bonus and production incentives varies and is subject to the terms and conditions of the applicable incentive plan.

How we support our colleagues

Aon offers a comprehensive package of benefits for full-time and regular part-time colleagues, including, but not limited to: a 401(k) savings plan with employer contributions; an employee stock purchase plan; consideration for long-term incentive awards at Aon’s discretion; medical, dental and vision insurance, various types of leaves of absence, paid time off, including 12 paid holidays throughout the calendar year, 15 days of paid vacation per year, paid sick leave as provided under state and local paid sick leave laws, short-term disability and optional long-term disability, health savings account, health care and dependent care reimbursement accounts, employee and dependent life insurance and supplemental life and AD&D insurance; optional personal insurance policies, adoption assistance, tuition assistance, commuter benefits, and an employee assistance program that includes free counseling sessions. Eligibility for benefits is governed by the applicable plan documents and policies.

In addition to our comprehensive benefits package, we encourage an inclusive workforce. Plus, our agile environment allows you to manage your wellbeing and work/life balance, ensuring you can be your best self at Aon. Furthermore, all colleagues enjoy two “Global Wellbeing Days” each year, encouraging you to take time to focus on yourself. We offer a variety of working style solutions for our colleagues as well.

We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, sex, gender, gender expression, sexual orientation, age, marital status, veteran status, or disability status. We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.

For positions in San Francisco and Los Angeles, we will consider for employment qualified applicants with arrest and conviction record in accordance with local Fair Chance ordinances.

Aon is not accepting unsolicited resumes from search firms for this position. If you are a search firm, you will not be compensated in any way for your submission of a candidate, even if Aon hires that candidate.

N o t h i n g in this job description restricts management's right to assign or reassign duties and responsibilities to this job at any time.

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