Senior Consultant - Commercial P&C Insurance

alliant_commercial_realty_services

Senior Consultant - Commercial P&C Insurance

San Jose, CA
Paid
  • Responsibilities

    With a history dating back to 1925, Alliant Insurance Services is one of the nation’s leading distributors of diversified insurance products and services. Operating through a national network of offices, Alliant provides property and casualty, workers’ compensation, employee benefits, surety, and financial products and services to more than 26,000 clients nationwide. Alliant Insurance Services ranks among the 15 largest insurance brokerage firms in the United States. SUMMARY Responsible for originating, managing and executing the reports and closing documentation associated with insurance due diligence for non-recourse financing and other domestic and international financial transactions. Liaison and relationship development/management with C Suite/Treasury, Legal Counsel and other financial advisors. ESSENTIAL DUTIES AND RESPONSIBILITIES • Prepares engagement letters and provides clients a detailed documentation check-list required to perform the scope of work; • Reviews project/transaction information, term sheet, information memorandum, engineering and environmental reports as the documents become available; • Reviews the key project contracts provided by the project company, sponsors, agent or client with respect to insurance requirements imposed on the project; • Compares contractual insurance requirements against standard industry practice and current market availability; advises if there are any unusual or adverse requirements that could affect the project’s ability to achieve or maintain compliance with their insurance obligations; • Reviews existing or proposed project insurance policies, certificates and cover notes of insurance; • Recommends the minimum insurance program that will be required to support insurable interests and provides input and/or assistance into drafting the insurance requirements for financial documentation; • Presents all findings in final reports for closing of the Financing (the “Closing”); • Reviews insurance documentation for closing and recommends changes or additional information including appropriate certificate of insurance language; • Issues customary closing certification of the projects’ compliance with insurance requirements as defined in the definitive credit agreement for the Financing (the “Credit Agreement”); • Originates weekly calls to update transaction list, allocate work, etc; • Collection of fees, reconciliation and resolution of any oustanding balances within 90 days of invoicing date; • Complies with agency management system data standards and data integrity (enters and maintains complete and accurate information); • Other duties as assigned. QUALIFICATIONS EDUCATION / EXPERIENCE Bachelor’s degree or equivalent combination of education and experience
    15+ years related work experience Multi-industry property and casualty experience with project construction and operations for large companies with focus on power, energy infrastructure and construction;International and domestic project finance experience including tax equity, acquisitions, and construction financing SKILLS Excellent verbal and written communication skills Excellent problem solving and time management skillsAbility to lead a team and to foster teamwork Excellent planning, organizational and prioritization skills Ability to provide strategic advice and critical issue analysis to clients Strategic knowledge solutions in areas such as predictive analytics, risk/return of insurance programs M&A, spin-off, divesture and bankruptcy experience Contract review and development experience on material project contracts associated with projects, project construction and operations Transfer of risk and contract interpretation experience (insurance or operational risk mitigation) Good understanding of international insurance programs including lenders endorsements, reinsurance, cut through and other related clauses for perfecting lenders interests in insurance associated with transactions Proficient in Microsoft Office Suite We are proud to provide comprehensive, high quality employee programs to meet employees’ needs now and in the future, including a very competitive financial package. We encourage you to explore what we have to offer. For immediate consideration for this position, please click on the “SUBMIT RESUME” button. Alliant Insurance Services, Inc. is an equal opportunity employer. All qualified applicants will receive consideration for employment and will not be discriminated against on the basis of race, color, age, religion, gender, sexual orientation, gender identity, national origin, disability, protected veteran status or any other protected status. If you are applying for a job and need a reasonable accommodation for any part of the employment process, please call our Career Center at 1-877-901-9473 and let us know the nature of your request and contact information.