Director, Insurance Risk

Director, Insurance Risk

Cypress Creek Energy is powering a sustainable future, one project at a time. We develop, finance, own and operate utility-scale and distributed solar and storage projects across the country. Fostering a diverse group of innovative thinkers from all backgrounds, Cypress people are drawn to work in a purpose-driven organization. We hope you will join us.

Cypress Creek Energy is seeking a skilled Insurance Risk Manager to oversee its insurance and corporate risk management program. This role serves as the internal subject matter expert, responsible for identifying risk exposures, analyzing and classifying risks, and developing solutions that ensure optimal coverage, cost efficiency, and effective claim settlements to support business growth. The preferred candidate will possess substantial experience in commercial risk and insurance, with a strong background in commercial property and casualty insurance, as well as construction insurance in the energy industry. The Insurance Risk Manager will report directly to the General Counsel.

Responsibilities include:

• Work with internal teams and stakeholders to provide risk management and insurance advice.
• Manage policy renewals for all corporate and project insurance programs including, but not limited to, coordinating renewal applications, attending meetings with insurance carriers, and coordinating with the Company's outside insurance brokers.
• Support on the reporting, processing and negotiation of insurance claims.
• Aid in the development of a risk philosophy balancing the necessary coverage required to meet the company's needs with overall cost effectiveness and risk appetite.
• Maintain and review for accuracy insurance documentation including but not limited to annual binder and policy documents, endorsements, invoices, renewals and insurance program audits.
• Support the development of insurance budgets at the corporate and project levels.
• Manage insurance brokers, insurers and stakeholder relationships to optimize cost and coverage.
• Participate in due diligence on insurance and other risk management areas for M&A activity.
• Collaborate with legal and procurement teams to address insurance provisions in vendor contracts.
• Create insurance provision standards and provide training for employees in other departments of the Company.
• Support the development and asset management teams in ensuring compliance with financing party insurance requirements.
• Support other departments in verifying counterparty compliance with contractual obligations related to insurance.

Education & Experience Required includes:

• BS and/or BA, MBA preferred.
• Risk management designations from relevant industry educational institutions such as CPCU / ARM.
• 7+ years of experience in insurance / risk management roles.
• In depth technical knowledge of insurance requirements in the renewable energy industry.
• Exceptional written, verbal and interpersonal communication skills.
• Ability to prioritize multiple assignments and meet tight deadlines.
• Ability to analyze complex issues and advise internal business partners appropriately.
• Embrace and live by the mission and values of Cypress Creek Energy

The preferred location for this role is New York City, NY, Washington DC or Durham, NC. Our team operates on a hybrid schedule, with in-office schedule of three days per week.

The salary range for the position is $170,000 to $200,000 plus bonus and benefits. Compensation may vary outside of this range depending on a number of factors, including a candidate's qualifications, skills, competencies and experience, and location.

Benefits include:

• 15 days of Paid Time Off, accrual up to 20 days, 11 observed holidays.
• 401(k) Match
• Comprehensive package including medical, dental, vision and health insurance
• Wellness stipend, family planning stipend, and generous parental leave
• Tuition Reimbursement
• Phone Bill Reimbursement
• Company Swag

Cypress Creek Energy is an equal opportunity employer and considers all qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, or veteran status. We are committed to providing a workplace that is inclusive and values diversity, and we encourage candidates from all backgrounds to apply.