We Are Hiring!

Insurance Program Manager


Posting Date:  December 2020
Schedule:         Full Time
Location:          San Francisco Bay Area, CA

Position Summary

New Energy Risk (NER) has reached an inflection point across several high-growth sectors with enormous potential. Inbound deal flow has accelerated and we now have the increasing need to: identify and develop innovative profitable insurance programs, secure additional carrier support and reinsurance capacity, and develop distribution plans for these new programs. To aid this expansion, we are seeking a self-starting individual who can work both independently and collaboratively with our colleagues and our world-class insurance partners. The insurance program manager, reporting to the CEO, would develop a growing suite of innovative insurance programs that take advantage of NER’s leading market position and reputation, providing a meaningful source of recurring revenue for the company.

NER is a unique company at the intersection of technical diligence and structured project financing. An ideal applicant for the insurance program manager will have skills relating to these disciplines:

  1. Complex insurance structures for energy or infrastructure assets and operations. NER’s clients have processes, equipment, and assets that are considered innovative or novel; standard insurance products are an imperfect fit. A successful candidate will work effectively with both existing and new clients and their investors and brokers to identify new insurance products (including innovations on existing standard products), creating more customized and high-value insurance solutions.
  2. Financing structure literacy. A successful candidate will understand the financing structures used by our clients and their customers to acquire and operate their assets, given that our insurance solutions support cash flow and asset value.
  3. Relationship management and process management. Active relationship management with key producers, clients, and partners is critical to maintain NER’s reputation for responsiveness and problem-solving. We place great importance on having a deep understanding of, and empathy for, our clients who themselves are often entrepreneurs addressing multiple challenges in their businesses. A successful candidate with have experience in relationship management and—because high-quality process management is also a hallmark of NER’s business and reputation—can develop a program for relationship management for all stakeholders in the process.

Other day-to-day tasks for the insurance program manager include but are not limited to:

  • Serving as the primary point of contact with insurance brokers, reinsurance brokers, and insurance partners for the programs that are both in-force and in development
  • Attending and speaking at conferences and other industry events on behalf of NER
  • Reviewing applications both independently and as a team to evaluate the submission
  • Working with colleagues to develop marketing collateral to support the insurance programs
  • Working with colleagues to monitor and report on the progress of program launches as well as key metrics for active programs and in-force business
  • Collaborating with colleagues to successfully transition pipeline clients to policy execution and insurance policy issuance

With considerations in place for COVID-19 restrictions and CDC guidelines, eventual domestic and occasional international travel to client sites for audits and site visits is required (approximately 20%).


New Energy Risk’s mission is to accelerate the deployment of impactful technologies that address global challenges through bespoke performance insurance solutions. We work across a range of breakthrough energy and other technologies, helping to insure their technical risk so that our clients can access efficient capital, accelerate their time to market, and achieve commercial scale – this is The Power of Certainty®. Over the past five years, NER’s small team has supported over $2 billion in unlocked capital across a range of projects, including fuel cells for Bloom Energy, RES Polyflow’s conversion of plastic waste to fuel, and the advancement of medical isotope technology by SHINE.

We are a leading solution provider in the new and clean technology insurance industry, developing innovative financing and insurance structures using capacity and resources from our affiliate, AXA XL (S&P Financial Strength Rating of AA- as of November 2020) and the support of renowned global reinsurers. With industry-leading expertise in the quantification and modeling of technology performance risk, NER is a small, tight-knit, and high-performing group of experienced individuals with backgrounds across risk analytics, engineering, actuarial science, underwriting, clean energy finance, and operations.



  • Bachelor’s degree
  • Five or more years’ experience in insurance, reinsurance, or risk management
  • Proficiency in risk analysis, insurance pricing approaches and techniques
  • Experience in program development and program management
  • Familiarity with macrotrends in renewable energy, both commercially and technologically
  • Demonstrated excellent verbal and written communication skills
  • Ability to multitask and manage multiple projects/clients at once
  • Ability to learn the ins and outs of new technologies
  • Highly organized and excellent attention to detail
  • Proficiency in MS PowerPoint, Word, Excel
  • A team player with a desire to work with close-knit and high-performing colleagues


  • P&L or Business Unit responsibility and track record
  • Demonstrated background in capital allocation and pricing techniques
  • Direct involvement with the renewable energy industry (e.g. complex energy and infrastructure projects and assets; exposure to the customer application and use cases of new energy technologies and their financial profiles)
  • Familiarity with Salesforce or similar CRM systems

Compensation and Benefits

  • Salary commensurate with experience
  • Annual bonus incentive
  • Stock options
  • Unlimited vacation
  • Group health insurance options (including dental, vision, life)
  • 401(k)