Director, Risk and Insurance

Business - Energy

Brookfield Energy operates one of the world’s largest publicly traded platforms for sustainable energy. Our energy portfolio consists of hydroelectric, wind, utility-scale solar, distributed generation and storage facilities in North America, South America, Europe and Asia. Our operating capacity totals over 35,000 megawatts and our development pipeline stands at approximately 200,000 megawatts. Our portfolio of sustainable solutions assets includes our investments in Westinghouse (a leading global nuclear services business) and a utility and independent power producer with operations in the Caribbean and Latin America, as well as both operating assets and a development pipeline of carbon capture and storage capacity, agricultural renewable natural gas and materials recycling.

Location

Brookfield Place - 181 Bay Street

Brookfield Energy operates one of the world’s largest publicly traded platforms for sustainable energy. Our energy portfolio consists of hydroelectric, wind, utility-scale solar, distributed generation and storage facilities in North America, South America, Europe and Asia. Our operating capacity totals over 35,000 megawatts and our development pipeline stands at approximately 200,000 megawatts. Our portfolio of sustainable solutions assets includes our investments in Westinghouse (a leading global nuclear services business) and a utility and independent power producer with operations in the Caribbean and Latin America, as well as both operating assets and a development pipeline of carbon capture and storage capacity, agricultural renewable natural gas and materials recycling. Brookfield Energy is the flagship listed energy company of Brookfield Asset Management, a leading global alternative asset manager with over $1 trillion of assets under management. To learn more about the Brookfield Energy group, visit

Brookfield Culture

Brookfield has a unique and dynamic culture. We seek team members who have a long-term focus and whose values align with our Attributes of a Brookfield Leader: Entrepreneurial, Collaborative and Disciplined. Brookfield is committed to the development of our people through challenging work assignments and exposure to diverse businesses.

Job Description

Brookfield Energy is entering a period of continued growth, with significant capital expected to be deployed across development, acquisitions and strategic partnerships. As the business expands across technologies, markets and geographies, the scale and complexity of its commercial, transactional and insurable risks will continue to increase. Reporting to the Senior Vice President, Portfolio Management and Risk, the Director, Risk (Insurance) will serve as a senior member of the global insurance function and a key partner to the function leader. This role will lead global insurance programs across all commercial lines, provide commercially focused risk advice to senior stakeholders and lead insurance diligence in support of acquisitions, development activity, financings and other strategic capital deployment.

Job Description:

Brookfield Energy is entering a period of continued growth, with significant capital expected to be deployed across development, acquisitions and strategic partnerships. As the business expands across technologies, markets and geographies, the scale and complexity of its commercial, transactional and insurable risks will continue to increase. Reporting to the Senior Vice President, Portfolio Management and Risk, the Director, Risk (Insurance) will serve as a senior member of the global insurance function and a key partner to the function leader. This role will lead global insurance programs across all commercial lines, provide commercially focused risk advice to senior stakeholders and lead insurance diligence in support of acquisitions, development activity, financings and other strategic capital deployment.

Responsibilities:

• Lead the placement, renewal and ongoing management of global insurance programs across all commercial lines.
• Partner with brokers, insurers and internal stakeholders on renewal strategy, market submissions and program execution.
• Lead insurance due diligence for acquisitions, financings and other strategic transactions.
• Review portfolio insurance programs and advise on coverage, risk transfer and contractual requirements.
• Provide commercial insurance and risk advice to business units, senior stakeholders, lenders and partners.
• Monitor portfolio exposures, claims trends and insurance market developments, and provide relevant reporting and analysis.
• Support significant claims, premium allocations and key insurance-related projects across the global portfolio.
• Occasional travel is required.

Requirements & Qualifications:

• Bachelor’s degree or relevant post-secondary education in insurance or risk management
• 8 to 10 years of relevant experience in corporate risk management, insurance brokerage or underwriting.
• Power, utilities or infrastructure experience is an asset; professional designations such as CIP, FCIP or CRM are preferred.
• Strong commercial judgment, analytical capability and attention to detail.
• Excellent communication and presentation skills, including experience with senior management.
• Strong proficiency in Microsoft Excel, PowerPoint, and Word, with demonstrated knowledge of and interest in artificial intelligence (AI) and emerging technologies.
• Occasional travel is required.

Position Opening Reason:

New Position

Brookfield is committed to maintaining a Positive Work Environment that is safe and respectful; our shared success depends on it. Accordingly, we do not tolerate workplace discrimination, violence or harassment.

Brookfield is committed to creating an accessible and inclusive organization. We are committed to providing barrier-free and accessible employment practices in compliance with the Accessibility for Ontarians with Disabilities Act. Should you require a Human Rights Code-protected accommodation through any stage of the recruitment process, please make them known when contacted and we will work with you to meet your needs.