Insurance Manager

Organization icon

Lightsource bp

Location icon

London, United Kingdom

Apply now
Clock icon

24 days ago

Lightsource bp is a global leader in the development and management of solar energy projects. We are a 50:50 joint venture with bp with a mission to help drive the world’s transition to low carbon energy. With solar set to increase tenfold in the next 20 years, we are well-positioned to capitalize on this growth. By joining the Lightsource bp team, you will ‘be the change’ on the world’s energy transition to a more sustainable future. We pride ourselves on our entrepreneurial spirit as we continue to push the boundaries of an ever-changing energy landscape. By choosing a career with us, you can expect a challenging and fulfilling role surrounded by people who are passionate and have brilliant ideas about sustainable technology, innovation and making the world a better place. The role will encompass all Account Handler/Executive type duties, which includes, but will not be limited to; management of Construction and Operational insurances for a number of Solar PV projects along with the company’s corporate insurances which comprises of fleet, commercial, PL and EL etc., general account administration, market negotiation at renewal alongside Brokers.


  • Overall management of insurances at Project and Corporate Levels in the UK, Europe and ROW (outside The Americas).
  • Management of insurance claims at project (property damage, business interruption) and corporate levels (Employers & Public Liability, Professional Indemnity, D&O Liability, Office, Stock, Fleet etc.)
  • Ensure insurance coverage is in compliance with requirements from Lenders financing our operations; be the point of contact with Lenders on all insurance matters.
  • Review third party contracts for all insurance related provisions and coordinate with Legal and the Business Development team.
  • Management of renewal process at project and corporate levels ensuring retention is maintained at a high level and in line with plan
  • Mid-term adjustments to project insurances and corporate insurances
  • Maintain insurance documentation: annual policy documents, endorsements, invoices, covering letters and dealing with audits of the Insurance Program.
  • Assisting the Senior Insurance Manager in advising Structured Finance department in setting up insurance programs for both Construction and Operations
  • Ensure that internal systems are updated correctly with policy information, claim information etc.
  • Respond to day to day general insurance queries from the business in relation to contract conditions, bids, tenders and other insurance policies.
  • Engaging with the internal stakeholders to provide coherent, accurate insurance advice.
  • Collating information from the business as part of the annual renewal process for global, UK and other local insurance policies.
  • Work closely with Brokers, Insurers and Stakeholders to maintain relationships and negotiate rates and coverage.
  • Liaising closely with the Senior Insurance and Risk Manager to design future insurance programme and ensure that insurance matters relating to expansion related activities are addressed.


  • Experience managing large Corporate and Operational insurance claims.
  • Solid understanding and proficiency in reviewing insurance provisions in Legal Contracts and agreements.
  • Commercial and Financial awareness.
  • Excellent problem solving and analytical skills with the ability to think outside the box
  • Excellent prioritisation skills in order to meet deadlines
  • Good working knowledge of MS Office
  • Strong written and verbal communication skills
  • Able to promote continuous improvement and respond positively to change
  • Previous experience of working with strict deadlines or within a process driven environment
  • Experience in Renewable Energy Insurance and specifically solar PV is essential. Specifically, in depth
  • Knowledge of the operations and construction insurance market for PV projects.
  • Understanding of the risk management requirements of non-recourse project finance transactions is an additional requirement.