NAES Corporation

Executive Director Insurance

NAES Corporation$195K — $225K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree or equivalent work experience in a related field
  • 7+ years in insurance due diligence or related area
  • Strong network of industry contacts and relationships
  • Expertise in reviewing contracts and insurance policies
  • Proficient in MS Office applications, particularly Word and Excel
  • Excellent analytical and communication skills
  • Certification in risk management/insurance is a plus

Responsibilities

  • Develop and implement E3's insurance due diligence practice
  • Hire and mentor team members for successful practice
  • Conduct in-depth reviews of contracts and insurance policies
  • Collaborate with technical teams to ensure adequate coverage
  • Manage client interactions and deliverable schedules
  • Lead business development efforts and support marketing initiatives
  • Deliver comprehensive risk assessment reports

Benefits

  • Flexible hybrid work schedule including remote options
  • Opportunity for professional development and training
  • Mentorship roles within the team
  • Involvement with high-value capital-intensive projects
  • Part of a respected organization with safety as a core value
Full Job Description
Summary

The Executive Director of Insurance is responsible for developing and leading due diligance at E3 and vertically integrating services for our clients. Evaluate insurance-related aspects of capital-intensive projects, and ensure comprehensive risk assessment, compliance, and alignment with technical, financial, and legal standards. Business development, leadership and industry reputation will be pivotal in shaping E3's strategy in the insurance due diligence space, leveraging expertise as well as network and industry relationships to grow E3's business footprint in the insurance space.

Primary Duties

Strategy Implementation:

  • Work collaboratively with E3's VP, Operations to develop E3's insurance due diligence practice, including best practices and tools
  • Hire and lead the team members required to provide a fully functional and successful practice


Insurance Due Diligence:

  • Conduct detailed reviews of contracts, insurance policies, endorsements, and certificates to assess coverage adequacy for project risks, compliance with lender/owner requirements, and alignment with technical and operational needs
  • Evaluate claims histories, risk profiles, and coverage gaps for high-value energy, infrastructure, and industrial projects


Technical Expertise:

  • Collaborate with technical and engineering teams to ensure insurance policies adequately cover specialized equipment, machinery, and operational risks
  • Assess project-specific risks such as environmental impact, construction defects, operational hazards, and force majeure events


Project Management and Insurance Lead

  • Manage client interactions and deliverable schedules
  • Lead insurance business development efforts
  • Support E3's insurance team through continuous improvement and training opportunities
  • Ensure quality, consistency, and schedule deadlines of E3 deliverables
  • Mentor other team members


Collaboration with Stakeholders:

  • Work closely with project developers, owners, capital providers, and legal teams to align insurance coverage with overall project and financing requirements
  • Provide recommendations and solutions to mitigate identified risks
  • Work collaboratively with internal team to support team leads or receive information as may required to support overall project objectives


Documentation and Reporting:

  • Deliver comprehensive insurance due diligence reports, clearly outlining risks, coverage adequacy, and compliance gaps
  • Maintain detailed records of assessments, communications, and recommendation


Market and Competitive Analysis:

  • Stay informed about industry standards, competitor offerings (e.g., Moore McNeil, Stance Risk), and emerging risks in energy and infrastructure sectors
  • Advise clients on the latest insurance products, trends, and strategies


Business Development:

  • Lead efforts to drive new business by attending conferences, contacting and/or visiting clients and developing proposals for projects
  • Support marketing initiatives through active participation in collateral and sales support documentation


Working Relationships

The Executive Director reports directly to the VP, Operations. This position is expected to include direct reports. Serve as a business line lead and support others on the team as needed.

Compensation

The initial compensation will range from $195,700 - $225,000.

Education and Experience

  • Education: Bachelor's degree from an accredited college or university recognized by the United States Department of Education or equivalent. Relevant work experience may be substituted for education on a year-for-year basis.
  • Years of Experience: Seven years of experience working in the insurance due diligence or related field.


Specific Skills and Knowledge

  • Strong network of contacts from key project participants
  • Expert proficiency in insurance due diligence
  • Strong understanding of energy and industrial equipment, construction processes, and operational risks
  • Strong understanding of industry standards and regulatory requirements
  • Strong understanding of current market terms for insurance
  • Excellent attention to detail in reviewing financial model inputs
  • Exceptional report writing and communication skills
  • Exceptional analytical skills
  • Strong experience with MS Office, including strong working expertise with Word, Excel, Teams and other MS Suite applications
  • The ability to work independently or as part of a team with expert organizational skills
  • Willingness to travel for work as may be required
  • Certification in risk management or insurance (e.g., ARM, CPCU) is a plus


Physical Requirements and Working Conditions

Because the position requires primarily in office work, the physical requirements include the ability to sit for long periods of time, ability to communicate verbally and in writing, and ability to handle long periods of screen time. In addition, travel may be required to meet client or project requirements. Work is performed on industrial sites when traveling, requiring protective clothing and equipment.

This is a full-time position that requires 40 working hours a week. We offer a flexible hybrid work schedule, including working remotely and/or in the office (if located in Denver metro area).

Extended hours will likely be required from time-to-time during business travel or to accommodate clients' project schedules.

NAES Safe

E3 is a NAES company. Safety is a core value of NAES and as a condition of employment, all employees are expected to be mentally alert and work safely at all times. Additionally, employees are required to adhere to all safety warnings and posted safety signs whenever on company property. Furthermore, employees must follow all NAES safety rules and procedures. Effectiveness in carrying out this responsibility is part of the evaluation of each employee's performance.

About NAES Corporation

NAES Corporation is a leading provider of operations and maintenance services to the energy industry. They provide services to a wide range of clients, including independent power producers, utilities, and industrial clients. NAES Corporation has over 1,000 employees and operates in the United States, Canada, and Mexico. The company was founded in 1980 and is headquartered in Issaquah, Washington.
Learn more about NAES Corporation
Size
1,000 employees
Industry
Net Income
$1 million
Founded
1980
5 Year Trend
-10%
Revenue
$100 million

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