Executive Director Insurance

Executive Director of Insurance

Founded in 1999, E3 is a leading technical advisor, providing reviews of complex capital-intensive projects for capital providers, project developers, owners, and regulators. E3 primarily provides independent engineering and advisory services for energy, industrial, and public infrastructure projects. E3 operates as an independent subsidiary of NAES, a large provider of O&M, engineering and environmental services in the power generation sector.

E3 has a culture of teamwork and mutual respect and places high value on work-life balance. We offer a small business feel, while working on interesting and oftentimes cutting-edge projects largely in the energy sector. With the continued energy transition, E3's renewables business continues to be a focal point of our team.

The Executive Director of Insurance is responsible for developing and leading due diligence 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 recommendations.
• 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.

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.

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.

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.

NAES is committed to a diverse and inclusive workplace. It is the practice of NAES to seek employees of the highest quality and to select individuals on the basis of merit and competence, without regard to race, color, religion, national origin, gender, gender identity, sexual orientation, age, disability, military status or affiliation protected under USERRA, or any other basis of discrimination prohibited by applicable local, state and federal law.