8.0 - 12.0 years

12 - 14 Lacs

chennai

Work from Office

Currently we are looking for the position Insurance and Risk Head Roles and responsibilities: Insurance Management Structure and administer comprehensive insurance programs tailored to the wind turbine lifecycle: Marine & Transit Insurance for component movement (blades, nacelles, towers) Erection All Risk (EAR) Insurance for installation phases Property & Operational Risk Insurance for manufacturing and O&M sites Liability and Asset Coverage for statutory and contractual exposures Coordinate with insurance brokers and underwriters for policy placement, renewals, endorsements, and claims handling. Define insurance requirements during bid submissions and contract execution phases. Enforce insurance compliance across all counterpartiesvendors, EPCs, logistics providers, and OEMs. Warranty & Guarantee Oversight Draft and review warranty clauses for major components (generator, gearbox, blades, tower) during procurement and sales contracts. Validate technical obligations and performance guarantees with engineering and legal teams. Administer lifecycle management of PGs, BGs, APGsincluding issuance, collection, renewals, and releases. Enforce back-to-back warranty alignment from suppliers and OEMs, mitigating downstream risk. Maintain centralized registers for warranty and guarantees with real-time expiry and renewal tracking. Risk Assessment & Claims Management Conduct quantitative and qualitative risk assessments across transit, construction, and operational stages of wind and solar projects. Manage complete insurance claim lifecyclefrom incident notification, evidence collation, and negotiation to final settlement. Lead root-cause analysis for component failures and coordinate with OEMs for technical inputs in claims or settlement discussions. Identify and monitor risk exposure across project locations and supply chain nodes, integrating findings into mitigation strategies. Stakeholder & Vendor Coordination Partner with commercial and procurement teams during contract structuring to embed robust risk, insurance, and warranty terms. Engage with project execution teams to define and implement site-specific risk protocols. Liaise with OEMs, EPC contractors, insurers, and logistics vendors to ensure seamless accountability and contractual risk transfer. Drive risk culture across functions by embedding risk awareness into operational decisions and project planning. Qualifications: CA / CMA / MBA (Finance) / M.Com Mandatory Actuarial Science Qualification Good to have Preferred: Experience in wind turbine or solar energy industry (trading, manufacturing, EPC, or operations) Required experience: 8-12 Years Technical skills: Advanced knowledge of project insurance instruments (marine, EAR, liability) Proficiency in financial guarantees and risk allocation frameworks Risk modelling, exposure analysis, and incident trend mapping Claims management and settlement negotiation Understanding of contract structuring in EPC/OEM/vendor contexts Familiarity with ERP systems and insurance workflows Soft skills: Strategic financial acumen aligned with capex-heavy, long-gestation projects Strong negotiation skills with banks, NBFCs, and financial institutions Proactive stakeholder management across project, legal, and procurement functions High accountability, ethical judgment, and confidentiality in financial matters Ability to operate under uncertainty and tight liquidity scenarios Leadership in driving treasury transformation and process standardization across SPVs and group entities Location: Chennai Company Name : Venwind Refex Power Ltd( https://venwindrefex.com), Refex group. Interested candidates can share their profiles to manezhil.p@refex.co.in Also you can share the profiles of friends/colleagues who are looking for this position.

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