Manager, Hedging & Insurance
Houston, TX
Finance, Accounting & Revenue Management – Financial Operations /
Full-time /
On-site
Brief Description of Sunnova
Sunnova (NYSE: NOVA) is an industry-leading adaptive energy services company focused on making clean energy more accessible, reliable, and affordable for homeowners and businesses.
At Sunnova, we embrace diverse perspectives, vibrant creativity and forward-thinkers who share our zeal for a sustainable future. A career with us means pushing beyond traditional limits, exploring new horizons, collaborating with like-minded peers, and transforming the energy industry for the better.
If you're excited about being a part of the fastest-growing segment of the energy industry, we encourage you to apply!
Sunnova Energy is seeking a Manager of Hedging & Insurance to lead the development and implementation of our organization's hedging strategy, as well as the management and optimization of insurance policies. This role will also be responsible for managing insurance claims and ensuring compliance with insurance requirements. Reporting to the Chief Risk Officer, the Manager will play a key role in mitigating financial risks and protecting the company's assets and interests.
Responsibilities
- Hedging Strategy Development and Implementation:
- Develop and implement a comprehensive hedging strategy to manage financial risks associated with energy market volatility, currency fluctuations, interest rate changes, and other relevant factors.
- Monitor market conditions, assess risk exposures, and execute hedging transactions to minimize adverse impacts on financial performance.
- Insurance Policy Management:
- Evaluate, select, and manage insurance policies to adequately cover the organization's assets, liabilities, and operations, including property insurance, casualty insurance, liability insurance, and other relevant policies.
- Negotiate terms, conditions, and pricing with insurance providers to optimize coverage and cost-effectiveness.
- Insurance Claims Management:
- Manage the end-to-end process of insurance claims, including filing claims, coordinating with insurance adjusters, providing necessary documentation, and negotiating settlements.
- Ensure timely and accurate resolution of insurance claims, minimizing financial losses and disruptions to business operations.
Minimum Requirements
- Bachelor's degree in finance, economics, risk management, or related field.
- 5+ years of experience in financial risk management, hedging, insurance, or related roles.
- Strong understanding of financial markets, hedging instruments, insurance products, and risk management principles.
- Demonstrated experience in developing and implementing hedging strategies and managing insurance portfolios.
- Excellent analytical skills, with the ability to assess risk exposures, evaluate insurance coverage, and analyze insurance claims.
Preferred Qualifications:
- Master's degree in finance, risk management, or related field.
- Professional certifications such as FRM, PRM, or ARM.
- Previous experience in the energy industry or related sectors.
- Advanced proficiency in financial modeling and analysis tools.
- Strong negotiation and communication skills, with the ability to collaborate effectively with internal and external stakeholders.
All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, or national origin.
We appreciate the capabilities of artificial intelligence (AI), and we are looking to hire real people. If you use AI for any part of the job application process, we highly encourage that you review any AI generated content to ensure your personality and unique capabilities are highlighted. We reserve the right to disqualify candidates that we reasonably believe solely relied on AI generated content in the application process.
If you are selected for a position, your employment will be contingent upon submission to and successful completion of a post-offer/pre-placement drug test (and medical examination if required by the role) as well as pre-placement verification of the information and qualifications provided during the selection process.
