Tax & Transactional Insurance Practice Leader
Energetic Capital
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See open jobs at Energetic Capital.See open jobs similar to "Tax & Transactional Insurance Practice Leader" Powerhouse.Boston Metropolitan Area, USA
Posted 6+ months ago
About The Role:This role is the de facto leader of Energetic's transactional risk practice focused on energy transition. This is an opportunity to launch a new business in a rapidly growing market segment from the ground up. You will own the business plan for this practice, lead development and drafting of underwriting guidelines, and define go-to-market and distribution strategy. This is a chance to join a rapidly growing and trusted team addressing key bottleneck risks to facilitate the clean energy transition.About Energetic Insurance:Energetic Insurance develops novel risk management solutions to unlock exponential growth in renewable and distributed energy. Our flagship product enables financing of commercial renewable energy projects. We are a fast-paced venture-backed startup that previously closed a Series A fundraising round with participation from strategic venture capital investors from the finance, energy, and insurance sectors. We are backed by SCOR, one of the largest insurance companies in the world, as well as Schneider Electric Ventures and MS&AD Ventures.Our company is scaling rapidly; we’ve unlocked $500M in project value across 1400 sites across the country, are working with multiple financial institutions, and are exploring new products and geographies.
Responsibilities
- Develop and draft underwriting guidelines
- Plan launch and ramp of the new tax insurance MGA product
- Manage information collection and conduct diligence and underwriting of new tax insurance submissions
- Work with external counsel to review renewable energy projects for relevant tax risks, and issue opinion letters evaluating the risk of tax loss
- Collaborate with other team members and external stakeholders to develop new insurance products to meet evolving needs of the market
- Identify adjacent market segment for possible entry (Reps & Warranties, contingent liability, etc.)
- Educate external and internal stakeholders on the tax implications of the Inflation Reduction Act.
- Experienced qualified tax professional with expertise in renewable energy tax credits
- Proven track record of providing creative solutions to potential tax exposures
- Strong technical knowledge of project finance, the Investment Tax Credit, the Production Tax Credit, and the Carbon Sequestration Credit
- Prior experience with tax challenges from the Internal Revenue Service a plus.
- Prior experience underwriting or broking tax insurance or adjacent products (reps & warranties, contingent liability) a plus
- Proactive willingness to identify opportunities for improvement across systems, processes, and channels
- Interest in building a new product and joining a growing team at a start-up dedicated to improving opportunities for access to sustainable and environmentally friendly solutions
- Ability to work independently and resolve minor issues without direct input from a supervisor
This job is no longer accepting applications
See open jobs at Energetic Capital.See open jobs similar to "Tax & Transactional Insurance Practice Leader" Powerhouse.