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Preferred Risk Insurance Jobs in New York (NOW HIRING)

Manager, Risk (Insurance)

Manhattan, NY ยท On-site

$120K - $145K/yr

... risk management and insurance programs across its renewable energy operations. This role will be ... Industry relevant certifications (CIP, FCIP, CRM, CPA, CA, CIA or equivalent) preferred, but not ...

Sr Risk & Insurance Analyst

White Plains, NY ยท Hybrid

$91K - $123K/yr

File for recovery under AAWW's aviation insurance. * Assist Director, Risk Management in all ... Airline industry experience preferred #GH19 #LI-Hybrid #LI-20 The Company is an Equal Opportunity ...

Sr Risk & Insurance Analyst

White Plains, NY ยท On-site

$91K - $123K/yr

File for recovery under AAWW's aviation insurance. * Assist Director, Risk Management in all ... Airline industry experience preferred #GH19 #LI-Hybrid #LI-20 The Company is an Equal Opportunity ...

As a member of the US Risk Underwriting team you will be expected to perform the following ... insurance focus. Four-year College degree in Finance and MBA is preferred. * Minimum 5 years in a ...

As a member of the US Risk Underwriting team you will be expected to perform the following ... insurance focus. Four-year College degree in Finance and MBA is preferred. * Minimum 5 years in a ...

Underwriter Trainee

Manhattan, NY ยท On-site

$54.60K - $95.50K/yr

... preferred: Risk Management, Finance, Economics, Business Administration, Math, and Sciences. * Obtain a passing score on the AINS 103: Exploring Commercial Insurance exam by week 3 of the training ...

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Preferred Risk Insurance information

What are the key skills and qualifications needed to thrive as a Preferred Risk Insurance Underwriter, and why are they important?

To thrive as a Preferred Risk Insurance Underwriter, you need a solid understanding of risk assessment, insurance policies, and underwriting principles, typically supported by a bachelor's degree in finance, business, or a related field. Familiarity with underwriting software, industry databases, and insurance regulations is crucial, and professional certifications like CPCU or AU are often preferred. Strong analytical thinking, attention to detail, and effective communication are vital soft skills for evaluating applications and collaborating with agents or clients. These skills ensure accurate risk evaluation, profitable decision-making, and regulatory compliance within the insurance industry.

What are some common challenges faced by professionals working in Preferred Risk Insurance, and how can they effectively address them?

Professionals in Preferred Risk Insurance often face the challenge of accurately assessing and underwriting applicants who fall within favorable risk categories, while ensuring compliance with regulatory standards. Balancing competitive pricing with profitability is another key challenge, as is staying updated on evolving risk factors and industry trends. To address these issues, it's important to maintain strong analytical skills, foster clear communication with underwriting and sales teams, and regularly participate in training sessions or industry seminars. Collaboration with actuaries and claims specialists is also essential to ensure consistent risk evaluation and policy management.

What is Preferred Risk Insurance?

Preferred Risk Insurance refers to insurance policies offered to individuals or businesses that are considered low risk by insurance companies. These policyholders typically have a favorable claims history, good credit, and other positive risk factors, which can result in lower premiums and better coverage options. Preferred risk categories exist in various types of insurance, including auto, home, and life insurance, and are used by insurers to reward responsible customers. Being classified as a preferred risk can help you save money and access more comprehensive insurance products.

What is the difference between Preferred Risk Insurance vs Commercial Insurance Agent?

AspectPreferred Risk InsuranceCommercial Insurance Agent
CredentialsLicenses required, often with specific state certificationsSame licenses, may require additional certifications for commercial policies
Work EnvironmentPrimarily office-based, handling personal insurance policiesOffice and client meetings, handling business and commercial policies
Industry UsageUsed by insurance companies to classify low-risk clientsUsed by agents to sell various insurance products, including commercial policies

Preferred Risk Insurance typically refers to clients or policies with lower risk profiles, often handled by agents specializing in personal insurance. Commercial Insurance Agents focus on selling policies for businesses, which usually involve higher risks. While both roles require licensing and industry knowledge, Preferred Risk Insurance emphasizes low-risk personal policies, whereas Commercial Insurance Agents deal with business-related coverage.

What cities in New York are hiring for Preferred Risk Insurance jobs? Cities in New York with the most Preferred Risk Insurance job openings:
Infographic showing various Preferred Risk Insurance job openings in New York as of May 2026, with employment types broken down into 1% Locum Tenens, 1% As Needed, 77% Full Time, 18% Part Time, and 3% Contract. Highlights an 94% Physical, 2% Hybrid, and 4% Remote job distribution.
Manager, Risk (Insurance)

Manager, Risk (Insurance)

TerraForm Power

Manhattan, NY โ€ข On-site

$120K - $145K/yr

Full-time

Posted 10 days ago


Job description

Manager, Risk
Job Type: Exempt Salaried, Full-Time
Location: New York, NY (office onsite)
Reports To: Director, Finance
Department: Finance
About Us
TerraForm Power ("TERP"), a platform company of Brookfield Renewable, attracts high-performing individuals who are driven to make an impact in a fast-paced and collaborative environment. We offer unparalleled opportunity to lead and manage one of the largest renewable energy businesses with decades of history, while contributing to the global need for sustainable energy.
We offer tremendous growth opportunity for individuals with an entrepreneurial mindset. The company is committed to employee development, encouraging curiosity, ownership, and continuous learning. You'll be empowered to take initiative, contribute ideas, and grow your career within a supportive and ambitious organization.
Job Summary
TerraForm Power is seeking a highly motivated and detail-oriented Risk Manager to support the organization's risk management and insurance programs across its renewable energy operations. This role will be responsible for identifying, assessing, and managing risks and insurance exposures related to the company's assets, projects, and corporate activities.
The ideal candidate will bring a strong understanding of property and casualty insurance coverages, bonding structures, and insurance markets, along with the ability to translate risk management concepts into practical, business-focused solutions. This individual will partner cross-functionally with teams including Operations, Legal, Finance, and Development to ensure appropriate risk mitigation strategies are in place.
Success in this role requires a resourceful and proactive mindset, strong analytical capabilities, and the ability to operate effectively in a fast-paced, evolving environment. The candidate should demonstrate flexibility, reliability, and a positive, solutions-oriented approach, while contributing to the continued growth and resilience of TerraForm Power's renewable energy portfolio.
Key Responsibilities
  • Collaborate with a wide range of internal and external stakeholders, including Operations, Legal, Development, Finance, insurance brokers, adjusters, and other third parties.
  • Review and provide feedback on insurance provisions of third-party contracts including financing agreements.
  • Manage insurance report preparation for financing and other strategic activities with third party consultants, including managing to overall deal timeline and lender/investor diligence coordination.
  • Review and coordinate on financing-related annual insurance reporting.
  • Insurance claims management and advocating for the business on complex matters.
  • Support policy renewals, endorsements, and mid-term changes in coordination with the Corporate Insurance team and insurance brokers.
  • Maintain asset-level exposure data and support data quality for underwriting submissions.
  • Maintain schedules, statement of values, and insurance applications.
  • Assist with surety bond placement, issuance, and distribution.
  • Manage, review and distribute COIs to customers.
  • Manage the on/offboarding of new projects onto our insurance policy.
  • Organize and maintain accurate insurance records.
  • Conduct audit of existing insurance programs for assets.
  • Review and respond to requests including analysis of data, policies, processes, and regulatory requirements.
  • Review and update internal controls documentation as needed (risk-control matrices, narratives, flowcharts, and testing plans).

Skills & Qualifications
  • Bachelor's degree with a minimum of four to five years' related experience (risk management, compliance, insurance carrier, broker).
  • Industry relevant certifications (CIP, FCIP, CRM, CPA, CA, CIA or equivalent) preferred, but not required.
  • Experience working with insurance organizations is considered an asset.
  • Strong MS Office skills (Excel, PowerPoint). PowerBI experience is an asset.
  • Demonstrated and proven project management or coordination skills.
  • Strategic thinker with strong analytical skills and problem-solving ability.
  • Demonstrated and proven ability to work effectively in a team environment and maintain positive interpersonal relationships.
  • Strong influencing skills: ability to present points of view effectively and gain support for their position while balancing technical and business considerations.
  • Experience working with growing organizations with changing needs and multiple complex business transactions.

Compensation: $120,000 - $145,000 USD; bonus eligible
A note to Recruiting Agencies, TerraForm Power Human Resources team does not accept unsolicited resumes from third party recruiters, staffing firms, or related agencies. The Human Resources team coordinates all recruiting and hiring at our company. We do not accept resumes from third-party recruiters unless authorized by the Human Resources team and if a signed agreement is in place. Any unsolicited resumes will be considered property of TerraForm Power and we are not responsible for any related fees. All communication related to recruiting partnerships should ONLY be directed to the Human Resources team.
Equal Opportunity Employer
This employer is required to notify all applicants of their rights pursuant to federal employment laws.
For further information, please review the Know Your Rights notice from the Department of Labor.