Job Description
Overview
Petroplan has been a trusted, global talent solutions partner for nearly fifty years, specializing in supporting projects and connecting talented professionals in the Energy Industry.
We have partnered with an insurance company that is looking for an Insurance Underwriter specifically for renewable energy tax credits - MUST HAVE LEGAL BACKGROUND!
Job Duties & Responsibilities
The overall responsibility is to assess and mitigate risks associated with tax credit transactions.
- Assessing and underwriting insurance policies related to tax credits (ITCs / PTCs) in clean energy and decarbonization industries, ensuring compliance with regulatory requirements and adherence to company guidelines, industry regulations, and risk management practices
- Interpret financial statements
- Assess credit risks and make sound underwriting decisions
- Providing legal advice on energy transition transactions, with a deep understanding of tax law, tax credit structures, financial analysis, and risk assessment methodologies.
Qualifications
- Law degree required. Licensed to practice law, in Good Standing.
- 10 years of experience which can be a combination of legal tax advisory, insurance underwriting, finance, claims and risk management
- 3 or more years of experience providing legal advice on energy transition transaction
- Strong understanding of Inflation Reduction Act , related IRS tax codes, renewable energy industry, tax equity finance and pricing, underwriting, legal and regulatory compliance, documentation, risk management and corporate accounting
- Proficiency in using underwriting software, financial modeling tools, and business productivity tools such as Microsoft Office Suite, Adobe, docusign
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