Job Description

Date:

15 Jul 2025

Location:

Gurugram, India

Company:

Sterlite Power Transmission Limited

Purpose of Role

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Looking for a dynamic individual skilled in managing and optimizing our insurance programs across all stages of renewable energy project lifecycles - from development and construction to operations and maintenance.

Position Title

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Chief Manager - Insurance

Position Summary

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The individual will be responsible for identifying, assessing, and mitigating risks through comprehensive insurance strategies, ensuring adequate coverage, and driving cost-effective solutions. This role requires a strong understanding of both insurance principles, and the specific risks associated with large-scale renewable energy projects.

Position Demands

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MBA in Finance/Insurance from a premier institute.
10-15 years of relevant experience with a large and reputable Renewable or large Corporate, IB, PE Funds, Big 4
Domain experience in Power/Transmission / infrastructure industry. Understanding of the technical aspects of solar, wind, and other renewable energy technologies.
Strong understanding of Indian Insurance Market and insurance products

Key Accountabilities / Responsibilities

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Manage the renewal process for various insurance policies, including Property All Risks (IAR/Mega Risk), Business Interruption, Marine Cargo, Construction All Risks (CAR), Erection All Risks (EAR), Public Liability, Environmental Liability, Professional Indemnity, and Cyber Insurance. Review and negotiate policy wordings, terms, and conditions with brokers and underwriters to ensure optimal coverage and competitive pricing, ensuring compliance with local and international insurance regulations and company policies. Conduct comprehensive risk assessments for new and existing renewable energy projects, identifying potential exposures (e.g., natural catastrophes, equipment failure, technology risks, supply chain disruptions, political risks).

Competencies

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Behavioural - Achievement Orientation
Behavioural - Altrocentric Leadership
Behavioural - Analytical Decision Making
Behavioural - Customer Service Orientation
Behavioural - Impact and Influence
Behavioural - Information Seeking
Behavioural - Initiative
Behavioural - Innovative Thinking
Functional - Financial
Functional - Operational
Functional - People
Functional - Strategic

About Us

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At Sterlite Electric, we are passionate about transforming urban transportation. We believe in a future where cities are greener, quieter, and more efficient. Our mission is to provide high-quality electric scooters and smart logistics solutions that empower individuals and businesses alike.



Founded on principles of innovation, sustainability, and customer satisfaction, Sterlite Electric is your trusted partner in the electric mobility revolution. Join us as we drive towards a cleaner future.