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Senior Project Risk Advisor, Power

Job in Chicago, Cook County, Illinois, 60601, USA
Listing for: AON
Full Time, Part Time position
Listed on 2026-08-21
Job specializations:
  • Insurance
    Financial Advisor / Consultant, Risk Manager/Analyst
Salary/Wage Range or Industry Benchmark: 222000 - 250000 USD Yearly USD 222000.00 250000.00 YEAR
Job Description & How to Apply Below

Senior Project Risk Advisor

Are you looking to be a member of an industry-leading team? If you said yes, then apply to join our Senior Project Risk Advisor team in Chicago! You will work with Owner/Developers in the renewable energy industry to provide well-rounded risk and insurance project advisory services. Owners/Developers include traditional power and energy clients, true renewable clients, and private equity clients. In this role you will be tasked with taking a total project life cycle perspective from pre-development through decommissioning.

This requires the senior project risk advisor to be a subject matter expert on each aspect of the project life cycle; a trusted risk advisor, who can advise on the value for money approach to risk transfer; and an advocate for the owner/developer with their contracting partners and the financing parties.

Key Accountabilities:

  • Provide guidance throughout the project life cycle to ensure seamless risk transfer
  • Provide thought leadership and learning sessions re: the difference of operating in the US vs. the rest of the world
  • Evaluate the project risks, throughout the project life cycle, and provide an assessment with respect to the insurability and transfer of the risk
  • Consult with the client on the best value for money risk transfer program
  • Establish insurance cost benchmarking
  • Provide contract risk advisory services, including negotiations with contractors and suppliers
  • Act as the Owner/Developer's advocate with the Lender's Insurance Advisors and the Tax Equity Advisors
  • Development of a best-in-class insurance program in conjunction with subject matter experts
  • Collaborate with internal resources or external experts on EML/PML analyses
  • Prepare and lead insurance market presentations
  • Act as the project manager between the various brokerage resources to deliver the best-in-class insurance program
  • Prepare a final insurance report that can be relied upon by the client and its finance parties

Demonstrated Behaviors:

  • Ability to work with various subject matter experts and to communicate the nuances associated with each line of coverage in an understandable manner for non-insurance stakeholders
  • Flexibility to work across a matrix organization
  • Open-mindedness to novel risk transfer procedures
  • Demonstrated ability to collaborate across geographies and disciplines

Skills:

  • Strong communications and presentation skills
  • Ability to utilize transferrable skills to deliver client value
  • Comprehensive analytical skills
  • Deep negotiation skills
  • Demonstrated project management skills
  • Client focused

Experience:

15+ years of insurance experience CPCU, AIC, or CRIS preferred

We offer you a competitive total rewards package, continuing education & training, and tremendous potential with a growing worldwide organization. Our Colleague

Experience:

From helping clients gain access to capital after natural disasters, to creating access to health care and retirement for millions, Aon colleagues empower results for our clients, communities, and each other every day. They make a difference, work with the best, own their potential, and value one another. This is the Aon Colleague Experience, defining what it means to work at Aon and realizing our vision of empowering human and economic possibility.

Pay Transparency Laws The salary range for this position is $222,000 - $250,000 annually. This salary range is an estimate and the actual salary will vary based on applicant's education, experience, skills, and abilities, as well as internal equity and alignment with market data. The salary may also be adjusted based on applicant's geographic location. This position is eligible to participate in one of Aon's annual incentive plans to receive an annual discretionary bonus and production incentives in addition to base salary.

The amount of any bonus and production incentives varies and is subject to the terms and conditions of the applicable incentive plan.

Aon offers a comprehensive package of benefits for full-time and regular part-time colleagues, including, but not limited to: a 401(k) savings plan with employer contributions; an employee stock purchase plan; consideration for long-term incentive awards at…

Position Requirements
10+ Years work experience
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