About GreenieRE:

GreenieRE is focused on removing bottleneck risks that hinder the scalability and efficiency of clean energy projects, particularly those in low-income and disadvantaged communities (LIDACs). GreenieRE will operate as a Vermont Association Captive upon regulatory approval, offering commercial insurance products through collaborations with Managing General Underwriters (MGUs) and traditional insurers. The organization’s mission is to accelerate the clean energy transition by providing capacity for innovative insurance solutions that enable significant capital mobilization, particularly for projects funded by the Greenhouse Gas Reduction Fund (GGRF).

Our Vision:

GreenieRE aims to be at the forefront of impact insurance, facilitating the financing and deployment of clean energy projects through targeted insurance products that mitigate novel and esoteric risks. By enabling scalable and replicable solutions, GreenieRE supports the widespread adoption of clean energy technologies, benefiting communities across the U.S. and contributing to the global effort to reduce greenhouse gas emissions.

Position Overview:

GreenieRE will be organized with a mission-driven holding company and a subsidiary operating company — the licensed insurance entity — focused on the financial and regulatory aspects of the business. The holding company board is dedicated to guiding the overall mission of GreenieRE, ensuring that its activities align with its goals of accelerating the clean energy transition and benefiting disadvantaged communities. This board will function similarly to a traditional nonprofit board, focusing on strategic oversight and stakeholder engagement. The operating board will be responsible for the day-to-day operational oversight of the insurance entity, with a strong emphasis on financial preservation, regulatory compliance, and risk management.

As a Holding Company Board Director of GreenieRE, you will provide strategic guidance to ensure the organization remains aligned with its mission to drive impactful environmental change. You will oversee the organization’s mission-driven activities, ensuring that the operations of the insurance entity support the broader goals of GreenieRE while maintaining alignment between the two entities.

Key Responsibilities:

• Mission Alignment: Ensure that the operations and strategies of the insurance entity align with GreenieRE’s mission to support clean energy projects, particularly those benefiting disadvantaged communities.
• Strategic Leadership: Guide GreenieRE’s strategic initiatives, ensuring alignment with its mission to mobilize capital for clean energy projects, particularly in disadvantaged communities.
• Governance: Oversee the governance of GreenieRE, ensuring adherence to nonprofit best practices and legal requirements for non-profit organizations.
• Mission Preservation: Monitor progress towards GreenieRE’s impact targets and ensure that the organization continues to pursue its mission effectively.
• Financial Oversight: Provide financial oversight, including reviewing solvency benchmarks, financial reports, and other controls necessary to ensure the organization's sustainability. Additionally, ensure compliance with the specific requirements and conditions set forth by the Coalition for Green Capital (CGC) related to the initial funding and ongoing operations of GreenieRE. 
• Stakeholder Engagement: Engage with key stakeholders, including the Coalition for Green Capital (CGC), lenders, and project developers, to promote GreenieRE’s offerings and maintain alignment with stakeholder expectations.
• Board Composition: Contribute to the board's composition by identifying and recruiting members with relevant experience and expertise, particularly in insurance, clean energy, and financial management.
• Collaboration with Operating Board: Work closely with the insurance entity’s board to ensure alignment between mission-driven goals and operational needs, fostering collaboration between the two entities.

Qualifications:

• Experience: Extensive experience in leadership roles within non-profit, philanthropic, or mission-driven organizations. Experience in the clean energy or environmental sustainability sectors and/or insurance is a plus.
• Impact Focus: Demonstrated experience in impact investing, sustainability, or mission-driven organizations, particularly those focused on the clean energy transition or environmental sustainability.
• Governance Expertise: Strong understanding of nonprofit governance, including legal and regulatory requirements, with prior experience on nonprofit boards preferred.
• Stakeholder Engagement: Strong relationship-building skills with the ability to engage with a diverse range of stakeholders.
• Mission Commitment: A commitment to GreenieRE’s mission and a passion for driving positive environmental and social impact.
• Time Commitment: The board will meet quarterly.  The role is expected to be active, with ongoing participation in strategic discussions and decision-making.

Other Considerations:

• Compensation: None, but board service-related expenses are covered. We can provide our board expense policy upon request.
• Fundraising Expectations: None. GreenieRE is not a fundraising board. There is no "give or get" requirement for board members. While GreenieRE staff will keep the board informed of any fundraising activities, involvement in day-to-day fundraising is not expected. Some board members may choose to give independently, but this is not a requirement or expectation.