Job Description
To support the Director Of Group Risk Management in minimizing Group liabilities and protecting Group Assets through the implementation of insurance and risk management programs. Managing the global risk data to gain relevant insight that will support the department in making the optimal decisions on Insurable Risk strategy. To deputies for the DOGRM in their absence.
Key Responsibilities:
Support the DOGR in developing and implementing the renewal strategy, placing particular emphasis on efficient use of qualitative risk information to optimise self-insurance and organise the Group worldwide insurance programs.
Support the renewal process for financial and other lines of insurance with completion of application and supplementary risk information.
Management of relationship with global broker network and our businesses worldwide to ensure adherence by our overseas businesses to Group policy on the purchase of insurance and appointment of brokers.
Management of the renewal information collection process, validating and verifying the data in order to protect the Group from failing to disclosure all material information to insurers. Also to notify insurers of all relevant changes during the policy year. Systemise process and utilise RIMS.
Lead claims management process across all coverages to ensure suitable and effective notification and management of claims with businesses, insurers, loss adjusters, captive and brokers. Closely monitor all claims reserves in excess of £200k and claims of a complex nature to achieve satisfactory settlements.
Global quarterly claims review, identifying trends and any material movement from previous period and investigating these individual claims. Maintain a relevant watch list of claims.
What you need to succeed:
- Minimum of 3 years of Corporate Insurance experience
- Experience in managing a team
- Project management skills
- Advanced Excel use, including Pivots, statistical formulas, and data manipulation skills
- Preferably an Insurance qualification, degree level, or any other recognized professional qualification
- Relevant system skills (Risk Information System we use is Origami)
Job Types: Full-time, Fixed term contract
Contract length: 12 months
Salary: £45,000.00-£52,000.00 per year
Benefits:
- Company pension
- Flexitime
- On-site parking
- Referral programme
- Work from home
Schedule:
- Flexitime
- Monday to Friday
Supplemental pay types:
Ability to commute/relocate:
- Milton Keynes: reliably commute or plan to relocate before starting work (required)
Education:
Work Location: In person