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Randstad are currently working in partnership with a market leading educational business based in Westminster to recruit an experienced, knowledgeable and qualified Insurance and Risk Manager. They are seeking an experienced, driven and motivated Insurance and Risk professional to join their already well established team within their office. This dynamic individual will be responsible for managing the business' commercial insurance programme and providing appropriate support on the risk management framework. This role would suit a candidate with considerable experience working in a global corporate insurance and risk environment in a private equity backed business. This role is pivotal to assisting the Group Risk Officer to develop a strategic service plan to ensure that businesse's insurance programme is run as efficiently as possible.
Job Responsibility:
Working with brokers and the wider business to gather and review renewal information
Handling insurance queries from the business as required
Work with the business to develop practises to ensure risks are managed effectively from an insurance perspective
Lead the commercial insurance renewal process to ensure it is cost effective and the business has appropriate policy cover in place
Ensure appropriate commercial insurance is in place for newly acquired elements of the business
Oversee the issuance of documentation / certificates following renewal to ensure these are received in good time by all departments
Manage the claims process (through brokers) so insurers have sufficient information to investigate and claims are progressed in a timely manner
Assist senior management to develop a strategic service plan to ensure that the insurance programme is run as efficiently as possible
Identify new insurable risks within the business and make recommendations on how the commercial insurance programme can be managed more effectively
Assist with the design, implementation and maintenance of the risk management framework
Maintaining risk registers, principally by ensuring they are updated by risk owners and by critically evaluating assessments made by them
Facilitating workshops with risk owners and business units as necessary to ensure that key areas of risk exposure across the business have been identified
Assisting business units to respond effectively to new areas of risk, such as identifying potential controls and mitigations
Assisting in the production of reports to the Board, Audit and Risk Committee and Sub-Committee on Risk
Requirements:
Demonstrable experience of managing commercial insurance programmes in global organisations, including a successful track record of handling negotiations with internal clients, brokers and insurers
Knowledge of policy wordings and an understanding of contract law
Strong focus on results / outcomes
Good project management skills
Understanding of risk management and ability to persuade others to follow best practice
Excellent communication skills and good team player
Numerate and articulate
Ability to introduce and manage change in corporate practices
ACII professional qualification
Strong claims handling experience
Excellent software skills, particularly Microsoft Excel
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