Insurance Head
Posted: 3 days ago
Job Description
About The Job Insurance HeadThe Insurance Head is responsible for setting the insurance strategy and for delivering advice and support on all matters related to insurance. The Insurance Head is the company insurance expert and as such directs and guides the businesses in such matters. They are responsible for continually reviewing the companies risk profiles to ensure the insurance programs are fit for purpose. They manage external relationships with service providers.ResponsibilitiesInsurance Strategy Development, Implementation and Governance Define, propose, and implement a group insurance strategy as it applies to the purchase of insurance coverage, the appointment of insurance brokers, claim administrators and other services to support the insurance programs. Deploy the insurance strategy as it applies to associated companies of the Group Maintain the group's insurance programs and provide advice and guidance to the business as necessary both from a technical and professional perspective Ensure various divisions within the Group are aware of insurance coverage in place and premiums charged Maintain and improve mechanisms for the provision of insurance, including surveying and measuring governance, performance, administration and outcomes and disseminate feedback to the appropriate persons/entitiesStrategic Partnership ManagementManage relationships with service providers including brokers, insurers, claim handlers and loss adjusters Negotiate with insurers to secure the most appropriate insurance arrangements for the Group Communicate to brokers and other insurance consultants all relevant aspects of the business, information and standards required in order to ensure competitive pricing and coverage Actively manage the interface with service providers and ensure quality and delivery of service Identify insurance-related areas of exposure throughout the Group and minimize risk by defining and deploying risk mitigation processes across the Group Assisting with the development of the organisations risk management process, particularly by promoting awareness of the importance of this function through active participation in appropriate working groups.Claims ManagementActively manage large, complex claims Provide claims advice and guidance to the businesses Deliver quarterly Board reporting for corporate governance purposes
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