Back to jobsWork with Brokers and the business to gather & review renewal information for corporate insurance arrangements
Lead all the main policies’ renewal process to ensure the programme renewal is cost effective with broad policy cover
Make recommendations for rating, wording and insurers to Management
Identify property acquisitions and sales, and all other key indicators to ensure insurance arrangements are up-to-date, premiums agreed with insurers and premiums billed to subsidiaries as appropriate
Identify and spot any risk under/over insured within the Business and make recommendations for effective management of the risks
Communicate effectively and timely with the organisation on cover arrangements, premiums and recoveries
Review and negotiate contractual insurance obligations placed on the organisation
Coordinate the liability claims notification process to insurers so that the insurers have sufficient information to investigate claims and monitor the effectiveness of the insurer’s claims handling service
Design and implement, in conjunction with other departments handling risks, an overall risk management process of insured risks, which includes analysis of the financial impact on the company when risks occur
Identify and work with the organisation to create practices and procedures that ensure risks are managed effectively from an insurance viewpoint
Prepare and develop Insurance risk reporting tailored to the relevant audience, to keep Management updated about the most significant risks and policies’ trend, ensure relevant business department understand the trends that might affect their departments, ensure individuals understand their own accountability for individual risks
Keep procedures up-to-date and ensure appropriate people are aware and able to follow the procedures as appropriate
Set strategy for event management within the organisation, produce clear guidelines and ensure adherence to the procedures, in conjunction with relevant teams
Resolve insurance queries from departments and third parties