Insurance & Risk Manager - London, United Kingdom - Gold Group Ltd

Gold Group Ltd
Gold Group Ltd
Verified Company
London, United Kingdom

1 week ago

Tom O´Connor

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Tom O´Connor

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Description

Risk & Insurance Manager - Canary Wharf (Hybrid Position)

Principal Relationships:
Reporting to and assisting the VP Finance and VP Insurance & Risk Management
Assist all the businesses globally on all Insurance & insurable Risk Management matters, main contacts being Legal & Contracts, Finance Directors, Operation Directors, Purchasing managers, Real Estate and Health and Safety personnel
Legal & Contracts Directors and Bid Finance personnel on the support for the Bids and Projects, including PPPs, JVs, Consortium, Alliances, Supply and Service Contracts and Acquisitions & Divestitures
Manage the activities of Insurance Brokers liaising with the Account Executives and support personnel
External Contacts - Insurers, Insurance Brokers, Loss Adjustors, Claims Handlers and Loss Control Service Providers
Internal Contacts - Personnel from Finance, Operations, Legal & Contracts, HR, HSE and Facilities plus all Corporate Departments.

Key Responsibilities and Tasks:

Set 1 'Insurance Subscription' :
~ 35% of Full Time
Liaise with Directorate Insurance & Risk Management (DIRM) Paris on all Group insurance matters
Renewal of local and project insurance policies
Manage and issue certificates, summaries and insurance policies
Co-ordinate insurance questionnaires
Collate underwriting data and information to disclose to insurers
Complete the annual premium allocations and adjustments

For 2023 coverage, most of GTS insurance subscription will occur twice: first within Group programs, then separately and under the new company's Group control.


Set 2 'Contractual reviews' :
~ 35% of Full Time
Advise on contractual insurance clauses in the GTS projects and contracts of sales, of partnership and of purchase.
Manage specific project insurance requirements
Advise on insurance coverage matters for Consortium and JVs

Set 3 'Risk prevention' :
~ 15% of Full Time
Manage loss control and prevention activities to support insurance matters
Assist on Business Continuity Management programme
Assist on the Risk Management programme

Set 4 'Claim management':
~ 15% of Full Time in an average year.
Issue claims procedures and forms
Notify and manage claims
Support the businesses on insurance claims
Risk Engineering;
Identify exposures and assess risks from activities worldwide.

The aim is to preserve and minimise the exposures to employees and visitors as well as to protect the group's assets and financial revenues including minimise any exposures from third party claims.

Co-ordinate the risk evaluations via site visits with insurers and/or external consultants and then review the risks and the insurer reports to provide prevention, protection and control advice to the businesses to reduce or eliminate the hazards, risks andexposures.

Assist to ensure the cost effective risk improvement recommendations are addressed and advice on reducing the exposures for all hazard risks to the assets.

Co-ordinate the insurers reviews for all major changes, new constructions or additional activities to our sites and businesses in order to reduce exposures and introducing the most cost effect loss prevention aspects to prevent a major event in line with theGroup strategy.

Responsible to promote continual improvement of all aspects of loss prevention within the operations. Assist with Business Cases and the production of reports on the risks and exposures to assist the improvements required.
Continuous communication of their philosophy in order to increase the risk awareness throughout the organisation.
Risk Management
Assist the compliance processes, such as the Yearly Attestation Letter, Internal Control Questionnaire and Risk mapping with a specific focus on insurable risks
Provide training and guidance on risk management techniques and benchmarking of exposures


Skills:
Well organised and ability to manage multiple projects.
Experience in insurance contract reviews for complex projects
Excellent people management skills and ability to influence others.
A motivated self-starter, capable of working on own initiative with a high level of integrity.
Ability to work professionally and constructively within a team environment providing advice and assistance to a multitude of departments.
A confident communicator, resourceful and proactive, ensuring adequate quality and timely delivery of presentations and reports.
IT skills in Excel, Word and Power point


Experience:

Essential
At least 5 years' experience as an in-house insurance and risk manager
At least 10-15 years' experience within the insurance industry overall (broker, carrier, risk manager)

Financial / Budgetary Responsibility:
Responsible for the GTS insurance budget
Essential
Insurance & Risk Management qualification (Risk Management degree, IRM, CII or equivalent qualifications)
Experience with FIDIC or NEC3

Services advertised by Gold Group are those of an Agency and/or an Employment Business.
We will contact you within the next 14 days if you are selected for interview. For a copy of our privacy policy please visit our website.
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