Global Insurance & Risk Manager
Posted Updated
Key Responsibilities:
| Insurance Programme Management • Design, place, and manage the global insurance programme (including PI, GL, D&O, Cyber, Property, Employers’ Liability, and specialty lines). • Lead annual renewals, including programme structure, limits, deductibles, layering, and coverage optimisation. • Ensure consistency and alignment across regions while accommodating local regulatory requirements. Broker & Insurer Management • Manage relationships with insurance brokers and insurers globally. • Lead broker tenders, performance reviews, and underwriting submissions. • Negotiate terms, pricing, and coverage enhancements. Claims Oversight • Oversee claims notification, management, and settlement in coordination with the General Counsel. • Monitor claims trends, loss ratios, and root causes. • Support implementation of loss prevention and risk mitigation measures. Risk & Financial Strategy • Develop and advise on risk financing strategies (deductibles, self-insured retentions, captives, alternative risk transfer where relevant). • Analyse insurance spend, claims experience, and programme efficiency. • Support budgeting and forecasting related to insurance and claims. Legal, Contracts & M&A Support • Advise on insurance implications in contracts, tenders, and client negotiations. • Ensure alignment between insurance coverage, contractual indemnities, and limitation-of-liability provisions. • Support M&A, carve-outs, and restructuring activities from an insurance and risk perspective. Governance & Reporting • Prepare regular reports for the EXCOM. • Maintain insurance policies, schedules, certificates, claims trackers, and dashboards. • Ensure compliance with local insurance laws and contractual insurance obligations |