Insurance and Risk Manager

Risk and Insurance Manager

Industry: Manufacturing
Hybrid working
Up to £100,000 per annum

Role overview:

Responsibilities include identifying potential and current insurable risks, analysing the financial impact of those risks, and reducing the total cost of risk by mitigating loss and protecting assets through the management of insurance, loss prevention, contractual risk transfer and claims management.

THE ROLE:

• Assist Global Risk Management team in all aspects of risk management including identifying risks, gathering and consolidating insurance underwriting information, preparing loss ratios, providing ongoing updates of internal business processes in the areas of safety and loss control, and assisting with insurance policy marketing and presentations
• Assist the Finance teams by providing policy cost forecasts for corporate budgeting, allocating global policy premiums to operating subsidiaries, facilitating payment of local policy premiums, and preparing financial reserve adequacy analysis to determine appropriate balance sheet reserves
• Work closely with cross-functional teams to communicate and implement risk management strategies, manage claims, promote loss prevention best practices, and respond to general risk and insurance related questions. This includes working with Procurement and Legal to review contracts and provide recommendations for insurance provisions. Facilitate and coordinate delivery of evidence of coverage or Certificates of Insurance as required by operating businesses
• Oversee loss prevention activities including coordination of loss control inspections/surveys and at times attendance at such inspections, facilitate responses to recommendations, maintain recommendation tracker, and implement loss prevention best practices in accordance with corporate policy
• Participate in enterprise risk management activities with appropriate personnel and assist in evaluation of alternative risk management programs such as captive insurance companies are viable to reduce the total cost of risk

HOW TO APPLY:

Email your CV or use the apply feature on this page. Email:

KEY SKILLS: Insurable Risk, Loss Prevention, Claims Management, Risk Management, Contractual Risk