The Insurance and Risk Manager will oversee the organization’s comprehensive insurance and risk management program, assessing and identifying risks that could impede the reputation, safety, security, or financial success of the organization. The core facets of this role comprise largely of claims management and risk mitigation working with the business and alongside our broker. This role is to coordinate the insurance and risk function by carrying out day-to-day insurance and risk-related activities in order to deliver a first-class insurance and risk function. You will also be involved in the insurance programmes on major insurance projects by providing both guidance and supporting in the arrangement of insurance covers
About the Role
The core purpose of the Insurance and Risk Manager role is to maintain the risk register, test controls, and [coordinate the insurance function by] carrying out day-to-day insurance related activities including notifications, coordinating responses, and managing claims. Reporting to the CFO, you will provide day-to-day support in order to deliver a first-class insurance function. Liaising closely with business managers, insurers, our insurance broker, loss adjusters, investigators, engineers, customers, and third parties, this is a hands-on, pro-active, part-time role involving every aspect of our claims/insurance requirements. It will include commercial motor, property, EL and PL, PII
You will be responsible for administering all claims, from notification to successful settlement and recovery of our uninsured losses, maintaining the Company system, providing timely management information to control our insurance risks, and advising on customer contracts. In regards to risk management, you will report to the Group CFO who has overall responsibility for the risk function. You be responsible for day-to-day risk management to update the risk register with guidance from the Non-Exec Director (Chair of the Risk and Audit Committee) You will manage a secondee from the operations to ensure project governance and controls are functioning as intended.
About You:
You will be highly motivated, hard-working, I.T. literate and a good communicator. From an insurer or broker background, you will have a track record in commercial claims management. An understanding of commercial law and customer contracts would be an advantage.
· Thorough understanding of policies and best practices of risk management.· Experience in commercial insurance, ideally gained in a similar in-house insurance role or broking environment in the construction industry specifically· Experience in an office administration role· Knowledge of the construction industry and construction contracts· Able to confidently challenge assumptions and opinions, influential in presenting alternative viewpoints· Explicit understanding of confidentiality; tact, diplomacy & discretion.· Demonstrable analytical skills· Advanced written communication and influencing skills with a tactful and diplomatic disposition.· Builds position relationships with all stakeholders· Ability to work to tight deadlines with frequently changing priorities
Personal Skills and Attributes:
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