At a Glance
- Tasks: Manage corporate insurance programmes and coordinate claims processes across global subsidiaries.
- Company: Join a leading media group in the dynamic sports and entertainment sector.
- Benefits: Competitive salary, professional development, and opportunities for global collaboration.
- Why this job: Be part of a high-profile team making impactful decisions in insurance management.
- Qualifications: Experience in corporate claims management and strong analytical skills required.
- Other info: Collaborative environment with opportunities for career growth and market insights.
The predicted salary is between 36000 - 60000 £ per year.
Job Description
Position Purpose Summary:
The Group Senior Insurance Officer demonstrates a strong track record in corporate claimsmanagement and global corporate insurance programme (non-financial and financial lines) placement and policy administration. The role supports the liaison between group holding company, its international subsidiaries, and beIN Media Group’s brokers, insurers and internal teams, working primarily within the high-profile media, sports and entertainment media sectors. The role assistsin managing beIN Media Group’s corporate insurance programmes, supporting the annual group renewal process, property loss and asset protection (risk engineering surveys) programmes, as well as contributes to identify and delivercost-effective insurance solutions that align with the organization’s requirements.
Key Responsibilities and Accountabilities:
Global Policy Coordination
- Assist in coordinating the organization’s entire corporate insurance programmes, including Property, Casualty, Directors & Officers (D&O), Errors & Omissions (E&O), Cyber, Personal Accident and other specialized lines.
- Ensure the organisation’s coverage is aligned with the local regulatory requirements across all subsidiaries and territories.
Renewal & Negotiations
- Support with the annual insurance renewal process, collaborate with brokers and insurers to secure optimal programme coverage terms, limits, and adequate premiums, as well as reduce overall total cost of insurance spending, while maintaining robust coverage.
Claims Administration & Support
- Collect, analyze, and prepare data on all claims; coordinate the end-to-end claims process, from initial notification and documentation through resolution and settlement.
- Engage with internal stakeholders, external claims advisor and loss adjusters, and counsel to facilitate timely claims settlement, payouts, minimize financial exposure, and legal obligations.
Group Insurance Management Services
- Assist and organize site inspections/ coordinate and liaise with insurers on surveys.
- Undertaking initiatives to manage crisis related incidents in connection with insurance programs.
Cross-Functional Collaboration
- Work closely with Finance, Legal, Compliance, HR, Technology – IT, Information Security, General Services / Operations and operational units worldwide to ensure the insurance strategies are aligned with the organisation’s entire business and risk management objectives.
- Assist in providing insights on insurance-related third-parties insurance requirements, contract clauses, indemnities, and regulatory standards.
- Support with the preparation of management reports to provide regular updates and periodical reports to support informed decision-making on all insurance matters.
- Support with the preparation of annual budget estimation and other ad-hoc management reports on all insurance matters.
Market Intelligence & Vendor Management
- Liaise with brokers, insurers, and other industry service providers.
- Stay abreast of market developments, regulatory changes, and emerging products to advise the company on potential improvements and cost-saving opportunities.
Senior Insurance Officer - Group employer: beIN MEDIA GROUP
Contact Detail:
beIN MEDIA GROUP Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Insurance Officer - Group
✨Tip Number 1
Network like a pro! Reach out to industry contacts, attend events, and engage on platforms like LinkedIn. We all know that sometimes it’s not just what you know, but who you know that can land you that Senior Insurance Officer role.
✨Tip Number 2
Prepare for interviews by researching the company and its insurance programmes. We recommend practising common interview questions and tailoring your answers to highlight your experience in corporate claims management and policy administration.
✨Tip Number 3
Showcase your skills! Bring along examples of your past work, especially those related to managing corporate insurance programmes and liaising with brokers. We want to see how you’ve tackled challenges and delivered cost-effective solutions.
✨Tip Number 4
Don’t forget to follow up after interviews! A quick thank-you email can go a long way. We believe it shows your enthusiasm for the role and keeps you fresh in their minds as they make their decision.
We think you need these skills to ace Senior Insurance Officer - Group
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Senior Insurance Officer role. Highlight your experience in corporate claims management and insurance programme coordination. We want to see how your skills align with our needs!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this role at beIN Media Group. Share specific examples of your past successes in insurance and how they relate to what we do.
Showcase Your Collaboration Skills: This role involves working closely with various teams, so make sure to highlight your cross-functional collaboration experience. We love seeing candidates who can work well with Finance, Legal, and other departments!
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it’s super easy!
How to prepare for a job interview at beIN MEDIA GROUP
✨Know Your Insurance Stuff
Make sure you brush up on your knowledge of corporate claims management and global insurance programmes. Be ready to discuss specific types of coverage like D&O, E&O, and Cyber insurance, as well as any recent trends in the media and entertainment sectors.
✨Showcase Your Negotiation Skills
Prepare examples of how you've successfully negotiated insurance terms or managed renewals in the past. Highlight your ability to collaborate with brokers and insurers to secure optimal coverage while keeping costs down.
✨Demonstrate Cross-Functional Collaboration
Be ready to talk about your experience working with different departments like Finance, Legal, and IT. Share specific instances where your collaboration led to improved insurance strategies or risk management outcomes.
✨Stay Updated on Market Trends
Research current market developments and regulatory changes in the insurance industry. Being able to discuss these topics will show that you're proactive and can bring valuable insights to the role.