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: Make an impact in a high-profile industry while developing your insurance expertise.
- Qualifications: Experience in corporate claims management and strong analytical skills required.
- Other info: Collaborative environment with opportunities for career advancement and crisis management initiatives.
The predicted salary is between 36000 - 60000 Β£ per year.
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 β 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 π€«
We think this is how you could land Senior Insurance Officer - Group
β¨Tip Number 1
Network like a pro! Reach out to industry contacts on LinkedIn or at events. A friendly chat can lead to opportunities that arenβt even advertised yet.
β¨Tip Number 2
Prepare for interviews by researching the company and its insurance programmes. Show us you know your stuff about corporate claims management and how it fits into their world.
β¨Tip Number 3
Practice your pitch! Be ready to explain how your experience aligns with the role, especially in areas like risk management and cross-functional collaboration.
β¨Tip Number 4
Donβt forget to apply through our website! Itβs the best way to ensure your application gets seen by the right people. Plus, we love seeing candidates who take that extra step.
We think you need these skills to ace Senior Insurance Officer - Group
Some tips for your application π«‘
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. Itβs the best way for us to receive your application and ensures you donβt miss out on any important updates from us during the process!
How to prepare for a job interview at beIN MEDIA GROUP
β¨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.
β¨Showcase Your Negotiation Skills
Since the role involves collaborating with brokers and insurers, prepare examples of past negotiations you've handled. Highlight how you secured optimal terms or reduced costs while maintaining robust coverageβthis will show you can deliver results.
β¨Demonstrate Cross-Functional Collaboration
This position requires working closely with various departments. Think of instances where you've successfully collaborated with teams like Finance or Legal. Be ready to explain how you ensured alignment between insurance strategies and business objectives.
β¨Stay Updated on Market Trends
Familiarise yourself with current market developments and regulatory changes in the insurance industry. Being able to discuss these topics will demonstrate your proactive approach and commitment to finding cost-effective solutions for the organisation.