At a Glance
- Tasks: Manage global insurance programmes and lead risk management strategies.
- Company: Dynamic company focused on innovative risk solutions.
- Benefits: Attractive salary, comprehensive benefits, and opportunities for professional growth.
- Other info: Join a collaborative team with a focus on career advancement.
- Why this job: Shape the future of risk management in a global context.
- Qualifications: Experience in insurance management and strong negotiation skills.
The predicted salary is between 66150 - 80850 £ per year.
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.
Global Insurance & Risk Manager in London employer: Bureau Veritas
Bureau Veritas is an exceptional employer that offers a dynamic and supportive work environment in Perth, where you can broaden your career in property and development advisory. With a strong focus on employee growth, flexible working arrangements, and unique benefits like BV4me Days and access to mental health support, you will have the opportunity to lead meaningful projects while collaborating with a close-knit team of professionals. Join us to make a lasting impact on urban development and enjoy a rewarding career path within a global organisation committed to excellence.
StudySmarter Expert Advice🤫
We think this is how you could land Global Insurance & Risk Manager in London
✨Dive Into Industry Networking Events
Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.
✨Use LinkedIn to Your Advantage
Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like Bureau Veritas). A thoughtful message explaining your interest can really make a difference!
✨Look Out for Graduate Schemes
Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.
✨Leverage Your Current Connections
Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like Bureau Veritas. Don’t shy away from asking for a coffee chat; you never know what doors it might open!
We think you need these skills to ace Global Insurance & Risk Manager in London
Some tips for your application 🫡
Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.
Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at Bureau Veritas.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Bureau Veritas. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.
How to prepare for a job interview at Bureau Veritas
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Bureau Veritas to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
✨Showcase Your Analytical Side
In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!
✨Prepare for Behavioural Questions
As a full-timer at Bureau Veritas, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.
✨Know the Company Culture Inside Out
Understanding Bureau Veritas's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.
