At a Glance
- Tasks: Lead the Insurance Services Team and provide top-notch Property Insurance Services.
- Company: Join Cushman & Wakefield, a leader in the property industry with a commitment to diversity.
- Benefits: Competitive salary, inclusive culture, and opportunities for professional growth.
- Other info: Embrace a flexible work environment that values your unique contributions.
- Why this job: Make a real impact in the insurance sector while leading a dynamic team.
- Qualifications: 15+ years in commercial property insurance and strong leadership skills required.
The predicted salary is between 80000 - 100000 £ per year.
The Partner/Head of Cushman & Wakefield Insurance Services will lead the Insurance Services Team and ensure that a professional Property Insurance Service is provided to both internal and external clients by the Insurance Services Team.
The Head is required to observe and comply with the policies and procedures contained in the Company's compliance manual and as set out in any notices issued to the Head from time to time by the Company's Compliance officer, which are necessitated by the Company's regulation by the Financial Conduct Authority. As the Head will be an FCA Approved Person, the Head is required to discharge their obligations as required under the regulatory system.
Key Responsibilities- The Head has management responsibility for the Insurance Services Team and responsibility for the insurance related revenue budget.
- The Head will also have specific job cost budgeting and will ensure billing to clients and insurers.
- The main Departmental cost budget remains the responsibility of the Head’s Line Manager and will be agreed in conjunction with the Head.
- The Head will be mandated to authorise for payments via the Bank of America “Cashpro” system to Suppliers and Clients, in accordance with C & W’s standard arrangements.
- The Head will be required to deal with all Clients and Insurers with no maximum value as regards placing of insurance or dealing with claims.
- The Head will be responsible for deciding whether or not to accept any type of appointment.
- The Head will need to be commercially minded to ensure added value insurance products are available to meet the market place demand from Clients and must have the ability to complete competitively in the market place.
- The Head will be required to ensure that the Insurance Companies used are able to deliver the appropriate service and comply with the required Credit Rating requirements.
- The Head will be required to build and maintain relationships with Surveyors, Client Managers, as well as Insurance Industry contacts.
- The Head in conjunction with C & W’s Compliance Officer will ensure that the relevant regular Financial Submissions to FCA are completed on time in accordance with the FCA requirements.
- The Director will need to ensure that all insurance is placed at the appropriate time and renewals are issued in accordance with FCA guidelines.
- Implementing and running initiatives to improve staff engagement from annual TLC staff engagement survey in conjunction with the Head of Customer Experience.
- Strong command of both spoken and written English (mandatory).
- Associate/Fellow of Chartered Insurance Institute (desirable).
- 15 years + experience in operational role.
- Detailed knowledge of commercial property insurance.
- Negotiating & line management skills.
- Demonstrable teamwork experience - needs to have a strong sense of responsibility for the success of the team.
- Ability to demonstrate experience in a range of communications media both internally and externally focused.
- Knowledge of FCA compliance requirements.
- Excellent communication skills are a “must”, as you will be dealing with Insurers, Loss Adjusters, internal and external clients on a regular basis.
- Calm, diplomatic, and professional approach to work and colleagues.
- The Partner/Head must not have (or must report) any convictions, not be subject to disciplinary action by regulators, not be subject to civil cases or prior disqualifications.
- Strong Microsoft Office Suite, with exceptional Word and PowerPoint formatting skills and Excel numeracy and formula understanding.
- Excellent presentation and influencing skills.
- Keen attention to detail, with a focus on understanding client requirements.
- Meticulous, patient and persevering.
- Ability to communicate at different levels of the organisation.
- Strong time management, planning and organisational skills.
- Focused, self-motivated and results oriented.
- Proactive nature with an ability to show initiative.
- Capable of managing and working with diverse teams across multiple disciplines.
- Driven by goals and achievement of excellence.
- Flexible approach, with the ability to adapt their style to complement the team requirements.
- Constantly portray a professional image to Insurers, internal and external Clients and Consultants in person and in all communications.
- Promote and foster a strong, ethical, friendly, and efficient team culture and working environment.
Cushman & Wakefield is an equal opportunity / affirmative action employer. All qualified candidates will receive consideration for employment without regard to ethnicity, gender, gender identity or expression, sexual orientation, age, disability, religion, marital status, or any other legally protected characteristic. Cushman & Wakefield is committed to equity in employment, and our goal is to have a diverse, inclusive and barrier-free workplace. If you are a person with a disability and need any other accessible accommodations during the hiring process, you are invited to bring this to the Talent Acquisition Advisor’s attention once they have made contact.
Head of Insurance Services in London employer: Cushman & Wakefield
Cushman & Wakefield is an exceptional employer that prioritises professional growth and a supportive work culture, particularly for the Head of Insurance Services role. With a commitment to diversity and inclusion, employees benefit from a collaborative environment that fosters innovation and teamwork, alongside opportunities for career advancement within a globally recognised firm. Located in a vibrant area, the company offers competitive remuneration and comprehensive benefits, ensuring that every team member feels valued and empowered to excel.
StudySmarter Expert Advice🤫
We think this is how you could land Head of Insurance Services 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 Cushman & Wakefield). 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 Cushman & Wakefield. 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 Head of Insurance Services 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 Cushman & Wakefield.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Cushman & Wakefield. 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 Cushman & Wakefield
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Cushman & Wakefield 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 Cushman & Wakefield, 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 Cushman & Wakefield'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.