At a Glance
- Tasks: Lead global insurance programmes and manage risk strategies for a multinational corporation.
- Company: Join DS Smith, a leader in sustainable packaging solutions with a collaborative culture.
- Benefits: Enjoy competitive salary, bonuses, private healthcare, and generous holiday allowance.
- Other info: Hybrid role with opportunities for travel and career growth in a dynamic environment.
- Why this job: Make a real impact in risk management while working with diverse teams across the globe.
- Qualifications: Must have risk management experience and relevant professional qualifications.
The predicted salary is between 80000 - 100000 £ per year.
We have an exciting opportunity for a Head of Insurance Risk to join our Group Team at our Paddington headquarters. Our team works collaboratively with corporate functions, divisional leaders, and the wider business on a day-to-day basis to protect the financial integrity of the Group. This role will focus on leading the global development, negotiation, and implementation of our insurance programmes, data systems, and loss prevention initiatives. You will be communicating with the business and acting as the primary point of contact for our insurable risk profile, M&A risk assessments, and high-value claims management. This role will partner with senior internal teams on commercial projects and initiatives, offering a fantastic opportunity to build relationships across a global footprint, working closely with executive officers, functional directors, and strategic global insurance providers.
A successful candidate must be a proven self-starter and commercial leader, who is comfortable with pro-actively communicating directly, working collaboratively, and liaising at all levels.
Key responsibilities include but are not limited to:
- Programme Management: Develop and execute the group's global insurance portfolio (Property, Liability, Cyber, Marine, and Credit), securing optimal coverage and pricing through scale.
- Risk Strategy & Retention: Define and manage risk transfer vs. retention strategies, including the optimisation of deductibles, SIRs, and the financial governance of captive insurers.
- Loss Prevention & Data Analytics: Lead the development of our Loss Prevention Information Systems, risk information collection and collation processes, establishing data standards and leveraging analytics to identify emerging risk trends.
- Claims Optimisation: Oversee all claims management and coordination to ensure efficient handling and timely recoveries, including legacy disease-related claims.
- Commercial Partnering: Assess the insurance implications of M&A, disposals, and new ventures, while supporting commercial contract reviews to validate insurance requirements.
- Market Relationship Management: Build and manage strategic relationships with global brokers, insurers, and loss adjusters to enhance operational delivery and strengthen placement negotiations.
So, if you are an experienced professional within the Risk Management space, looking for a new challenge in a business which prioritises creativity and encourages you to make a difference - then we might be looking for you!
About you
- Professionally qualified (ACII or FCII) or equivalent.
- Demonstrable progressive risk management experience within a multinational corporate, global broker or major insurer.
- Extensive knowledge of international insurance markets, captive structures, and industrial manufacturing risk profiles.
- Strong financial acumen with a proven track record of optimising broker engagement and leading complex placements.
- Proven ability to translate complex risk matters into business outcomes and influence cross-functional stakeholders.
Benefits
- Competitive salary.
- Discretionary bonus.
- Car allowance.
- Private healthcare.
- 25 days holiday plus bank holidays.
- Pension scheme, life assurance and income protection.
- Employee Assistance Programme.
- Employee Discounts.
- Cycle to work scheme.
This is a hybrid role, split between the London Paddington office (3 days) and home (2 days) - however flexibility will be required at times including business travel across EMEA.
We are DS Smith, together with International Paper, we are a global leader in sustainable packaging solutions and other fibre-based products. We believe a better, more sustainable tomorrow is possible with the right people, who challenge and support one another to enact positive change. We employ more than 65,000 colleagues in North America and Europe, Middle East, and Africa (EMEA), who are experts in innovation, manufacturing, design, sales, sustainability, supply chain, and much more. Together with our customers, we make the world safer and more productive, one sustainable packaging solution at a time.
Become part of a world-leading organisation and do your best work with us!
Fair recruitment at DS Smith
To fulfil our purpose of redefining packaging for a changing world, we aim to build a diverse, motivated, and engaged workforce. Our goal is to create a culture of inclusion where everyone is treated fairly, differences are valued, and everyone has an equal opportunity to succeed. Our people come from diverse backgrounds, bring different perspectives, ideas, and experiences to generate unique solutions focused on present and future sustainability challenges. We welcome all candidates to apply, even those not meeting all criteria.
Head of Insurance Risk in Woking employer: DS SMITH PACKAGING LIMITED
At DS Smith, we pride ourselves on being an exceptional employer, offering a dynamic work culture that prioritises safety, quality, and employee development. As the General Manager at our Featherstone site, you'll lead a passionate team in a high-performing environment, with ample opportunities for personal and professional growth, competitive benefits, and a commitment to sustainability. Join us in making a meaningful impact in the packaging industry while fostering a culture where every colleague feels valued and empowered.
Contact Details:
DS SMITH PACKAGING LIMITED Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Head of Insurance Risk in Woking
✨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.
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✨Look Out for Graduate Schemes
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We think you need these skills to ace Head of Insurance Risk in Woking
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 DS SMITH PACKAGING LIMITED.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at DS SMITH PACKAGING LIMITED. 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 DS SMITH PACKAGING LIMITED
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at DS SMITH PACKAGING LIMITED 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 DS SMITH PACKAGING LIMITED, 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 DS SMITH PACKAGING LIMITED'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.