At a Glance
- Tasks: Manage risk and insurance for a global petrochemicals leader.
- Company: INEOS, a major player in petrochemicals and Oil & Gas.
- Benefits: Competitive salary, dynamic work environment, and career growth opportunities.
- Other info: Work in Knightsbridge and collaborate with senior stakeholders.
- Why this job: Join a diverse team and influence major insurance programmes globally.
- Qualifications: 7-10 years in insurance with strong analytical and communication skills.
The predicted salary is between 63000 - 77000 £ per year.
Applications should be submitted no later than 19th November, however, please be aware that the screening and interview process will be running while the advert is open.
Location: London (Knightsbridge)
The opportunity
INEOS is a global petrochemicals manufacturer and Oil & Gas operator, present in 26 countries, generating approximately $50 billion in annual revenue and employing more than 23,000 people. Alongside its industrial businesses, INEOS has interests in automotive and elite sport. We are looking for an experienced insurance professional to join INEOS as Group Risk Manager, to help manage risk and insurance across this diverse international business. Reporting to the Group Head of Insurance, you will help design, implement and maintain the Group’s risk management framework and insurance programmes. You will work closely with senior management, operational teams, brokers, insurers and risk engineering specialists, providing clear and commercially focused advice. This is an opportunity to work at Group HQ level across a broad international portfolio of industrial businesses. You will gain exposure to complex risks, play a meaningful role in major insurance programmes and work directly with decision-makers across INEOS.
Responsibilities
- Work with INEOS’ businesses to identify appropriate, cost-effective risk protection and insurance solutions.
- Help structure, market and implement insurance programmes with brokers and insurers.
- Take responsibility for selected corporate insurance renewals.
- Review insurance arrangements to ensure they remain appropriate, effective and compliant.
- Gather, analyse and validate underwriting information from businesses across the Group.
- Assess and report significant risks and emerging issues.
- Support businesses throughout the claims process.
- Manage relationships with insurers, brokers, engineers and other specialist insurance providers.
- Maintain effective programme governance, documentation and payment processes across the full set of INEOS’ corporate insurances.
- Share risk and insurance knowledge across the business and contribute to continuous improvement.
What you will bring
- At least 7-10 years insurance-sector experience, ideally gained across several classes of insurance.
- Experience of complex corporate insurance programmes, gained in-house, with a broker or within the insurance market.
- Energy and/or casualty insurance experience would be an advantage.
- A practical understanding of risk management, insurance regulation and market practice.
- Experience developing and implementing insurance programmes and processes.
- Strong commercial judgement and the ability to turn complex risk issues into clear, practical advice.
- Excellent communication, influencing and relationship-management skills, including experience working with senior stakeholders.
- Strong analytical ability, attention to detail and confidence working with risk and insurance data.
- A proactive, organised and collaborative approach, with the ability to manage competing priorities in a fast-moving environment.
Group Risk Manager in London employer: INEOS group
At INEOS Hull, we pride ourselves on being an excellent employer, offering a safety-first work culture that prioritises the well-being of our employees. Our commitment to professional development ensures that as an Electrical Technician, you will have ample opportunities for growth and advancement within a supportive team environment. Located in a vibrant industrial area, we provide competitive benefits and a dynamic workplace where your contributions directly impact plant reliability and safety.
StudySmarter Expert Advice🤫
We think this is how you could land Group 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 INEOS group). 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 INEOS group. 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 Group 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 INEOS group.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at INEOS group. 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 INEOS group
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at INEOS group 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 INEOS group, 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 INEOS group'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.
