At a Glance
- Tasks: Lead insurance management for affordable homes, ensuring optimal protection and value.
- Company: Join Legal & General, a leading financial services group with a rich heritage.
- Benefits: Enjoy competitive pay, generous holidays, healthcare, and performance bonuses.
- Other info: Flexible working options available to support your lifestyle and well-being.
- Why this job: Make a real impact in the affordable housing sector while developing your career.
- Qualifications: Experience in insurance claims and strong analytical skills are essential.
The predicted salary is between 50000 - 65000 β¬ per year.
Company Description
Legal & General (L&G) is a leading UK financial services group and major global investor. We've been safeguarding people's financial futures since 1836, and strive to build a better society, while improving the lives of our customers and creating value for shareholders. We are one of the world's largest asset managers and provide powerful asset origination capabilities. Together, these underpin our retirement and protection solutions: we are an international player in pension risk transfer, in UK and US life insurance, and in UK workplace pensions and retirement income.
As part of the wider L&G Group, our heritage goes back over 180 years, with a solid reputation as one of the leading financial services groups. We are pioneering institutional investment into the housing sector, whilst providing excellent service and quality homes. Focusing primarily on the Shared Ownership and affordable rent markets, we strive to be the UK's leading private affordable housing provider, known for excellent service and quality homes.
Job Description
We're recruiting for an Insurance Manager to join our Affordable Homes team. The successful candidate will lead and manage LGAH's insurance arrangements, ensuring both the organisation and its customers are adequately protected with optimal value for money. Key responsibilities include conducting regular reviews of policies and contract liabilities, negotiating with brokers and insurers, and effectively managing claims. This role involves the day-to-day administration of LGAH's insurance policies and related claims, including the onboarding of new properties onto relevant policies, handling claims from initial notification through to settlement, and proactively identifying and mitigating potential insurance-related risks.
What you'll be doing:
- Creating and executing insurance policies and risk management plans to ensure comprehensive coverage across LGAH's property portfolio and business activities
- Acting as the subject matter expert, advising on insurance matters and contributing to strategic projects
- Leading insurance renewals and retenders, negotiating with brokers and insurers to secure value-for-money outcomes
- Collaborating with brokers, liaising with L&G Group teams, and aligning corporate insurance policies
- Incepting new properties into policies and administering end-to-end claims processes, including submissions to providers
- Identifying, assessing, and mitigating insurance risks while contributing to LGAH's broader risk strategy
- Monitoring market trends, regulatory requirements, and ensuring compliance with laws, standards, and internal controls
- Maintaining accurate records, managing premiums and systems (e.g., Brolly), leveraging technology for reporting, and building strong stakeholder relationships to support operational and strategic objectives
Who we're looking for:
- The ability to understand, interpret, and present property and business data for securing optimal insurance rates
- Experience in effectively managing the insurance claims process
- Strong investigative and attention-to-detail skills with the ability to identify root causes of incidents and recommend prevention measures
- Chartered Insurance Institute membership preferred but not essential.
- Knowledge of the relevant statutory, regulatory and common law applicable to the field of real estate and the provision of regulated social and affordable housing
- Ability to work independently to proactively identify, raise and resolve issues
- Someone who is self-driven, innovative and embraces change and opportunity
- Commercially astute and able to work collaboratively with colleagues and external stakeholders
Whatever your role, we reward performance and behaviour with a package that looks after all the things that are important to you. Here are some of the benefits we offer:
- The opportunity to participate in our annual, performance-related bonus plan and valuable share schemes
- Generous pension contribution
- Life assurance
- Healthcare Plan (permanent employees only)
- At least 25 days holiday, plus public holidays. There's also the option to buy and sell holiday
- Competitive family leave
- Participate in our electric car scheme, which offers employees the option to hire a brand-new electric car through tax efficient salary sacrifice (permanent employees only)
- There are many discounts we offer - both for our own products and at a range of high street stores and online
- We're creating net-zero carbon workplaces by 2030 by investing in our sustainable, modern offices across the UK, all designed to bring people together and elevate the in-person experience
Additional Information
At L&G, we believe it's possible to generate positive returns today while helping to build a better future for all. If you join us, you'll be part of a welcoming, inclusive culture, with opportunities to collaborate with people of diverse backgrounds, views, and experiences. Guided by leaders with integrity who care about your future and wellbeing. Empowered through initiatives which support people to develop their careers and excel. We care passionately about outcomes rather than attendance and are therefore open to discussing all kinds of flexible working options including part-time, term-time and job shares. Although some roles have limited flexibility due to customer demand, we accommodate requests when we can. It doesn't matter if you don't meet every single criterion in this advert. Instead, think about what you excel at and what else you can bring in terms of strengths, potential and connection to our purpose.
Insurance Manager employer: LegalAndGeneral
Legal & General (L&G) is an exceptional employer, offering a dynamic work environment where innovation and collaboration thrive. With a strong commitment to employee wellbeing, L&G provides generous benefits including performance-related bonuses, a robust pension scheme, and flexible working options, all within a culture that values diversity and personal growth. Joining the Affordable Homes team as an Insurance Manager means being part of a forward-thinking organisation dedicated to making a positive impact in the housing sector while ensuring your professional development is supported.
StudySmarter Expert Adviceπ€«
We think this is how you could land Insurance Manager
β¨Tip Number 1
Network like a pro! Reach out to your connections in the insurance and property sectors. Attend industry events or webinars, and donβt be shy about introducing yourself. You never know who might have the inside scoop on job openings!
β¨Tip Number 2
Prepare for interviews by researching the company and its values. Understand their approach to insurance and risk management. Tailor your answers to show how your experience aligns with their goals, especially in affordable housing.
β¨Tip Number 3
Practice makes perfect! Conduct mock interviews with friends or family. Focus on articulating your experience in managing claims and negotiating with brokers. The more comfortable you are, the better you'll perform when it counts.
β¨Tip Number 4
Donβt forget to apply through our website! Itβs the best way to ensure your application gets noticed. Plus, we love seeing candidates who take the initiative to engage directly with us.
We think you need these skills to ace Insurance Manager
Some tips for your application π«‘
Tailor Your Application:Make sure to customise your CV and cover letter for the Insurance Manager role. Highlight your relevant experience in managing insurance policies and claims, and show how your skills align with what we're looking for at L&G.
Showcase Your Expertise:Donβt shy away from demonstrating your knowledge of insurance matters and risk management. Use specific examples from your past roles to illustrate how you've successfully navigated similar challenges.
Be Clear and Concise:When writing your application, keep it straightforward and to the point. We appreciate clarity, so make sure your key achievements and qualifications stand out without unnecessary fluff.
Apply Through Our Website:We encourage you to submit your application through our website. Itβs the best way to ensure your application gets seen by the right people and helps us keep track of all candidates efficiently.
How to prepare for a job interview at LegalAndGeneral
β¨Know Your Insurance Stuff
Make sure you brush up on your knowledge of insurance policies, especially those relevant to property and affordable housing. Be ready to discuss how you would create and execute insurance policies that provide comprehensive coverage for LGAH's portfolio.
β¨Show Off Your Negotiation Skills
Since negotiating with brokers and insurers is a key part of the role, prepare examples of past negotiations you've successfully handled. Highlight how you secured value-for-money outcomes and what strategies you used to achieve them.
β¨Be a Claims Process Pro
Familiarise yourself with the end-to-end claims process. Be prepared to explain how you would manage claims from initial notification to settlement, and share any experiences where you effectively resolved claims issues.
β¨Demonstrate Your Risk Management Acumen
Think about how you would identify and mitigate potential insurance-related risks. Prepare to discuss your approach to risk management and how it aligns with LGAH's broader risk strategy, showcasing your investigative skills and attention to detail.