Insurance Manager in London

Insurance Manager in London

London Full-Time 50000 - 65000 € / year (est.) Home office (partial)
LegalAndGeneral

At a Glance

  • Tasks: Lead insurance management for affordable homes, ensuring optimal protection and value.
  • Company: Join Legal & General, a leading UK financial services group with a rich heritage.
  • Benefits: Enjoy competitive salary, performance bonuses, generous holiday, and electric car scheme.
  • Other info: Flexible working options available to support your work-life balance.
  • Why this job: Make a real impact in the affordable housing sector while developing your career.
  • Qualifications: Experience in insurance claims management and strong analytical skills required.

The predicted salary is between 50000 - 65000 € 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

Qualifications 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 in London employer: LegalAndGeneral

Legal & General (L&G) is an exceptional employer, offering a dynamic work environment where innovation and collaboration thrive. As part of our Affordable Homes team, you will benefit from a comprehensive rewards package, including performance-related bonuses, generous holiday allowances, and opportunities for career development in a culture that values diversity and inclusion. With a commitment to sustainability and flexible working options, L&G empowers employees to achieve their professional goals while contributing to a better future for all.

LegalAndGeneral

Contact Detail:

LegalAndGeneral Recruiting Team

StudySmarter Expert Advice🤫

We think this is how you could land Insurance Manager in London

Tip Number 1

Network like a pro! Reach out to your connections in the insurance and property sectors. Attend industry events or webinars, and don’t be shy about introducing yourself. You never know who might have a lead on that perfect Insurance Manager role!

Tip Number 2

Prepare for interviews by researching L&G and their approach to insurance management. Understand their values and how they align with your experience. This will help you tailor your responses and show them you’re the right fit for their team.

Tip Number 3

Practice makes perfect! Conduct mock interviews with friends or family. Focus on articulating your experience in managing insurance claims and policies clearly. The more comfortable you are, the better you’ll perform when it counts.

Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who take the initiative to engage directly with us. So, get your application in and let’s make it happen!

We think you need these skills to ace Insurance Manager in London

Insurance Policy Management
Risk Management
Claims Management
Negotiation Skills
Data Analysis
Attention to Detail
Regulatory Compliance

Some tips for your application 🫡

Tailor Your Application:Make sure to customise your CV and cover letter to highlight your experience in insurance management. Use keywords from the job description to show that you understand what we're looking for.

Showcase Your Skills:Don’t just list your qualifications; demonstrate how your skills align with the role. Talk about your experience in managing claims and negotiating with insurers, as these are key aspects of the Insurance Manager position.

Be Clear and Concise:Keep your application straightforward and to the point. We appreciate clarity, so make sure your writing is easy to read and free of jargon. This will help us see your potential quickly!

Apply Through Our Website:We encourage you to submit your application through our website. It’s the best way to ensure it gets into the right hands and helps us keep track of all applicants efficiently.

How to prepare for a job interview at LegalAndGeneral

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 and risk management plans, as this will show that you understand the core responsibilities of the role.

Show Off Your Negotiation Skills

Since negotiating with brokers and insurers is a key part of the job, prepare examples of past negotiations you've successfully handled. Think about how you secured value-for-money outcomes in previous roles and be ready to share these stories during the interview.

Demonstrate Your Attention to Detail

The role requires strong investigative skills and attention to detail. Prepare to discuss specific instances where you identified root causes of incidents and implemented prevention measures. This will highlight your ability to manage claims effectively and mitigate risks.

Be Ready to Discuss Market Trends

Stay updated on current market trends and regulatory requirements in the insurance sector. During the interview, be prepared to talk about how these trends could impact LGAH’s insurance arrangements and how you would ensure compliance with laws and standards.