At a Glance
- Tasks: Support global insurance strategy and manage corporate insurance arrangements.
- Company: Join a leading global financial markets infrastructure provider.
- Benefits: Enjoy healthcare, retirement planning, and paid volunteering days.
- Why this job: Make a significant impact in a dynamic and innovative environment.
- Qualifications: Experience in insurance and strong communication skills required.
- Other info: Be part of a diverse team that values individuality and creativity.
The predicted salary is between 60000 - 80000 ÂŁ per year.
The Insurance Manager will support the Head of Corporate Insurance with the delivery of the Groupâs global insurance strategy, ensuring that LSEG maintains comprehensive, efficient and wellâgoverned insurance coverage across all business areas where required. This role is responsible for assisting with assessing groupâwide insurance requirements, handling renewal processes, supporting claims handling, and partnering with business and functional partners to ensure strong firstâlineâofâdefence ownership of insurance risks. The role provides subjectâmatter expertise to internal partners and assists with ensuring LSEGâs insurance programmes support the Groupâs strategic, operational and regulatory objectives.
The Corporate Insurance team supports these objectives by ensuring appropriate risk transfer strategies are in place, maintaining positive relationships with brokers, insurers and internal partners, and by maintaining robust and effective governance processes. This role is within a small, highâperforming team reporting into Group Treasury.
Key Responsibilities- Work with internal and external partners to gather & review information for corporate insurance arrangements.
- Assist with the negotiation and placement of LSEGâs corporate insurance arrangements and directly manage some specific insurance placements to ensure an efficient multinational global insurance programme.
- Handle insurance portfolio administration, including insurance premium payments, local policy issuance and supporting local offices with multinational requirements.
- Manage and develop positive relationships with key insurance partners (including brokers and insurers).
- Support the Head of Corporate Insurance with Mergers and Acquisitions activity, including insurance due diligence and integration.
- Support claims processes where required, including crisis response.
- Review and advise the business regarding contractual insurance obligations placed on the Group.
- Identify and work with the organisation to develop practices and procedures that ensure risks are managed effectively from an insurance viewpoint. Keep procedures up to date and ensure transparency amongst internal partners.
- Identify areas for improved insurance risk management practices across the Group and support the embedding of related processes across the organisation to mitigate insurance risk.
- Identify new insurable risks and make recommendations for effective management of risks.
- Represent LSEG in external meetings with brokers and insurers, and within the wider insurance market by being an active member of Airmic.
- Handling any other corporate insurance matters relating to the business as the need arises.
- Deputise for the Head of Corporate Insurance as and when required.
- Strong interpersonal, verbal and written communication skills.
- Demonstrable experience of partner management within a large, complex or global organisation.
- Extensive experience working in an insurance related capacity. Financial Lines experience is preferable.
- Strong analytical, negotiation and presentation skills.
- Deep understanding of global insurance markets and risk transfer mechanisms.
- Familiarity with risk frameworks and firstâline/secondâline responsibilities.
- Strong organisational skills, and ability to prioritise effectively under pressure to ensure adherence to deadlines.
- Willingness to embrace use of AI and other tooling.
- Degree (or equivalent) in Business, Finance, Risk, Law or related field.
- Professional insurance qualification (e.g., ACII) is highly desirable.
Join us and be part of a team that values innovation, quality, and continuous improvement. If youâre ready to take your career to the next level and make a significant impact, weâd love to hear from you. LSEG is a leading global financial markets infrastructure and data provider. Our purpose is driving financial stability, empowering economies and enabling customers to create sustainable growth.
Our culture of connecting, creating opportunity and delivering excellence shapes how we think, how we do things and how we help our people fulfil their potential.
Insurance Manager employer: London Stock Exchange Group
Contact Detail:
London Stock Exchange Group Recruiting Team
StudySmarter Expert Advice đ¤Ť
We think this is how you could land Insurance Manager
â¨Tip Number 1
Network like a pro! Reach out to your connections in the insurance industry, attend relevant events, and donât be shy about asking for introductions. The more people you know, the better your chances of landing that dream job.
â¨Tip Number 2
Prepare for interviews by researching the company and its insurance strategies. Be ready to discuss how your experience aligns with their needs. Show them youâre not just another candidate; youâre the one theyâve been looking for!
â¨Tip Number 3
Follow up after interviews! A quick thank-you email can go a long way in keeping you top of mind. It shows your enthusiasm and professionalism, which are key traits for an Insurance Manager.
â¨Tip Number 4
Donât forget to apply through our website! Weâve got loads of resources to help you stand out, and applying directly shows your commitment to joining our team. Letâs get you on board!
We think you need these skills to ace Insurance Manager
Some tips for your application đŤĄ
Tailor Your Application: Make sure to customise your CV and cover letter for the Insurance Manager role. Highlight your relevant experience in insurance and partner management, and show us how you align with our values of Integrity, Partnership, Excellence, and Change.
Showcase Your Skills: We want to see your strong interpersonal, analytical, and negotiation skills shine through. Use specific examples from your past experiences to demonstrate how you've successfully managed insurance risks or handled complex negotiations.
Be Clear and Concise: When writing your application, keep it clear and to the point. Avoid jargon and make sure your key achievements stand out. We appreciate straightforward communication, so let us know why you're the perfect fit for this role!
Apply Through Our Website: Donât forget to submit your application through our website! Itâs the best way for us to receive your details and ensures youâre considered for the role. Plus, it shows us youâre keen on joining our team at LSEG!
How to prepare for a job interview at London Stock Exchange Group
â¨Know Your Insurance Stuff
Make sure you brush up on your knowledge of global insurance markets and risk transfer mechanisms. Be ready to discuss your experience in handling corporate insurance arrangements and any specific placements you've managed.
â¨Showcase Your Interpersonal Skills
Since this role involves partner management, be prepared to demonstrate your strong communication skills. Share examples of how you've built and maintained positive relationships with brokers, insurers, and internal partners in previous roles.
â¨Be Ready for Analytical Questions
Expect questions that test your analytical and negotiation skills. Prepare to discuss how you've identified insurable risks and developed practices to manage them effectively. Use specific examples to illustrate your thought process.
â¨Embrace Technology
With the mention of AI and other tools in the job description, show your willingness to embrace technology. Discuss any relevant experience you have with using tech in insurance processes or how you stay updated with industry innovations.