At a Glance
- Tasks: Manage corporate insurance policies and negotiate coverage with stakeholders.
- Company: Respected media organisation known for innovation and market presence.
- Benefits: Competitive salary, car allowance, performance bonus, and attractive benefits package.
- Other info: Permanent role with long-term career growth and a collaborative work environment.
- Why this job: Join a leading company in the media industry and drive impactful insurance strategies.
- Qualifications: ACII qualification or equivalent, strong insurance knowledge, and excellent negotiation skills.
The predicted salary is between 58500 - 71500 € per year.
The hiring organisation is a respected name in the Media industry, recognised for its innovative approach and strong market presence. As a large organisation, they are committed to delivering excellence in all aspects of their operations.
Description
- Responsible for policy renewals process across each of insurance programs encompassing 17 separate policies, including but not limited to any new policy placements and or emerging risks evaluation.
- Responsible for building and managing all stakeholder relationships (internal & external). Collaborating with key business partners, shareholders, brokers, re-insurers and insurers, ensuring timely responses to requests for information and completion of renewal template submissions and follow up responses.
- Negotiating all policy coverages to ensure they are fit for purpose, addressing coverage concerns and negotiating policies.
- Building and maintaining key insurance reports, including renewal dashboards, for audit & risk management and key stakeholders.
- Underwriting and policy management, negotiating rates and terms with insurance brokers/carriers for the renewal of policies. Assessing and evaluating business risks to determine appropriate insurance coverage. Developing and implementing insurance policies that meet business needs and or regulatory requirements. Reviewing and analysing existing policies to identify areas for improvement.
- Collaborating with the business to keep abreast of business activity and existing, new or emerging risks with potential to be mitigated under existing policies or through placement of new policies.
- Reviewing and negotiating contractual insurance obligations placed on the organisation. Instructing brokers to quote and or place appropriate insurance covers to protect the organisation.
- Compliance and risk management, ensuring compliance with all relevant regulations and industry standards. Identifying and mitigating potential risks associated with insurance policies. Keeping processes and procedures up-to-date and ensuring appropriate people are aware and able to follow the procedures. Driving process improvements and efficiencies.
- Identifying and working with the organisation to create practices and procedures that ensure insurance risks are managed effectively.
- Working with the Head of Insurance to report cover arrangements, premiums, recoveries and any other reporting requirements.
Profile
- A successful Corporate Insurance Manager should have:
- Professional qualification ACII or equivalent in one or more of the following is desirable: Insurance placement, claims management, claims investigation coordination processes.
- Experience in managing corporate insurance.
- Strong knowledge of insurance policies, claims processes, and risk management strategies.
- Excellent negotiation and relationship management skills.
- Proficiency in analysing and interpreting insurance data and reports.
- A degree or relevant qualification in insurance, risk management, or a related field.
- Ability to collaborate effectively with cross-functional teams and stakeholders.
Job Offer
- Competitive salary ranging from £58,500 to £71,500 per annum.
- Attractive benefits package, including £5,800 car allowance and a 10% performance-based bonus.
- Opportunity to work in a leading organisation within the Media & Agency industry.
- Collaborative and professional work environment.
- Permanently role offering long-term career growth and development opportunities.
If you're ready to take the next step in your career as a Corporate Insurance Manager, we encourage you to apply today.
Corporate Insurance Manager - Michael Page in London employer: Michael Page
As a leading name in the Media industry, this organisation offers a dynamic and collaborative work environment where innovation thrives. Employees benefit from a competitive salary, an attractive benefits package including a car allowance and performance-based bonuses, and ample opportunities for career growth within a large, respected company. Join a team that values excellence and fosters strong relationships across all levels, ensuring a rewarding and meaningful career path.
StudySmarter Expert Advice🤫
We think this is how you could land Corporate Insurance Manager - Michael Page in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the media industry and let them know you're on the hunt for a Corporate Insurance Manager role. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching the company thoroughly. Understand their insurance needs and challenges, and think about how your skills can help them tackle those issues. This will show you're genuinely interested and ready to contribute from day one.
✨Tip Number 3
Practice your negotiation skills! As a Corporate Insurance Manager, you'll need to negotiate policy coverages and terms. Role-play with a friend or mentor to get comfortable discussing rates and coverage options.
✨Tip Number 4
Don't forget to apply through our website! We make it easy for you to submit your application and showcase your qualifications. Plus, it helps us keep track of your application and connect with you faster!
We think you need these skills to ace Corporate Insurance Manager - Michael Page in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV reflects the skills and experiences that match the Corporate Insurance Manager role. Highlight your insurance management experience and any relevant qualifications like ACII. We want to see how you fit into our innovative approach!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about the media industry and how your background in insurance can contribute to our success. Keep it engaging and personal – we love a good story!
Showcase Your Negotiation Skills:Since negotiation is key for this role, make sure to include examples of how you've successfully negotiated policy coverages or managed stakeholder relationships. We want to know how you handle challenges and drive results!
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re keen on joining our team!
How to prepare for a job interview at Michael Page
✨Know Your Policies Inside Out
Make sure you’re well-versed in the specifics of corporate insurance policies, especially those relevant to the media industry. Brush up on the nuances of policy renewals and emerging risks, as this will show your potential employer that you’re not just familiar with the basics but can also handle complex scenarios.
✨Showcase Your Negotiation Skills
Prepare examples of past negotiations you've successfully handled. Whether it’s negotiating rates or addressing coverage concerns, having concrete examples ready will demonstrate your capability in managing stakeholder relationships and ensuring policies are fit for purpose.
✨Understand Compliance and Risk Management
Familiarise yourself with the latest regulations and industry standards related to insurance. Be ready to discuss how you’ve previously identified and mitigated risks, as this is crucial for the role. Showing that you can keep processes up-to-date will impress your interviewers.
✨Build Rapport with Stakeholders
Since the role involves collaborating with various stakeholders, practice how you would approach relationship management. Think of ways to demonstrate your ability to work effectively with cross-functional teams, and be prepared to discuss how you’ve built strong professional relationships in the past.
