At a Glance
- Tasks: Manage corporate insurance policies and build strong stakeholder relationships.
- Company: Respected media organisation known for innovation and excellence.
- Benefits: Competitive salary, car allowance, performance bonus, and attractive benefits package.
- Other info: Collaborative work environment with opportunities for professional development.
- Why this job: Join a leading company in the media industry with long-term career growth.
- Qualifications: Professional insurance qualification and strong negotiation skills required.
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: Ensure compliance with all relevant regulations and industry standards. Identify and mitigate potential risks associated with insurance policies. Keep processes and procedures up-to-date and ensure appropriate people are aware and able to follow the procedures. Drive process improvements and efficiencies. Identify and work with the organisation to create practices and procedures that ensure insurance risks are managed effectively. Work with 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.
- Permanent 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 employer: NACBA
As a leading name in the Media industry, this organisation offers an exceptional work environment that fosters collaboration and professional growth. Employees benefit from a competitive salary, an attractive benefits package including a car allowance and performance-based bonuses, and the opportunity to develop their careers within a large, innovative company committed to excellence. With a focus on employee development and a culture that values strong stakeholder relationships, this is an ideal place for those seeking meaningful and rewarding employment.
StudySmarter Expert Advice🤫
We think this is how you could land Corporate Insurance Manager
✨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 that you're not just another candidate, but someone who genuinely cares about their success.
✨Tip Number 3
Practice your negotiation skills! Since this role involves negotiating policy coverages, be ready to discuss your approach to negotiations during interviews. Share examples of how you've successfully navigated tough discussions in the past.
✨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 all the amazing talent looking to join our team.
We think you need these skills to ace Corporate Insurance Manager
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Corporate Insurance Manager role. Highlight your experience in managing corporate insurance and any relevant qualifications like ACII. We want to see how your skills match what we're looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this role. Mention your negotiation skills and experience with stakeholder management, as these are key for us.
Showcase Your Achievements:Don’t just list your responsibilities; showcase your achievements! If you've improved processes or saved costs in previous roles, let us know. We love seeing how you’ve made a difference in your past positions.
Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It helps us keep track of your application and ensures you don’t miss out on any important updates from us!
How to prepare for a job interview at NACBA
✨Know Your Policies Inside Out
Make sure you’re well-versed in the various insurance policies relevant to the role. Familiarise yourself with the specifics of policy renewals, emerging risks, and compliance requirements. This will not only show your expertise but also demonstrate your commitment to understanding the organisation's needs.
✨Showcase Your Negotiation Skills
Prepare examples of past negotiations where you successfully secured favourable terms or resolved coverage concerns. Be ready to discuss your approach to negotiating with brokers and insurers, as this is a key part of the Corporate Insurance Manager role.
✨Build Rapport with Stakeholders
Think about how you can establish strong relationships with both internal and external stakeholders. During the interview, highlight your experience in managing these relationships and how you’ve collaborated with cross-functional teams to achieve common goals.
✨Demonstrate Analytical Thinking
Be prepared to discuss how you analyse and interpret insurance data and reports. Bring examples of how your analytical skills have led to improved insurance practices or risk management strategies in your previous roles. This will show that you can contribute to the organisation’s success through informed decision-making.
