Insurance and Risk Manager in City of London

£80000 - £90000 - hybrid working

Westminster - permanent

Randstad are currently working in partnership with a market leading educational business based in Westminster to recruit an experienced, knowledgeable and qualified Insurance and Risk Manager.

They are seeking an experienced, driven and motivated Insurance and Risk professional to join their already well established team within their office. This dynamic individual will be responsible for managing the business' commercial insurance programme and providing appropriate support on the risk management framework. This role would suit a candidate with considerable experience working in a global corporate insurance and risk environment in a private equity backed business.

This role is pivotal to assisting the Group Risk Officer to develop a strategic service plan to ensure that the business' insurance programme is run as efficiently as possible.

Key responsibilities of the Insurance and Risk Manager will include:

• Working with brokers and the wider business to gather and review renewal information.
• Handling insurance queries from the business as required.
• Work with the business to develop practices to ensure risks are managed effectively from an insurance perspective.
• Lead the commercial insurance renewal process to ensure it is cost effective and the business has appropriate policy cover in place.
• Ensure appropriate commercial insurance is in place for newly acquired elements of the business.
• Oversee the issuance of documentation / certificates following renewal to ensure these are received in good time by all departments.
• Manage the claims process (through brokers) so insurers have sufficient information to investigate and claims are progressed in a timely manner.
• Assist senior management to develop a strategic service plan to ensure that the insurance programme is run as efficiently as possible.
• Identify new insurable risks within the business and make recommendations on how the commercial insurance programme can be managed more effectively.
• Assist with the design, implementation and maintenance of the risk management framework.
• Maintaining risk registers, principally by ensuring they are updated by risk owners and by critically evaluating assessments made by them.
• Facilitating workshops with risk owners and business units as necessary to ensure that key areas of risk exposure across the business have been identified.
• Assisting business units to respond effectively to new areas of risk, such as identifying potential controls and mitigations.
• Assisting in the production of reports to the Board, Audit and Risk Committee and Sub-Committee on Risk.

The ideal Insurance and Risk Manager will possess the following attributes/skills:

• Demonstrable experience of managing commercial insurance programmes in global organisations, including a successful track record of handling negotiations with internal clients, brokers and insurers.
• Knowledge of policy wordings and an understanding of contract law.
• Strong focus on results / outcomes.
• Good project management skills.
• Understanding of risk management and ability to persuade others to follow best practice.
• Excellent communication skills and good team player.
• Numerate and articulate.
• Ability to introduce and manage change in corporate practices.
• ACII professional qualification.
• Strong claims handling experience.
• Excellent software skills, particularly Microsoft Excel.

This is an attractive opportunity for an Insurance and Risk Manager at an exciting time for an expanding international business.

If you are interested in the role of Insurance and Risk Manager please do not hesitate to apply today.

Randstad Financial & Professional encourage applications from individuals of all ages & backgrounds. Appointment will be made on merit alone but candidates must be able to demonstrate their ability to work in the UK. Randstad Financial & Professional acts as an employment agency for permanent recruitment & an employment business for temporary recruitment as defined by the Conduct of Employment Agencies & Employment Business Regulations 2003.