Group Insurance Manager

Group Insurance Manager

Exeter Full-Time 43200 - 72000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Lead the insurance function and manage claims for the Group.
  • Company: Join Pennon Group, a leader in water and renewables, committed to sustainability.
  • Benefits: Enjoy generous holidays, bonuses, pension schemes, and more perks!
  • Why this job: Be part of a dynamic team driving progress in a meaningful industry.
  • Qualifications: CII qualified with significant insurance experience, especially in regulated industries.
  • Other info: Diversity is our strength; we celebrate uniqueness and foster inclusion.

The predicted salary is between 43200 - 72000 £ per year.

Bristol or Exeter /Finance and Commercial /Permanent full-time

At Pennon Group , we’re proud to be leading the way in the water and renewables industries. Alongside our subsidiaries – South West Water, Bristol Water, Bournemouth Water, Pennon Water Services and Pennon Power – we’re committed to delivering a sustainable future for our region. Because we know that by continually driving up our standards today, we’ll build a better tomorrow for our communities.

We currently have an opportunity for an experienced and driven Group Insurance Manager to join our Finance in either Exeter or Bristol. You will receive a competitive salary plus a generous car allowance and excellent benefits package.

About the role:

Reporting to the Director of Risk and Assurance, you will be responsible for the management of all insurance activities across the Group, including providing claims handling services for the Group’s captive insurer. This is a broad and varied role that will provide exposure to, and interaction with, senior leaders from across the Group as well as line management responsibility.

What you’ll be doing:

  • Leading the Insurance function, including leadership of the team.
  • Maintaining and evaluating the Group’s insurance programme, ensuring there is adequate current and future coverage in line with the Group’s risk profile and risk appetite.
  • Leading and executing the end-to-end annual insurance renewal process, working closely with the Group’s brokers.
  • Maintaining effective relationships with stakeholders including brokers, insurers, loss adjusters, and other key third parties.
  • Handling and management of claims (including public liability, property, motor, and employer’s liability) on behalf of the Group and the Group’s captive insurer. This may involve high-profile and complex claims.
  • Providing appropriate advice and guidance including opportunities to mitigate risk based on claims data and trends.
  • Ensuring the completeness and accuracy of insurance and claims data within the Group’s risk management information system.
  • Attending insurer site and loss prevention surveys and monitoring the implementation of associated recommendations.
  • Attending and presenting at the captive Board meetings.
  • Preparing insurance reports for the Director of Risk and Assurance to support internal reporting.
  • Providing oversight of the non-fault recovery process.
  • Maintaining up to date with sector-related developments and representation at relevant forums and events.

What we are looking for:

  • Chartered Insurance Institute (CII) qualified
  • Significant insurance experience, ideally within an in-house function
  • Experience in the water, utility, or other asset-based regulated industry.
  • Complex claims handling experience across property, employer’s liability, public liability, and motor insurance lines
  • Experience in delivering an insurance renewal process.
  • Knowledge and understanding of captive insurance arrangements and policies.
  • Ability to effectively prioritise and deliver multiple activities to defined deadlines.
  • Ability to effectively motivate and lead teams.
  • Ability to communicate with key stakeholders, including senior leaders.
  • Knowledge of risk management information systems.

What’s in it for you:

We know that the support and commitment of our staff is key to our success, so you will receive the opportunity for ongoing development and training for a long-term career with us. We’re one of the largest companies in the South West and are proud to have been awarded Investors in People recognition. In return, we offer an excellent range of benefits including:

  • Generous holiday allowance plus bank holidays
  • A discretionary Bonus
  • Competitive Contributory Pension
  • Share-save Scheme
  • A range of Group Discounts
  • Cycle to Work Scheme
  • Financial support services
  • And plenty more!

Closing Date: Monday 3rd March, 2025

Be yourself, we like it that way. Together, we will build a culture of belonging, where inclusion is instinctive. Diversity is our strength and a reflection of our communities. We care, we value everyone, we celebrate uniqueness.

Our core values which are essential to our success are:

Be Rock Solid – Build trust and be trusted. Be the one we all look to and can depend on.

Be You – We want you to bring your best every day. Be yourself and make your mark in your individual way.

Be the Future – Embrace change. Drive Progress. Own the challenge.

We’re always pleased to hear from talented people. So if you have any questions about the opportunities that we have available, or if there’s anything else you’d like to know before you apply (or indeed during the application process), please don’t hesitate to send your details to our Talent Acquisition Team.

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Group Insurance Manager employer: South West Water Limited

At Pennon Group, we pride ourselves on being a leading employer in the water and renewables sectors, offering a dynamic work environment in either Bristol or Exeter. Our commitment to employee development is reflected in our Investors in People recognition, alongside a competitive salary, generous benefits package, and a culture that values diversity and inclusion. Join us to be part of a forward-thinking team where your contributions will help shape a sustainable future for our communities.
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Contact Detail:

South West Water Limited Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Group Insurance Manager

✨Tip Number 1

Familiarize yourself with the specific insurance needs of the water and utility sectors. Understanding the unique challenges and regulations in these industries will help you stand out as a candidate who is not only qualified but also knowledgeable about the field.

✨Tip Number 2

Network with professionals in the insurance and utilities sectors. Attend industry events or forums where you can meet key stakeholders, such as brokers and insurers, to build relationships that could benefit your application and future role.

✨Tip Number 3

Prepare to discuss your experience with complex claims handling in detail. Be ready to share specific examples of how you've managed high-profile claims, as this will demonstrate your capability to handle the responsibilities of the Group Insurance Manager role.

✨Tip Number 4

Showcase your leadership skills by highlighting any previous experience leading teams or projects. The ability to motivate and guide a team is crucial for this role, so be prepared to discuss your leadership style and successes.

We think you need these skills to ace Group Insurance Manager

Chartered Insurance Institute (CII) qualification
Significant insurance experience in an in-house function
Complex claims handling across property, employer’s liability, public liability, and motor insurance lines
Experience in delivering an insurance renewal process
Knowledge of captive insurance arrangements and policies
Ability to effectively prioritize and deliver multiple activities to defined deadlines
Leadership and team motivation skills
Strong communication skills with key stakeholders, including senior leaders
Knowledge of risk management information systems
Relationship management with brokers, insurers, and loss adjusters

Some tips for your application 🫡

Understand the Role: Take the time to thoroughly read the job description for the Group Insurance Manager position. Understand the key responsibilities and required qualifications, as this will help you tailor your application effectively.

Highlight Relevant Experience: In your CV and cover letter, emphasize your significant insurance experience, particularly in complex claims handling and any relevant experience within the water or utility sectors. Use specific examples to demonstrate your expertise.

Showcase Leadership Skills: Since the role involves leading a team, make sure to highlight your leadership experience. Discuss how you've motivated teams in the past and any successful projects you've led that relate to insurance management.

Tailor Your Application: Customize your cover letter to reflect Pennon Group's values and culture. Mention how you align with their core values like being 'Rock Solid' and 'Embracing Change', and express your enthusiasm for contributing to a sustainable future.

How to prepare for a job interview at South West Water Limited

✨Showcase Your Insurance Expertise

Be prepared to discuss your significant insurance experience, especially in complex claims handling. Highlight specific examples from your past roles that demonstrate your ability to manage various types of insurance lines effectively.

✨Demonstrate Leadership Skills

Since the role involves leading the Insurance function, be ready to share your experiences in motivating and managing teams. Discuss how you have successfully led projects or initiatives in previous positions.

✨Understand the Company’s Risk Profile

Familiarize yourself with Pennon Group's risk profile and appetite. Be prepared to discuss how you would maintain and evaluate the Group’s insurance program in alignment with these factors.

✨Engage with Stakeholders

Prepare to talk about your experience in building effective relationships with key stakeholders such as brokers and insurers. Share examples of how you have communicated and collaborated with senior leaders in your previous roles.

Group Insurance Manager
South West Water Limited
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