Insurance Manager

Insurance Manager

Full-Time 60000 - 75000 £ / year (est.) No working from home possible
TURNER & TOWNSEND

At a Glance

  • Tasks: Lead and manage global insurance strategies to protect against risks and losses.
  • Company: Join Turner & Townsend, a diverse and inclusive global professional services consultancy.
  • Benefits: Competitive salary, flexible working options, and opportunities for professional growth.
  • Other info: Work with a collaborative team and engage with stakeholders at all levels.
  • Why this job: Make a real impact by shaping insurance strategies in a dynamic environment.
  • Qualifications: Experience in insurance management and strong analytical skills required.

The predicted salary is between 60000 - 75000 £ per year.

The Insurance Manager is responsible for developing, implementing, and managing Turner & Townsend’s insurance strategy and approach to managing insurance risk, globally. The Insurance Manager ensures the business is adequately protected against potential losses through a cost-effective insurance programme, robust claims management, and proactive management of key risks.

This role can be based in either London or Leeds.

Insurance Programme Management
  • Lead the design, implementation, and ongoing management of Turner & Townsend’s global insurance programme, ensuring insurance coverage alignment with business needs, identified risks and legal/regulatory requirements.
  • Lead the annual insurance renewal programme, including engaging with internal stakeholders and insurance brokers and insurers, as needed.
  • Maintain accurate records of insurance policies, claims and supporting documentation.
  • Regularly review insurance policies for adequate coverage, identifying gaps and/or exclusions.
  • In conjunction with Finance, manage the overarching insurance budget and supporting forecasting of premiums and claims provisioning.
Claims Management
  • Oversee the full lifecycle of insurance claims, from initial notification through to resolution, ensuring timely and effective outcomes.
  • Act as the main point of contact for significant claims, liaising with internal and external stakeholders, including brokers and insurers, as needed.
  • Assess claims data to identify trends and root causes, working alongside the broader Risk Management team to identify opportunities for risk reduction and loss prevention.
  • Regularly report on claims/potential claims and costs incurred/provisions needed.
Business Engagement
  • Provide advice and guidance on insurance-related matters, as required; including liaising with insurance brokers on cover.
  • Advise on best practices for risk management, including contractual risk transfer and business continuity planning.
  • Work with the broader Risk Management team and other stakeholders to champion a strong risk culture, by driving ongoing awareness initiatives, L&D, etc.
  • Conduct periodic risk assessments to understand the evolving risk landscape of the business.
  • Implement risk mitigation strategies to reduce the frequency and impact of insurable losses.
  • Identify, assess and quantify insurable risks across our operations.
  • Assist with mergers and acquisitions due diligence, where necessary.
  • Remain abreast of changes in regulatory requirements, insurance markets and emerging risks impacting Turner & Townsend.
Reporting Structure
  • External business advisors including insurance brokers, insurers and lawyers.
  • Other functions in Risk Management (RM), including Enterprise Risk Management, Assurance, Legal & Contract risk, Ethics & Compliance and Data Privacy as well as the RM Board.
  • Operational teams, including Regional Managing Directors, Regional Boards, Regional RM Board reps, etc.
  • Other Central Services teams, such as Finance, HR, etc.
  • Executive leadership, including the CEO, COO and CFO.
Qualifications
  • Ideally to be professionally qualified (e.g. Cert II or similar), or an equivalent professional qualification.
  • Demonstrable insurance management experience, ideally within a global professional services consultancy and/or construction related business to ensure the necessary cover is in place and maintained at all times.
  • Demonstrable ability to design and implement a flexible and responsible insurance strategy and plan to respond to our growth strategy.
  • Familiarity and commercial awareness of relevant insurance and broking markets.
  • Efficiently and effectively communicate complex insurance topics to non-experts.
  • Ability to interact with stakeholders at all levels of the business.
  • Meticulous attention to detail and strong analytical skills.
  • Be able to work flexibly across other time zones when necessary.
  • Self-motivated, proactive and resilient.
Additional Information

SOX control responsibilities may be part of this role, which are to be adhered to where applicable.

Turner & Townsend is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees and actively encourage applications from all sectors of the community.

Insurance Manager employer: TURNER & TOWNSEND

Turner & Townsend is an exceptional employer, offering a dynamic work environment in either London or Leeds, where employees are empowered to develop and implement innovative insurance strategies that protect the business globally. With a strong commitment to employee growth, a culture of inclusivity, and opportunities for professional development, we ensure our team members thrive while contributing to meaningful projects that shape the future of risk management. Join us to be part of a collaborative team that values diversity and champions a proactive approach to insurance and risk.

TURNER & TOWNSEND

Contact Details:

TURNER & TOWNSEND Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Insurance Manager

Dive Into Industry Networking Events

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Look Out for Graduate Schemes

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We think you need these skills to ace Insurance Manager

Insurance Programme Management
Claims Management
Risk Management
Stakeholder Engagement
Analytical Skills
Attention to Detail
Communication Skills

Some tips for your application 🫡

Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.

Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.

Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at TURNER & TOWNSEND.

Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at TURNER & TOWNSEND. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.

How to prepare for a job interview at TURNER & TOWNSEND

Know Your Numbers: Insurance Fundamentals

Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at TURNER & TOWNSEND to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.

Showcase Your Analytical Side

In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!

Prepare for Behavioural Questions

As a full-timer at TURNER & TOWNSEND, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.

Know the Company Culture Inside Out

Understanding TURNER & TOWNSEND's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.