At a Glance
- Tasks: Lead and manage global insurance strategies to protect the business from risks.
- Company: Join Turner & Townsend, a leader in risk management and insurance solutions.
- Benefits: Competitive salary, flexible working options, and opportunities for professional growth.
- Other info: Work in a dynamic environment with a focus on innovation and collaboration.
- Why this job: Make a real impact by safeguarding the company against potential losses.
- Qualifications: Experience in insurance management and strong analytical skills required.
The predicted salary is between 60000 - 80000 £ 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 makes sure 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;
- Leading 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.
Insurance Manager in London employer: TURNER & TOWNSEND
Turner & Townsend is an exceptional employer, offering a dynamic work environment in either London or Leeds, where innovation and collaboration thrive. With a strong focus on employee development, we provide ample opportunities for growth and advancement within the insurance sector, alongside a comprehensive benefits package that supports work-life balance and well-being. Join us to be part of a forward-thinking team dedicated to excellence in managing insurance risk globally.
StudySmarter Expert Advice🤫
We think this is how you could land Insurance Manager in London
✨Dive Into Industry Networking Events
Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.
✨Use LinkedIn to Your Advantage
Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like TURNER & TOWNSEND). A thoughtful message explaining your interest can really make a difference!
✨Look Out for Graduate Schemes
Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.
✨Leverage Your Current Connections
Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like TURNER & TOWNSEND. Don’t shy away from asking for a coffee chat; you never know what doors it might open!
We think you need these skills to ace Insurance Manager in London
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.
