At a Glance
- Tasks: Manage insurance arrangements and support risk management across the business.
- Company: Fast-growing, private equity-backed company with an innovative culture.
- Benefits: Competitive compensation, dynamic work environment, and inclusive team.
- Other info: Opportunity for career growth in a fast-paced environment.
- Why this job: Join a talented international team and make a real impact in insurance management.
- Qualifications: Experience in insurance management and strong analytical skills required.
The predicted salary is between 63000 - 77000 £ per year.
Role Overview
The Insurance Manager is responsible for managing the group’s insurance arrangements, ensuring appropriate cover is in place, and supporting effective risk management across the business.
The role works closely with internal stakeholders, brokers, insurers, legal, finance, and operational teams to review exposures, negotiate cover, manage renewals, and handle claims efficiently.
- Job Title
- Insurance Manager
- Location
- London
Role Overview
The Insurance Manager is responsible for managing the group’s insurance arrangements, ensuring appropriate cover is in place, and supporting effective risk management across the business.
The role works closely with internal stakeholders, brokers, insurers, legal, finance, and operational teams to review exposures, negotiate cover, manage renewals, and handle claims efficiently.
Key Responsibilities
- Manage the group’s insurance portfolio, including renewals, placements, endorsements, and mid-term adjustments.
- Review contractual insurance obligations and ensure policies meet business, lender, and regulatory requirements.
- Work with brokers and insurers to obtain cost-effective and appropriately structured cover.
- Identify new and emerging risks, and recommend suitable mitigation and insurance solutions.
- Oversee claims management, including notification, documentation, negotiation, and resolution.
- Maintain accurate records of policies, claims, premiums, and insurance-related reporting.
- Liaise with finance, legal, operations, procurement, and senior management on insurance matters.
- Monitor market developments, policy changes, and regulatory updates that may affect insurance strategy.
- Support audits, governance processes, and compliance checks related to insurance coverage and documentation.
- Contribute to the development of insurance procedures, controls, and risk management frameworks.
Essential Requirements
- Required Qualifications and Experience
- Proven experience in insurance management, risk management, underwriting, broking, or a related field.
- Strong understanding of corporate insurance programmes, claims handling, and policy wording.
- Ability to analyse risk, negotiate effectively, and manage competing priorities.
- Strong attention to detail and confident use of data, reporting, and document management tools.
- Experience working with contracts, finance teams, and external advisers is highly desirable.
- Preferred Qualifications
- Degree in Business, Finance, Law, Risk Management, or a related discipline.
- Professional insurance or risk qualification from Chartered Insurance Institute or Institute of Risk Management is advantageous.
- Relevant industry experience may be considered in place of formal qualifications.
- Technical Skills
- Key Skills and Competencies
- Strong analytical and problem-solving abilities
- Excellent attention to detail
- Leadership And Communication
- Excellent stakeholder management and communication skills
- Strong presentation and written communication skills
- Business Acumen
- Understanding of business strategy and commercial operations
- Ability to work under pressure and meet tight deadlines
- Strong project management and organizational skills
- Adaptability to work in fast-paced, changing environments
What We Offer
- Opportunity to be part of a fast-growing, private equity-backed company.
- A dynamic, innovative, and inclusive working environment.
- Competitive compensation and benefits package.
- The chance to work with a talented and ambitious international team.
- #J-18808-Ljbffr
Insurance Manager employer: Verne
Verne is an exceptional employer that fosters a collaborative and innovative work culture, making it an ideal place for professionals passionate about engineering and design. With a strong focus on employee growth, we offer continuous learning opportunities and the chance to lead impactful projects in the dynamic data centre sector across France. Our commitment to quality and compliance ensures that you will be part of a team that values excellence and integrity in every project.
StudySmarter Expert Advice🤫
We think this is how you could land Insurance Manager
✨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 Verne). 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 Verne. 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
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 Verne.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Verne. 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 Verne
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Verne 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 Verne, 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 Verne'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.
