At a Glance
- Tasks: Manage corporate insurance policies and handle claims while ensuring compliance with regulations.
- Company: Join Vitality, a company dedicated to health and well-being with a vibrant culture.
- Benefits: Enjoy hybrid work, bonus schemes, health insurance, and a pension plan up to 12%.
- Why this job: This role offers growth opportunities, a supportive environment, and the chance to make a real impact.
- Qualifications: Experience in corporate insurance management and strong analytical skills are essential.
- Other info: Flexible working hours and a commitment to your personal and professional development.
The predicted salary is between 36000 - 60000 £ per year.
About The Role Team – Sourcing Working Pattern – Hybrid – 2 days per week in the Vitality Bournemouth Office. Full time, 35 hours per week. Top 3 skills needed for this role: A keen eye to learn Experience in a Commercial role Strong attention to details, the role covers Vitality’s large Corporate renewals for the year What this role is all about: The Corporate Insurance Manager has direct duty for Group Insurance for the organisation, to ensure the right levels of cover are in place to protect the organisation. This includes the management of new policies, existing policies, and any associated claims. We would be looking for someone who is familiar and comfortable dealing with large Corporate renewals or has previous experience in Commercial related roles. While prior procurement experience is beneficial, we are committed to developing talented individuals who are eager to learn and grow in this field. Key Actions Risk assessment and analysis: Identification and evaluation of potential risks to the company’s assets, operations, and personnel, and evaluation of these in terms of impact and likelihood. Addressing these risks by ensuring that the appropriate risk management strategy is adopted to mitigate or transfer risks through insurance or other means. Policy selection and management: Steer on the selection of the most appropriate insurance policies for Vitality’s needs, by conducting research, comparing insurance options from various provider and negotiating key policy terms conditions. This ensures there is an appropriate level of coverage for the business. Maintain and manage the corporate insurance policy renewal cycle. Compliance with insurance regulations: Ensure that Vitality’s corporate insurance program meets all legal and disclosure requirements, through knowledge of insurance laws and regulations, as well as coordination with the legal department for further support. Claims handling and processing: Be the point of contact for all corporate insurance claims, ensuring oversight of the submission process, liaising with insurance providers/brokers during claim investigations, settling claims in a timely and fair manner, and analysis of claims data to identify trend and areas for improvement. Stakeholder Management and Communication Foster relationships with insurance partners, including fee/commission arrangements, negotiation of favourable terms and pricing, and coordination of policy updates information exchange. Be a point of contact for all insurance related queries, dealing with a multitude of internal stakeholders and advising on best practice. What do you need to thrive? Possess knowledge and experience in corporate insurance management implementation primarily in a General Insurance corporate coverage. Be adept at thinking logically and analytically, with the ability to effectively understand, summarise, and make recommendations on complex subjects. Be able to communicate, influence, and network with stakeholders at all levels, both internally and externally. Possess a great attention to detail and a strong desire to seek ways to deliver continuous improvement. Confidence to challenge choices made by others. Possess a positive level of proficiency of desktop applications including Excel, Word, SharePoint and Powerpoint So, what’s in it for you? Bonus Schemes – A bonus that regularly rewards you for your performance A pension of up to 12%– We will match your contributions up to 6% of your salary Our award-winning Vitality health insurance – With its own set of rewards and benefits Life Assurance – Four times annual salaryThese are just some of the many perks that we offer! To view the extensive range of benefits we offer, please visit our careers page. Fantastic Benefits. Exciting rewards. Great career opportunities! If you are successful in your application and join us at Vitality, this is our promise to you, we will: Help you to be the healthiest you’ve ever been. Create an environment that embraces you as you are and enables you to be your best self. Give you flexibility on how, where and when you work. Help you advance your career by playing you to your strengths. Give you a voice to help our business grow and make Vitality a great place to be. Give you the space to try, fail and learn. Provide a healthy balance of challenge and support. Recognise and reward you with a competitive salary and amazing benefits. Be there for you when you need us. Provide opportunities for you to be a force for good in society.We commit to all these things because we want you to feel that you belong, and are supported to be happy and healthy. If we are fortunate in receiving a high volume of quality applications we may need to close this vacancy early. If you are interested, please submit your application as soon as possible
Corporate Insurance Manager employer: Vitality
Contact Detail:
Vitality Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Corporate Insurance Manager
✨Tip Number 1
Familiarize yourself with the latest trends and regulations in corporate insurance. This will not only help you understand the role better but also show us that you're proactive and knowledgeable during discussions.
✨Tip Number 2
Network with professionals in the insurance industry, especially those who have experience with corporate renewals. Engaging with them can provide you with valuable insights and potentially useful connections.
✨Tip Number 3
Prepare to discuss specific examples of how you've managed risks or handled claims in previous roles. We appreciate candidates who can demonstrate their analytical thinking and attention to detail through real-life scenarios.
✨Tip Number 4
Show your enthusiasm for continuous improvement by sharing ideas on how corporate insurance processes can be enhanced. This will highlight your proactive mindset and alignment with our values at Vitality.
We think you need these skills to ace Corporate Insurance Manager
Some tips for your application 🫡
Understand the Role: Make sure to thoroughly read the job description for the Corporate Insurance Manager position. Highlight key responsibilities and required skills, such as risk assessment, policy management, and stakeholder communication.
Tailor Your CV: Customize your CV to reflect your experience in corporate insurance management and commercial roles. Emphasize your attention to detail and any relevant achievements that demonstrate your ability to handle large corporate renewals.
Craft a Compelling Cover Letter: Write a cover letter that showcases your enthusiasm for the role and how your background aligns with the company's needs. Mention specific experiences that relate to risk assessment, claims handling, and compliance with insurance regulations.
Highlight Continuous Improvement: In your application, emphasize your desire for continuous improvement and learning. Provide examples of how you've successfully implemented changes or improvements in previous roles, particularly in insurance or related fields.
How to prepare for a job interview at Vitality
✨Show Your Knowledge of Corporate Insurance
Make sure to brush up on your understanding of corporate insurance management and the specific policies relevant to the role. Be prepared to discuss how you would assess risks and select appropriate insurance policies for a company like Vitality.
✨Demonstrate Attention to Detail
Since strong attention to detail is crucial for this position, be ready to provide examples from your past experiences where your meticulousness made a difference. Highlight any instances where you successfully managed complex data or documentation.
✨Prepare for Stakeholder Management Questions
Expect questions about how you would handle relationships with various stakeholders. Think of examples where you effectively communicated and negotiated with partners or internal teams, showcasing your ability to influence and network.
✨Express Your Eagerness to Learn
Vitality values individuals who are eager to learn and grow. Be sure to convey your enthusiasm for the role and your willingness to develop your skills further, especially in areas like procurement and claims handling.