You will be joining the “in house” team of a major Ftse listed transport group. There will be an emphasis on internal reporting, fixed costs, retained losses and other key performance indicators. There will be a particular focus on the North American program and the captive- related policies, policy management, including any Loss Portfolio Transfer (LPT) contemplated.
Provide advice and guidance to Group Insurance Director and Vice President of Risk and Insurance on all aspects of the financial management of the NA self-insurance and insurance programmes including the budget and forecasting process for NA insurance – ensuring alignment with divisional finance teams at all times.
Lead on Group Insurance reporting requirements, act as a critical sounding board for KPI development, standard reporting, and TPA performance management.
Run the monthly operating review for insurance.
Own the Insurance Pricing Bid model, ensuring costs and trends are regularly reviewed and updated. Support for non-standard insurance pricing requirements.
Support any budget & forecast models provided to the divisions to forecast/budget insurance costs.
Seek opportunities to optimize insurance overhead costs and build business cases when required, to support investment and other key decisions.
Support North American sale process regarding the Captive/Insurance elements – manage policy data requirements for NIIC reviews, and/or potential sale, legal work to execute de-risk or sale of losses. Provide input to the Sale and Purchase Agreement.
Provide Insurance support (bench strength) to the FGA and plc team as required during renewals, audits and policy reviews.
Support year end filings for the NA Captive.
Skills & Experience Required;-
Qualified accountant or significant financial accounting experience, Insurance or Risk qualification an advantage..
Minimum 10 years post qualified experience. Prior experience within insurance environment essential. .
Strong financial management experience.
Understanding of risk frameworks and claims management activity.
Exposure to Captive and LPT transactions and advantage but not essential.
Excellent reporting skills.
Significant exposure to insurance, risk and claims management * Ability to flex across wide range of activity regarding insurance and risk finance * Used to working with/and against competing Insurance/Broker and Business agendas * Project management experience is an advantage
Risk Management roles in the Lloyd's Market and various insurance companies-handle vacancies which range from Senior Risk Analyst up to CRO's. Heavy focus on ERM and Operational risk. Insurance & Risk Management roles for "in house teams at corporate organisations, including Ftse listed enterpri...View my profile