Key Role in Insurance Advisory Support
This is a key role within a growing organisation, offering the right candidate an excellent opportunity to provide insurance advisory support for a wide-ranging and transformative project across the country.
Main Responsibilities
* Assess and manage key insurance risks across the organisation, procure appropriate insurance policies, and implement effective risk mitigation strategies.
* Negotiate, price, and arrange suitable insurance cover in collaboration with insurance brokers.
* Provide expert advice on all insurance matters, including recommending appropriate levels of cover.
* Support management and operational teams in determining and securing necessary insurance arrangements for various business activities.
* Engage with key stakeholders, including developers, design teams, contractors, and third parties, to address insurance-related issues and create tailored solutions.
* Assess and report on insurance risks, including uninsurable risks, and recommend suitable protection measures.
* Develop and maintain systems to capture and analyse insurance-related data across the portfolio.
* Conduct cost-benefit assessments of different insurance structures, such as Owner-Controlled vs Contractor-Controlled Insurance Programmes and Project-Specific Professional Indemnity Insurance vs Consultant/Contractor/Subcontractor policies.
* Administer and manage insurance policies effectively.
* Oversee all matters related to insurance claims.
* Assess and advise on insurance and development bond requirements.
* Review and evaluate third-party indemnity and co-insurance requests.
* Maintain regular contact with key stakeholders, including developers, contractors, design teams, tenants, management companies, and suppliers, regarding insurance considerations.
* Review the organisation's asset and project portfolio and provide expert guidance on all insurance-related matters.
* Evaluate health and safety regulations, building regulations, and other applicable legislation relevant to insurance considerations.
* Identify, manage, and mitigate insurance risks, working proactively with business units to implement and continuously improve risk mitigation measures.
* Provide insurance support and advice at all levels across the organisation.
Person Specification
* 10+ years experience in insurance advisory, specialising in construction and property insurance.
* CIP/CII qualified insurance professional.
* Experience in the placement and management of corporate and development insurances, as well as risk transfer programmes.
* Excellent relationship management skills and high-level technical proficiency to enable effective communication with relevant stakeholders.
* Strong understanding of current best practices and developments in construction and corporate insurance.
* Ability to provide practical, commercially aware insurance advice tailored to the organisation's needs.
* Excellent communicator with a proactive and innovative approach.
* Highly organised, responsive, and detail-oriented.
* Must have own car and a full, clean driving licence.