Insurance Senior Advisor

Posted 05 June 2024
Salary £60000 - £69000 per annum
Job type Permanent
Discipline Finance
Contact NameEavan Fitzpatrick

Job description

We are partnered with a growing international Oil and Gas company who are looking for a Insurance Senior Advisor to join their London Team. In this role you will be supporting the delivery of insurance programmes, providing advice and support to various parts of the business on all insurance matters.

In this role you will be:

  • Supporting the development of group wide business unit and project specific insurance programmes.
  • Managing Group's policies utilising the global broking network to ensure compliance with local legislative requirements and consistency across the Group.
  • Supporting the negotiation of premium terms and policy wordings in conjunction with the global insurance broker.
  • Sourcing relevant insurance information required from business and corporate units for policy renewals and other insurance purposes.
  • Coordinating a structured schedule of insurance risk engineering and valuation surveys and implementation of any recommendations arising from the surveys.
  • Assisting the project and legal teams across the group in relation to insurance clauses contained within tenders, project bids, joint ventures and other formal legal agreements.
  • Preparing presentations to underwriters during the annual renewal process and in accordance with the renewal strategy for specific policies.
  • Working with Group Treasury in respect of premium and other insurance payments, claim reimbursements and other insurance cash flows.

You will need:

  • Experience and knowledge of insurance and risk management within Oil & Gas, Engineering, Construction or a similar sector.
  • Strong understanding of risk management and insurance markets, systems, processes, products and policies.
  • Part or fully qualified with Chartered Insurance and/or Business Continuity Management qualification.
  • Strong exposure to a broad range of insurance products, policies, and markets.
  • Good exposure to management and principles of insurance cover across multiple policy lines and management of policies and premium allocation to Group entities depending on local regulatory requirements.

Inventum Group is passionate about equity, diversity and inclusion. We seek individuals from the widest talent pool and encourage underrepresented talent to apply for vacancies with us. We are committed to recruitment processes that are fair for all, regardless of background and personal characteristics. If you require any adjustments to apply for a role with us, please let us know in whatever way suits you best. Inventum Group is a Recruitment and ED&I Consultancy Business.

Inventum Group is acting as an Employment Agency in relation to this vacancy.