Insurance & Risk Manager

TN United Kingdom; Greater London; Hybrid; GBP 50,000 - 80,000; Full time

Job summary

An established industry player is seeking an Insurance and Risk Manager to lead risk management initiatives across multiple business units. This role involves identifying and mitigating risks, managing corporate insurance programs, and fostering a risk-aware culture within the organization. The ideal candidate will possess a strong background in risk management, with experience in construction and engineering projects. Join a dynamic team that values collaboration and innovation, offering flexible work options and a supportive environment for professional growth. This is an exciting opportunity to make a significant impact in a forward-thinking company.

Benefits

Flexible Work Options

Up to 10% Employer Pension Contribution

Private Medical Health Benefit

Enhanced Parental Leave

Life Assurance

25 Days Annual Leave

3 Days Wellbeing Leave

Health and Wellbeing Support

24/7 Employee Assistance Programme

Discounted Gym Membership

Qualifications

• Degree or tertiary qualification in relevant fields is desirable.
• Highly experienced in risk management or associated fields.

Responsibilities

• Manage all aspects of the corporate insurance program.
• Develop and oversee risk management strategies and policies.
• Engage with business leadership to promote risk-aware culture.

Skills

Risk Management

Insurance Management

Data Analysis

Stakeholder Engagement

Compliance

Education

Degree in Economics, Finance, Engineering, or Law

Industry Recognized Specialist Qualifications

Tools

Risk Toolkit

Data Management Systems

Job description

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Bovis builds enduring partnerships, bringing together the right expertise, the right capabilities and the right resources to deliver the most complex projects.

We know from decades of experience that successful delivery of multi-year complex projects requires close working relationships and collaboration through the supply chain. That’s why we share risk and invest in people and relationships at every level.

We make things happen, anticipating challenges before they arise. Drawing on our highly experienced, multi-disciplinary teams, we bring a fresh perspective, tailoring our approach to the specific demands of the project, helping to simplify complexity and minimise risk.

What we are recruiting for:

The primary role of the Insurance and Risk Manager is responsibility for identifying, evaluating, and mitigating risks to Bovis, whilst managing all aspects of the corporate insurance programme.

• Providing and overall accountability as the risk and insurance representative to the construction Executive Leadership Team.
• Nurturing a risk aware culture throughout the company’s operations and leading the implementation of risk and insurance initiatives across the business units (BU’s).
• Engaging strategically with business leadership across the company.
• Ensuring insurable risks are transferred to the insurance market in a cost-efficient manner and leading and directing the insurance management (risk identification, policy management and claims management) across the business.
• Working under the direction of the Executive Director, Commercial and Assurance to ensure risk and insurance policies, procedures, strategies and programs for the business are effectively implemented and managed.

Risk

• Actively partner with the business to provide pro-active risk management (strategic and tactical), which includes attending business / project reviews, providing input and assessments of risk, and running / facilitating risk workshops to support the regional strategy, operational performance and execution against business plan.
• Be the ultimate point of contact for the “Risk Toolkit” (techniques, templates and IT tools and software) and ensure they are effectively used.
• Ensure consolidation of risk and opportunity reporting and data analysis and ensure accurate and timely reporting for the regional business units.
• Regularly engage with the BU Leadership Teams to provide updates, feedback and advice regarding risk performance as required.
• Develop, review and monitor the risk management strategy, policies, reporting, practices and standards to drive implementation, recommending strategies and promoting enhancement.
• Work closely with the business to develop and oversee the effective implementation of the Risk Management Strategy and Plan.
• Direct activities to ensure the business units implement a standardised risk management process, including a common way to identify, evaluate and manage risk in accordance with the risk management framework.
• Engage with ISO audit teams to consolidate risk management data.
• Advance the continued implementation, engagement and training on business continuity and crisis management, including the preparation (with the businesses) of plans, training and simulation exercises.
• Formulate and conduct Risk training as appropriate to the business and stakeholders.
• Drive innovation in risk management and continuous improvement initiatives across the business.
• Support regional risk and insurance team members in the execution of their roles

Insurance

• Maintain strategic relationships with key insurance partners in the region and ensure the broking services are delivered in line with business unit expectations.
• Develop and execute individual insurance strategies for developments and key risks.
• Manage all insurance programs in the business and work closely with the appointed brokers.
• Collate data in a timely and accurate manner for insurance placements and annual renewal.
• Develop and manage the process for day-to-day insurance queries and ensure appropriate support is provided by the external broker.
• Overall accountability for Insurance strategies and initiatives.
• Ensure appropriate resources are allocated to administer and manage claims, including management of data management systems.
• Overall responsibility for timely resolution of claim matters.
• Prepare and distribute insurance reporting, including data analysis to key stakeholders (internal and external).
• Engage with the business to formulate and conduct training as appropriate to stakeholders.
• To Evaluate, procure and manage the Bovis Insurance Programme whilst working with our Broking Partner and Insurers to negotiate renewals and terms for new project policies and other annual insurance policy considerations.

Compliance & Reporting

• Ensure compliance with all insurance-related regulatory requirements.
• Prepare risk management and insurance reports for the Construction Executive Leadership Team
• Stay updated on changes in Insurance Laws and Regulations.

Training & Communication

• Promote a risk-aware culture through internal communications and training programs.
• Collaborate with internal departments to integrate risk management strategies into operational processes.

Experience & background:

• Degree or tertiary qualification in Economics, finance, engineering, law or equivalent (desirable)
• Industry recognised specialist qualifications
• Recognised training scheme
• Highly experienced in risk management or associated fields
• Experience as a Senior Lead at focusing on risk management, ideally on construction and engineering projects.

We will provide:

• Flexible and hybrid work options
• Up to 10% employer pension contribution
• Private medical health benefit
• Enhanced parental leave
• Life assurance
• 25 days annual leave with the option to buy or sell additional days
• 3 days wellbeing leave in addition to annual leave
• Health and wellbeing support and initiatives
• 24/7 confidential Employee Assistance Programme including direct access to Talking Therapies and Coaching services
• Discounted gym membership to over 2,500 gym’s nation wide

Belong at Bovis

We offer workplaces that unite diverse minds; where respect, equal treatment and equal opportunity are just the norm. We are a disability inclusive employer. If you need any adjustment or changes to the process, email us to let us know if you have a preferred communication method.

We build careers, develop skills, and invest in people. Imagine what more you can do here.

Bovis is committed to being a diverse and inclusive employer of choice by engaging, enabling and empowering our people. All qualified applicants will receive consideration for employment, and we are happy to consider flexible working arrangements. Inclusion sets us all up for success and we particularly encourage applications from currently under-represented groups in our industry including those who self-identify as women, black, Asian, minority ethnic, lesbian, gay, bisexual, transgender and/ or disabled.

Bovis
Building Relationships

We do what’s right, always

We succeed together

We bring energy

We are Bovis

Lendlease is committed to being a diverse and inclusive employer of choice by engaging, enabling and empowering our people. All qualified applicants will receive consideration for employment and we are happy to consider flexible working arrangements. Inclusion sets us all up for success and we particularly encourage applications from currently under-represented groups in our industry including those who self-identify as women, black, Asian, minority ethnic, lesbian, gay, bisexual, transgender and/ or disabled.