Insurance & Risk Manager

IPS Group Limited; West Midlands Combined Authority; Hybrid; GBP 50,000 - 70,000; Full time

Job summary

A public sector organization is seeking a Senior Insurance and Risk Manager to oversee the insurance strategy and manage a team. The role involves leading the risk finance strategy and ensuring value from contracts. Ideal candidates will have extensive insurance experience, especially within the public sector. Competitive salary with benefits, and flexibility for home working is offered.

Benefits

Competitive salary

Enhanced holiday benefits

Pension benefits

Qualifications

• Extensive insurance experience in an in-house insurance role or in broking/underwriting, ideally with exposure to the public sector.

Responsibilities

• Lead the management of the risk finance strategy and insurance arrangements.
• Manage contracts for broker services to ensure value for money.
• Act as Budget Manager for the Insurance service.
• Provide high-level professional insurance advisory services.
• Ensure all regulatory requirements are met.

Skills

Insurance experience

Management skills

Stakeholder engagement

Problem-solving

Job description

Overview

My client, a key part of the public sector, has a new opportunity for an Insurance and Risk Manager in a multi-faceted role. You will be the most senior point within the insurance division, responsible for the insurance strategy, purchasing and claims, while also managing a small team of 3 insurance professionals who deliver insurance services.

Responsibilities

• Lead the management of the risk finance strategy and insurance arrangements for the organisation, its subsidiary organisations, and external organisations.
• Manage contracts associated with the risk finance strategy to ensure value for money from brokers, insurers, agents, solicitors and loss adjusters.
• Act as Budget Manager for the Insurance service and associated funds, including £6m of insurance provision and reserves and over £1.6m in external insurance premium and claims spend.
• Work closely with stakeholders to provide high level professional insurance advisory services to the organisation and its subsidiaries.
• Thrive in a fast-changing environment, apply problem-solving expertise, and ensure all regulatory requirements are met, implementing new requirements as necessary.

Qualifications

• Extensive insurance experience in an in-house insurance role or in broking/underwriting, ideally with exposure to the public sector.

Benefits and Working Arrangements

• Competitive salary and an excellent long-term benefits package including enhanced holiday and pension benefits typical of the public sector.
• Flexibility to work from home as required, with Midlands-based travel to attend sites and manage the team in the office when needed.