Insurance Risk Manager (fixed term contract)

M&G; London; On-site; GBP 60,000 - 80,000; Full time

Job summary

A financial services firm in London is seeking an experienced professional for the role of Insurance Manager. Responsibilities include managing corporate and real estate insurance programmes, assessing operational risks, and communicating effectively with stakeholders. Candidates should have relevant experience in an insurance team, strong negotiation skills, and an ACII qualification or equivalent. The role fosters an inclusive work environment and offers flexible working arrangements.

Qualifications

• Experience in an in-house insurance team or similar.
• Ability to analyze and assess key risk exposures.
• Strong written and verbal communication skills.

Responsibilities

• Understand business operational needs for insurance requirements.
• Manage global insurance programme placement.
• Provide technical advice and guidance within the group.

Skills

Knowledge of operational risks and insurance for the sector

Strong stakeholder management

Effective communication skills

Proven negotiation skills

Ability to prioritize workload

Education

ACII (or equivalent insurance/risk qualification)

Tools

Excel

Word

PowerPoint

Job description

At M&G our purpose is to give everyone real confidence to put their money to work. As an international savings and investments business with roots stretching back more than 170 years, we offer a range of financial products and services through Asset Management, Life and Wealth. All three operating segments work together to deliver attractive financial outcomes for our clients, and superior shareholder returns.

Through our behaviours of telling it like it is, owning it now, and moving it forward together with care and integrity; we are creating an exceptional place to work for exceptional talent.

We will consider flexible working arrangements for any of our roles and also offer work place accommodations to ensure you have what you need to effectively deliver in your role.

Overview

The Role: Reporting to the Head of Insurances, this role is to assist in the procurement and management of M&G’s Corporate and Real Estate insurance programme and related risk control activities. It is an exciting opportunity for a dynamic individual with relevant experience, with strong stakeholder management and communication skills. Working as a key member of a small team of insurance experts the remit of the role is wide, providing opportunities to work with all areas of the M&G business.

Responsibilities

• To understand business operational needs and assess insurance requirements of the group to protect M&G assets and liabilities.
• Support the development and implementation of an optimum risk transfer programme.
• Communicate to brokers and other insurance consultants all relevant aspects of the business, information and standards required in order to ensure competitive pricing and coverage for all insurance policies placed.
• Manage the placement of insurance programmes globally.
• Provide technical advice and guidance. Assist other departments as required.
• Produce internal procedures and summary documents and necessary internal consultation within the group to ensure various operating divisions are aware of insurance coverage in place.
• Be responsible for the claims process globally and drive improvements to the process.
• Actively manage large complex notifications and claims.

Knowledge, Skills & Experience

• Knowledge of operational risks and insurance for the sector. Including the ability to identify, analyse and assess key risk exposures and identify potential insurance mitigants.
• Detailed understanding of the main classes of corporate insurances for the sector, including underwriting criteria, insurance policy structures, definitions, policy wordings and exclusions
• Detailed understanding of the Real Estate sector and insurance requirements.
• Knowledge of global insurance markets.
• Ability to communicate effectively and influence effectively with productive, successful relationships with stakeholders
• Relevant experience within an in-house insurance team, insurance broker, insurer or similar.
• Qualification – ACII (or equivalent insurance / risk qualification), or progress towards.
• Proven negotiation, influencing interpersonal skills with senior management.
• Ability to discuss and negotiate with insurers and insurance brokers on technical insurance points.
• Ability to prioritise workload and work on own initiative and handle pressure.
• Strong written and verbal communication skills.
• Proficient in the use of Excel, Word, PowerPoint.

Work Level: Manager / Expert

Recruiter: Matt Campbell

Close Date: 24th September 2025

We have a diverse workforce and an inclusive culture at M&G plc, underpinned by our policies and our employee-led networks who provide networking opportunities, advice and support for the diverse communities our colleagues represent. Regardless of gender, ethnicity, age, sexual orientation, nationality, disability or long term condition, we are looking to attract, promote and retain exceptional people. We also welcome those who take part in military service and those returning from career breaks.

M&G is also proud to be a Disability Confident Leader, and we welcome applications from candidates with long-term health conditions, disabilities, or neuro-divergent conditions. Being a Disability Confident Leader means that candidates who meet the minimum criteria of a job, will be offered an interview if they opt in to the scheme when applying.

If you need assistance or an alternative means of applying for a role due to a disability or additional need, please let us know by contacting us at: [e-mail]