Insurance & Risk Consultant

Insurance & Risk Consultant The role involves managing the company’s insurance program, ensuring comprehensive risk coverage across various aspects of the business, and dealing with insurance claims efficiently. Below is a breakdown of key points from the job description and what you will need:

Key Responsibilities:

1. Strategic Insurance Development:
   
   • Drive the development of this companies insurance strategy.
   • Advise the business on insurance requirements, covering day-to-day operations, construction, development, and trading activities.
2. Insurance Program Oversight:
   
   • Oversee insurance placements across various jurisdictions.
   • Manage the Employer Controlled Insurance Programme for projects from construction to operation.
3. Contractual Advice:
   
   • Provide advice on insurance-related terms within contracts, particularly for construction and operation of renewable energy projects (solar and battery storage).
4. Market Engagement & Risk Transfer:
   
   • Lead discussions with insurers, brokers, and other stakeholders to secure optimal coverage.
   • Evaluate risk transfer options and balance major insurance coverage with cost-effective self-insurance.
5. Claims Management:
   
   • Manage claims from start to finish, ensuring that they are investigated and resolved efficiently in line with policy terms.
6. Stakeholder Management:
   
   • Engage with senior stakeholders across the business to ensure insurance needs are met.
   • Act as a point of escalation for critical claims with financial or reputational risk.
7. Third-Party Insurance Compliance:
   
   • Ensure that contractors and third-party consultants are carrying adequate insurance coverage when working on our clients projects.

Key Requirements:

1. Experience & Qualifications:
   
   • Experience in corporate insurance, particularly in areas like construction, renewable energy, or engineering.
   • A relevant third-level qualification in Business, Insurance, or related fields.
   • ACII Qualification (Chartered Insurance Risk Manager/Practitioner) is highly desirable.
2. Technical Expertise:
   
   • Strong knowledge of corporate insurance across various classes.
   • Familiarity with insurance markets and emerging products.
   • Expertise in managing risk across multiple jurisdictions.
3. Industry Knowledge:
   
   • Previous experience in the renewable energy sector, with a particular focus on construction and engineering insurance, would be a distinct advantage.
4. Skills & Competencies:
   
   • Excellent communication and organizational skills, with the ability to communicate effectively at senior management levels.
   • Demonstrated experience in managing stakeholder relationships and collaborating with cross-functional teams.
   • Strong commercial awareness and the ability to balance risks and costs effectively.

Appy Now