About the Company
This MNC is a global leader in the industry, dedicated to delivering innovative solutions and exceptional service to their clients worldwide. They pride themselves on their dynamic work environment, where continuous improvement and professional growth are at the forefront of their values. Their team drives their mission and propels their organization towards success.
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About the Role
The Insurance Risk Specialist will oversee and manage their global insurance operations, ensuring seamless and efficient administrative processes. This pivotal role encompasses several key responsibilities:
In Insurance Placements, you will direct, coordinate, and negotiate insurance placements. You will liaise with stakeholders to provide updated information, ensure the accurate completion of insurance applications, and guarantee the timely issuance of policies. Additionally, you will handle premium allocations and ensure the prompt issuance of invoices, adhering to terms negotiated with insurers.
In Insurance Claims, you will manage and negotiate insurance claims, working closely with stakeholders to issue claims reporting guidelines, offer support and advice on queries and coverage, and facilitate periodic claims reviews.
In Support for Queries and Contract Reviews, you will collaborate with stakeholders to maintain insurance-related requirements in contracts. Your role will involve providing advice and training to help stakeholders understand insurance policies and coverage. You will also review supplier and customer contracts to ensure compliance and support sales efforts, coordinate the issuance of Certificates of Insurance, and maintain agile insurance processes through FAQs and automated workflows.
You will also provide Support for Mergers & Acquisitions and Projects, offering insurance-related expertise during significant organizational changes.
Skills and Experience Needed
To excel in this role, you should possess extensive knowledge of insurance administration processes, including policy issuance, claims management, and premium allocation. Your ability to negotiate and coordinate effectively with insurers and stakeholders will be crucial. Strong analytical and problem-solving skills are essential for reviewing contracts, facilitating claims, and ensuring accurate information flow. Excellent communication skills will enable you to provide clear advice, support, and training to stakeholders. You should be proficient in coordinating with various departments to ensure seamless insurance operations. Project management experience, particularly in managing insurance aspects of mergers, acquisitions, and other significant projects, is highly valued. You should be capable of overseeing multiple tasks and projects simultaneously, with keen attention to detail. Familiarity with workflow automation tools and maintaining intranet knowledge bases for insurance processes is also important. A degree in Business, Finance, Risk Management, or a related field, along with relevant professional certifications (e.g., Chartered Insurance Professional), will be advantageous. Several years of experience in insurance operations or a similar role in a global organization is required.
To apply online please use the 'apply' function. (EA: 94C3609/ R1439933 )