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Group Insurance Manager

Farnborough, UK
Closing date
31 Oct 2020

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Group Insurance Manager - Farnborough - Competitive Salary

There is a vacancy for a Group Insurance Manager to join the organisation on a permanent basis in Farnborough.

This role is to ensure that the Group Insurance programme is sufficiently broad and flexible to respond to the changing activities and risk exposures of the whole of the Group and is priced competitively.

To provide senior executives with management information as and when required, and to ensure that the contractual exposures faced by the Group are matched by the protection provided by the insurance programme.

Role Responsibilities:
  • Advise commercial and procurement teams on all insurance matters, contract reviews, and assist these teams in negotiating with third party customers and suppliers
  • Advise the broader business on all insurance/risk related matters either face to face or through bulletins and the Global Portal
  • Manage all claims, liaising with insurers and solicitors as appropriate
  • Support negotiation with customers, in particularly the MoD around contractual requirements/changes
  • Ensure effective completion of the insurance renewal each year for the Group and effectively manage its total cost of risk (TCOR) in terms of premium and self-insured retentions.

Required Knowledge, Experience and Skills:
  • Robust knowledge of the workings of the commercial insurance market
  • Robust Knowledge of corporate obligations in relation to legal and contractual liabilities
  • Experienced in the commercial/corporate insurance/reinsurance market either in the underwriting or broker environment or
  • Experience as an insurance or risk manager in industry
  • Relevant insurance industry professional qualification from the Chartered Insurance Institute

QinetiQ offers an excellent salary and benefits package commensurate with a large international company some of which are highlighted below:
  • Paid overtime and additional reward when working onboard naval ships and submarines
  • Career development across a diverse international organisation
  • Modern and collaborative working environment
  • Pension - up to 10.5 % company contributed
  • Flexible working arrangements

QinetiQ comprises teams of dedicated people; experts in defence, aerospace, security and related markets. We draw on our extensive technical knowledge and intellectual property to provide the know-how and support to solve some of the world's most challenging problems. Our people make the critical difference to customers by providing unique approaches to problem solving. Why don't you join some of the world's finest scientific and technical minds and help us make tomorrow work today?
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