About Convatec
Pioneering trusted medical solutions to improve the lives we touch: Convatec is a global medical products and technologies company, focused on solutions for the management of chronic conditions, with leading positions in Advanced Wound Care, Ostomy Care, Continence Care, and Infusion Care. With more than 10,000 colleagues, we provide our products and services in around 90 countries, united by a promise to be forever caring. Our solutions provide a range of benefits, from infection prevention and protection of at-risk skin, to improved patient outcomes and reduced care costs. Convatec’s revenues in 2024 were over $2 billion. The company is a constituent of the FTSE 100 Index (LSE:CTEC). To learn more please visit
About the role
The Insurance function is responsible for the procurement and management of global insurance programmes for all group entities and assisting group entities on local insurance programmes. In addition, it provides advice and guidance on insurance related matters including risk engineering. The vision of the insurance function is “to understand our business risks and help deliver aligned commercial insurance solutions”.
Your Key Duties and Responsibilities
Collaborating with and advising senior management stakeholders on insurance strategy and implementationProviding high quality data analysis and management reporting to support insurance strategy and activitiesLeading and maintaining regular interface with business entities to give assistance and understand their operations and objectives in relation to insurance coverageTaking responsibility for the coordination, delivery and communication of the annual global renewal process with a focus on rationalising the collection of underwriting data whilst improving quality and relevancy, as well as ensuring compliance with applicable regulationsImplementing and managing a fixed asset valuation programme with an external valuation companyClosely working with the Insurance Assistant on the day-to-day management of global insurance policies, and local insurance policies where requiredWorking with the Director of Environmental, Health & Safety to coordinate and implement risk engineering programmes, and maintaining regular update meetings with insurance partners to review progressLeading the legal review of insurance policies to ensure appropriateness, relevancy and avoidance of duplication in cover, and evaluate opportunities for increased synergies and self-insuranceReporting in an appropriate way to a range of audiences such as executive leadership community and committees on various matters such as stewardship reviews and claims monitoringMaintaining budgets, including forecasting, settlement, accounting and reporting of premium spendWhere required, taking the lead on coordinating insurance claims to ensure positive engagement between business entity and insurance partners to encourage prompt resolution and awareness of lessons learntUndertaking due diligence reviews on mergers, acquisitions, disposals and other specific projectsRaising the internal profile of the insurance function and being the primary point of contact for insurance queries raised by colleaguesProviding guidance on contract reviews in collaboration with Legal, Procurement, Sales and Client management teamsDriving work efficiencies by developing an intranet platform to signpost and provide insurance documentation, processes and guidanceManaging the existing insurance broker and other external insurance partners to ensure compliance and delivery of agreed service standardsMaintaining regular interactive relationships with alternative insurance brokers to lead and facilitate efficient and effective future insurance broker tendersBuilding close, positive and fruitful relationships with the insurance market by educating on and promoting the group’s activities and financial performanceProgressing the database of policy coverages, retentions, premiums, claims and fees across the insurance policy portfolioMaintaining regular tripartite meetings with Enterprise Risk Management and Internal Audit colleagues to ensure risks are identified, risk appetite is quantified and providing insurance solutionsHelping to implement, communicate and manage the introduction of new insurance policy coverage, processes and protocols across the groupEnsuring premium allocations, invoicing and settlement, and certificates are accurate and issued in a timely mannerAbout you :
Degree educated or hold an equivalent qualificationGood experience of working in the insurance industry on global insurance programmes for a large multi-national corporateACII qualified, or equivalentHighly numerate, analytical and literate with strong attention to detailFinancial and commercially astuteStrong IT literacyEnthusiastic and good interpersonal skillsProactive and tenacious, with a desire to challenge existing processes and drive improvementsTravel Requirements
Hybrid working - Home/Paddington OfficeWhat you'll get:
collaborative & supportive culture
hybrid role with competitive salary & bonus
exceptional benefits
training & development
Ready to join us?
At Convatec, we´re pioneering trusted medical solutions to improve the lives we touch. If you´re ready to make a real impact, apply today and help us bring our Forever Caring promise to life.
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Equal opportunities
Convatec provides equal employment opportunities for all current employees and applicants for employment. This policy means that no one will be discriminated against because of race, religion, creed, color, national origin, nationality, citizenship, ancestry, sex, age, marital status, physical or mental disability, affectional or sexual orientation, gender identity, military or veteran status, genetic predisposing characteristics or any other basis prohibited by law.
