Remarkable people, trusted by clients to design and advance the world.
Wood is recruiting for a Senior Insurance Manager on a permanent basis. As a key part of the Insurance team and supporting the Senior Vice President - Insurance, you will lead the placement and management of the Group’s casualty/liability insurances within a multi-national insurance programme that is aligned to Wood’s strategic priorities. You will lead the inhouse claims team to manage all claims under the insurance programme in order to maximise recoveries and will work closely with the Legal function and outside counsel, including on complex and high value claims to influence and align strategy. The role will support the business globally on all aspects of insurable risk including its identification and analysis across varying business activities, commercial contract and policy review in respect of tender process and will assist in promoting Wood in the insurance market as a risk conscious organisation.
You will have significant influence and decision-making authority over insurance renewal process, negotiations, claims management and BU response to insurable risk.
You will be a member of the Wood captive Insurance Committee contributing to the successful execution of underwriting and claims responsibility delegated to the Committee by the captive Board of Directors.
This position is open to both hybrid and remote working.
#LI-Hybrid #LI-Remote
Our Clients and Projects
Designing the future. Transforming the world.
Wood delivers solutions across more than 60 countries with local offices covering all major energy and materials hubs globally.
For more than 160 years, we have partnered with clients to deliver engineering, advisory and operational solutions to some of the world’s most complex and critical challenges in energy and materials.
What we can offer
1. Flexible working arrangements that balance client, team and individual needs offering hybrid working arrangements
2. Commitment to Diversity and Inclusion; we are an organisation actively committed to diversity and inclusion across our business with employee networks committed to giving all employees a voice
3. Competitive salary with regular salary reviews to ensure we are rewarding at the right level in line with the market
4. Flexible benefits package; inclusive of 33 days annual leave (including public holidays), generous contributory pension scheme, private medical cover, 4x base salary life insurance; all of these and more that can be adapted to suit your own lifestyle
5. Commitment to continued professional development; development plans that are tailored to your individual needs and interests
Global connections; join experts around the world who are at the leading edge of our industry, shaping the standards of our profession
What makes you remarkable?
At Wood, we are committed to equal opportunities and welcome all talented individuals to consider joining our team. So even if you don't match every statement below but feel you have some of the experience, knowledge or skills needed for this role, we encourage you to apply. It will take all of us working together to deliver solutions to the world’s most critical challenges.
Expected:
6. Degree qualified preferably risk, finance or legal related
7. Further professional postgraduate insurance qualification (. ACII, FCII, IRM) or currently progressing towards
8. In-depth insurance experience within an inhouse insurance / risk management role(s) or with an insurance broker or risk management organisation
9. Technical insurance expertise particularly casualty / liability classes including professional indemnity / liability insurance ideally in respect of engineering, design, construction risks
10. Experience of manging large, complex casualty / liability insurance claims including Non-UK and North America claims
11. Knowledge of liability driven multi-national insurance programmes and understanding of key regulatory and transfer pricing implications thereof
12. Use of captive insurance as a part of risk financing strategy
13. Detailed understanding of contract terms as they apply to indemnities and insurance requirements
14. Leading and motivating direct / indirect reports with a demonstrated commitment to continuous learning and development
15. Ability to consistently deliver to stakeholders and push the boundaries to create smarter, more sustainable solution
16. Generate trust and credibility with audiences through continuous, open and consistent communication
17. Champion and drive innovation and change initiatives, focused on improving quality and effectiveness
18. Foster and contribute towards a customer-focused climate that delivers on expectations and strengthens relationships
Personal attributes:
19. Strong interpersonal skills and ability to communicate and influence internally and externally at all levels
20. Consistently model and lead on Wood’s values, working with integrity, respecting and valuing others and our communities
21. Energy, compassion and flexibility to adapt quickly to new challenges and environments
22. Balance of humility and self confidence
23. Strong problem solving and creative skills and the ability to exercise sound judgment and make decisions based on accurate and timely analyses
24. High level of integrity and dependability with a strong sense of urgency and results-orientation
25. Anticipates the environment, is forward thinking and able to see the ‘big picture’
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