Insurance Officer
London, England, United Kingdom Full-time Posted 18 minutes ago
There’s never been a more exciting time to join National Grid!
Following an internal promotion, we have an outstanding opportunity for an Insurance Officer to support National Grid’s strategic goals and help us on our journey to achieving net zero.
Reporting to the Group Insurance Manager, you’ll support key activities in defining and delivering the overarching global insurance strategy for National Grid and provide insurance, claims and risk management advice and support.
As well as supporting annual (re)insurance renewal activity, you’ll provide insurance and risk advice to the Global Capital business for large-scale projects and be responsible for identifying insurable risks opportunities and cost-effective insurance solutions across the Group.
This role will be based out of The Strand office, and we’d hope to see you at least two days per week but you’re welcome to be in the office more often if that would work best for you. We’re happy to discuss any additional flexibility in working patterns or requirements that you feel could help to make this job work for you!
What You'll Do
What You'll Get
Up to £63,000 depending on experience.
As well as your base salary, you will receive a bonus based on personal and company performance and competitive contributory pension scheme where we will double match your contribution to a maximum company contribution of 12%. You will also have access to several flexible benefits such as a share incentive plan and technology schemes, support via employee assistance lines and matched charity giving to name a few.
Further Information
The closing date for this vacancy is Midnight 1 September 26, with interviews due to take place w/c 5 September 26 onwards. We encourage candidates to submit their applications as early as possible and not to wait until the published closing date. National Grid’s recruitment periods can and may vary. We reserve the right to remove this advert or close it to further applications at any point during the recruitment process.
About Us
Every day we deliver safe and secure energy to homes, communities, and businesses. We are there when people need us the most. We connect people to the energy they need for the lives they live. The pace of change in society and our industry is accelerating and our expertise and track record puts us in an unparalleled position to shape the sustainable future of our industry. To be successful we must anticipate the needs of our customers, reducing the cost of energy delivery today and pioneering the flexible energy systems of tomorrow. This requires us to deliver on our promises and always look for new opportunities to grow, both ourselves and our business
Inclusion and Diversity is not just about race, ethnicity, gender, or sexual orientation. It is about our employees who wake up every day to serve our 20 million customers. At National Grid, we aim to create an environment where everyone is welcomed for who they are and where our differences are not only accepted but are celebrated. We understand the value that a diverse team can add to our organisation and that is why we model inclusive behaviour starting with senior leadership. National Grid utilises the insights of our employees that come from all different cultures, backgrounds, and beliefs to better serve our customers and communities who are in the fore front of everything we do.
Following an internal promotion, we have an outstanding opportunity for an Insurance Officer to support National Grid’s strategic goals and help us on our journey to achieving net zero.
Reporting to the Group Insurance Manager, you’ll support key activities in defining and delivering the overarching global insurance strategy for National Grid and provide insurance, claims and risk management advice and support.
As well as supporting annual (re)insurance renewal activity, you’ll provide insurance and risk advice to the Global Capital business for large-scale projects and be responsible for identifying insurable risks opportunities and cost-effective insurance solutions across the Group.
This role will be based out of The Strand office, and we’d hope to see you at least two days per week but you’re welcome to be in the office more often if that would work best for you. We’re happy to discuss any additional flexibility in working patterns or requirements that you feel could help to make this job work for you!
What You'll Do
- Input to (re)insurance strategies and solutions for the Group, working with (re)insurance brokers, claim administrators and other service providers to support the insurance programmes.
- Lead on (re)insurance renewal processes and activities including collection and analysis of data and co-ordinating submissions to (re)insurers.
- Support the strategy and placement of Owner Controlled Insurance Programmes for large-scale infrastructure projects.
- Review and negotiate contractual insurance obligations.
- Ensure insurance risks are managed and reported to appropriate forums effectively.
- Provide support to the Group Insurance Manager in day-to-day interactions with the group’s captive insurance companies and brokers.
- Provide insurance advice to businesses and stakeholders.
- Maintain an up-to-date knowledge of insurance market influences and developments and share across the team.
- Experience within the insurance and risk management profession with a solid understanding of the global insurance market.
- Knowledge of insurance fundamentals and the usual lines of coverage purchased by a company of this size and nature with a detailed understanding in some of these classes.
- Excellent communication skills as will have interfaces with a variety of internal and external stakeholders.
- An ability to critically review diverse sources of information and data, draw conclusions and produce compelling insurance and claims analysis, reports, presentations, and strategies.
- Proactive and a self-starter.
- Ability to collaborate and work as part of a team.
What You'll Get
Up to £63,000 depending on experience.
As well as your base salary, you will receive a bonus based on personal and company performance and competitive contributory pension scheme where we will double match your contribution to a maximum company contribution of 12%. You will also have access to several flexible benefits such as a share incentive plan and technology schemes, support via employee assistance lines and matched charity giving to name a few.
Further Information
The closing date for this vacancy is Midnight 1 September 26, with interviews due to take place w/c 5 September 26 onwards. We encourage candidates to submit their applications as early as possible and not to wait until the published closing date. National Grid’s recruitment periods can and may vary. We reserve the right to remove this advert or close it to further applications at any point during the recruitment process.
About Us
Every day we deliver safe and secure energy to homes, communities, and businesses. We are there when people need us the most. We connect people to the energy they need for the lives they live. The pace of change in society and our industry is accelerating and our expertise and track record puts us in an unparalleled position to shape the sustainable future of our industry. To be successful we must anticipate the needs of our customers, reducing the cost of energy delivery today and pioneering the flexible energy systems of tomorrow. This requires us to deliver on our promises and always look for new opportunities to grow, both ourselves and our business
Inclusion and Diversity is not just about race, ethnicity, gender, or sexual orientation. It is about our employees who wake up every day to serve our 20 million customers. At National Grid, we aim to create an environment where everyone is welcomed for who they are and where our differences are not only accepted but are celebrated. We understand the value that a diverse team can add to our organisation and that is why we model inclusive behaviour starting with senior leadership. National Grid utilises the insights of our employees that come from all different cultures, backgrounds, and beliefs to better serve our customers and communities who are in the fore front of everything we do.
