Our client is looking for a Group Insurance Manager to provide support and service to Business Units on insurable risks, ensuring awareness of transferred and retained risks, providing support for the design, placement and administration of insurance policies.

Minimum qualification – Degree with ACII (or equivalent insurance/risk qualification)

Detailed understanding of insurance markets and business processes, environment, contract terms, waivers, releases, risk controls and checks and ability to act with assistance in relation to overseas equivalents.

Proficiency in handling and negotiating complex claims.

Understanding concept of operational risk, risk appetite and capital management

Knowledge of financial institutions and their key risk exposures.

Awareness of Basle II and its implications for operational risk/insurance mitigation.

Relevant experience with an insurance company, insurance broker or the insurance division of a large commercial organisation involved with or managing global insurance programmes.

Detailed knowledge of the main classes of corporate insurances including underwriting criteria, and insurance policy structures, definitions, policy wordings and exclusion