Senior Global Insurance Advisor

Subsea 7 have an opening for a Senior Global Insurance Advisor in our Corporate division to be based in our Sutton, London offices on a 12-month contract basis. This is a maternity cover position.

Reporting to the Group Head of Insurance & Risk, this role is to support the placement of the annual insurance programme including any tender processes for new Brokers or Insurers. Working with Brokers and the business to gather & review renewal information for corporate insurance arrangements, also taking responsibility for the internal premium allocation and issuance of insurance certification. The role also involves reviewing and providing guidance on operational contracts entered into by the Company, these are to be qualified in line with the Company’s contractual principles and provide advice to the business on acceptability and recommend any qualifications required so that the contractual position is in line with the insurance arrangements. The successful candidate must have good day to day working relationships with Brokers, insurers; P&I clubs; claims handlers; loss adjusters as well as internal stakeholders.

At Subsea 7, we take pride in being recognised globally as a leader across the Energy Industry. For 5 decades our people have delivered over 1000 projects in all water depths across our energy hubs and we continue to do so, adapting and evolving in an ever-changing world.

Our success and sustainability are only made possible by continuing to develop our assets and technology through innovation and collaboration, and importantly through the development and diversity of our people who every day ‘Make Incredible things Happen’ at Subsea 7

MAIN RESPONSIBILITIES

• The successful candidate will be responsible for ensuring the provision of regular, accurate and insightful loss information to the businesses in order that this can be used to understand the profile of their losses and can take action to try and prevent any increases in future insurance premiums.
• They will assist in the management of the claims process to ensure all claims are managed in such a way as to protect the financial position of the company and to ensure the reputation of the company is protected and as applicable that client satisfaction is maintained.
• To be responsible for ensuring the management of information required to support large losses is gathered and processed to ensure an efficient claims process is adhered to.
• To be responsible for the cleansing of the claims data and maintenance of claims databases and reporting to ensure maximum accuracy of management information.
• Support the creation and production of regular dashboard reporting for management on claims; insurance premium spend and other associated topics.
• The role includes keeping abreast of and identify new insurable risks within the Company and make recommendations for effective management of these risks.
• Identify and work with the organisation to create practices and procedures that ensure risks are managed effectively from an insurance viewpoint.
• Keep procedures up-to-date and ensure appropriate people are aware and able to follow the procedures as appropriate.
• Maintain the database of insurance policies; including those which do not fall fully within the main programme, including Joint Ventures arrangements or any policies acquired as part of a business takeover. Including ensuring all policy documents are received; filed and easily accessible and that all invoices are tracked, and payments concluded timely.
• Support the business by being a focal point for insurance queries and deputising for the Group Head of Insurance & Risk as and when required.

QUALIFICATIONS & EXPERIENCE

• Relevant experience working in a global role that involved insurance or contractual management.
• Preference for degree or working towards degree or other suitable qualification for the role.
• Must demonstrate strong written and spoken communication and negotiating skills which will be required both internally and externally.
• Ability to teach the principles of insurance and risk management to non-insurance colleagues and demonstrate ability to advise and communicate effectively on complex issues within the Company and convey this information to Brokers and insurers to ensure that material information about the risk profile of the Company is appropriately communicated.
• The jobholder must be able to work as a team with the other insurance specialists but also have the ability to work on their own initiative and prioritise workload, demonstrating excellent planning and organisational skills
• Strong and accurate computer word processing, numerical skills, database, and spreadsheet skills are required

The position will be based in Subsea 7’s offices in Sutton but the candidate must be able and willing to travel to support the activities that are the basis of this job role. Including overseas and overnight travel.