Insurance Manager

Overview

Join to apply for the Insurance Manager - Derby role at ACCA Careers
. This role is a key part of Balfour Beatty's insurance management team, with base location flexible and some travel required.

As an Insurance Manager you will lead the delivery of an effective insurance service for multiple SBUs including Rail, Power T&D, Asset & Technology Solutions and BB Living Places in accordance with the BB Insurance Strategy. You will provide strategic and technical insurance input & guidance on the terms of agreements associated with construction projects. Engage with commercial teams in a positive, thoughtful way acknowledging the commercial realities of tendering but balancing these against the need to protect the SBU and the Group’s insurance programme.

• Be recognised as the insurance expert for relevant SBUs. Provide timely advice and support to Project and Commercial leads on all insurance and risk aspects of contract tenders, including exposure to uninsured risk. Highlight any “red line” insurance requirements on specific tenders and engage with bid team colleagues to propose potential mitigations. Ensure insurance risks are highlighted in Gated Lifecycle approval papers.
• Oversee all claims within the SBUs and, as appropriate, lead or be involved in the management and investigation of major claims typically over £50k and incidents, ensuring procedures are followed and relevant documentation is issued to insurers on time and to the required standard.
• Ensure settlement of major claims within the framework set out in the Delegations of Authority. Monitor the settlement of insurance claims (settled by insurers) and work with the UK Head of Insurance to ensure the BB Group insurance programme meets SBUs requirements.
• Use professional expertise to determine requirements for project specific insurance and manage the procurement process to ensure best value is achieved and advise on commercial rates to be used during pricing tenders.
• Advise SBUs in relation to terms of owner-controlled insurance programmes (OCIPs).
• Analyse insurance claims to identify trends, risks and opportunities and report findings.
• Spread best practices and lessons learned arising from property damage claims and site surveys.
• Advise on group cover and build effective working relationships with external insurance brokers and service providers.
• Maintain up-to-date knowledge of developments, regulation and thinking in insurance within the construction sector to bring best practice into Balfour Beatty.
• Lead, develop and coach individuals to build high-performing teams and create a pipeline of talent.
• Live the Balfour Beatty Values and maintain a relentless focus on Zero Harm.
• Support Group Renewal activities for all UK SBUs and develop and deliver training, procedures, systems and forms to improve knowledge and awareness of insurable risks.

• Ability to work autonomously without day-to-day supervision.
• Proven track record as an insurance professional in a senior managerial capacity.
• Experience of leading a team, motivating, developing and guiding performance.
• Experience in handling major insurance claims from start to finish.
• Ability to gather, analyse and evaluate facts; pays attention to detail and completes tasks.
• Ability to deliver reports orally and in writing in an objective and persuasive manner.
• Good interpersonal and communication skills with the ability to influence others including senior management.
• Self-starter who manages their own time and adds value to their function.
• Ability to command respect across the business and within the insurance team; skilled at building relationships and influencing effectively.
• Excellent IT skills.

• Qualified to ACII.
• Knowledge of the construction industry or experience within a project-based organisation.

Day in, day out, our team deliver some of the UK’s most ambitious, exciting and meaningful projects; developing, building and maintaining the vital infrastructure that supports national economies and strengthens communities.

At Balfour Beatty, we believe that diversity and inclusion are essential…