Analyst – Corporate Insurance & Risk Management

Consumer Health

The Analyst, Corporate Insurance & Risk Management (CIRM) will support the operational management and delivery of key liability insurances and the co-ordination of applicable loss reporting and prevention programmes.   This role will connect the insurance programmes to what the real drivers are within the business. It’s important that you are familiar with Risk Management Information Systems (RMIS) and that you are able to understand and work internally and identify the key events and issues that can give rise to claims and damages and you  will also continuously realign the components of insurance policies, so programmes remain fit for purpose.

Responsibilities include the following:

• Engagement and communication with the local operating companies and Finance teams required to ensure the local placement of the annually renewable globally negotiated programmes and to address local operating companies’ queries.
• Renew annual insurance programmes to support business activities, to include Motor, Employer’s Liability, Business Travel, Sports and Social and Small Craft.
• Support the Managers in implementing the principles for premium allocation, continuous development of the premium allocation models and engage as required with the fronting partners, brokers/consultants and local operating companies.
• RMIS platform – implement the strategy set by the Managers, oversight of data collection and verification processes to ensure accurate data upload and provide management reporting.
• Define and implement the servicing and administration requirements with all fronting insurers for the successful and compliant local placement of all globally negotiated programmes, under the guidance of the Managers.
• Co-ordination of internal and external meetings to manage the delivery of all global administration requirements, to include overseeing policy issuance and premium collection.
• Oversight of premium payments across all global programmes and escalation of issues to the Managers.
• Liaison with middle office to ensure third party oversight and vendor set up are completed for new vendors.
• Assist the Managers with the development, co-ordination and implementation of loss prevention strategies.
• Oversight of Motor and Marine claims and escalation large and complex claims to the Managers.

APPLICATION CLOSING DATE – Friday 3rd September 2021.

Please take a copy of the Job Description, as this will not be available post closure of the advert.

When applying for this role, please use the ‘cover letter’ of the online application or your CV to describe how you meet the competencies for this role, as outlined in the job requirements above. The information that you have provided in your cover letter and CV will be used to assess your application.

NB: In 2022, GSK will be separating into 2 new companies. This role is part of a new team build within the new Consumer Health business, the start date for this role will be February/March 2022.  

Basic Qualifications:

• Qualified to Degree level or equivalent further academic qualifications.
• Professional Insurance Qualification or experience with an Insurer or Insurance Broker or similar corporate role.
• Ability to build and maintain strong professional relationships, across different functions and different countries.
• Experience of working with risk management information systems.
• Financial and analytical proficiency.
• Good attention to detail. 
• Strong verbal and written communication skills e.g., Board paper writing, presentations to senior management. 
• Excellent time management.

Preferred Qualifications:  

• Commerce Degree plus professional insurance qualification or significant equivalent experience in a corporate role.

Why GSK?

GSK is a place where outstanding people do amazing things. As a science-led global healthcare company, we exist to help people do more, feel better, live longer. This special purpose – along with our goal of being one of the world’s most innovative, best performing and trusted healthcare companies – helps us attract some of the best and brightest minds in the world.

We take pride in providing access to all and continually focus on our opportunity and obligation to do more to improve inclusion and diversity: for our people inside GSK; in the way we do business; and in the communities where we operate. 

We want our company to be a place where diversity of people and thought is valued everywhere and where we’re all able to be ourselves and feel a sense of belonging. An inclusive organization where we all feel valued, engaged and supported, knowing that our work makes an important contribution to our mission. Reinforced by our clear values and expectations, it is part of our DNA. Together we achieve extraordinary things for our patients and consumers, who rely on us each and every day.