Principal accountabilities

• Strategic guidance and advice
• Provide strategic risk and insurance cover advice and guidance, including liaising with other Group functions Sector teams.
• Provide education and communication to Sectors/business units/functions on insurance strategy and processes.
• Have the overall responsibility for the Insurance information on the JM Group Intranet (MyJM)

• Risk engineering
• Have the overall responsibility for planning and agreeing the multi-year risk engineering survey programme with Property risk engineering providers.
• Manage of the property risk engineering survey programme ensuring delivery against agreed plan.
• Attend property risk engineering site surveys as appropriate.
• Oversight and management of the Risk improvement recommendations progress tracking.
• Discuss and agree prioritized action plans with Business Units to ensure compliance with recommendations over time.
• Manage risk engineering reviews of capex projects and ensure all capex projects meet appropriate fire risk management standards from the design to construction and operation.

• Management of external providers
• Manage external suppliers to the insurance function – negotiation of terms and remuneration.
• Manage JM’s chosen Risk Management Information system (Webrisk) ensuring the system is up to date and benefits from new developments as appropriate.
• Manage insurance brokers including agreeing remuneration and reviewing key performance indicators.
• Responsible for running tenders where appropriate for key service providers such as insurance brokers.
• Assist the Director of Group Insurance and Insurable Risk in the appointment of external providers.

• Procurement of insurance covers
• Obtain and maintain a deep understanding of JM’s operating businesses and their current and emerging risks and ensure these are adequately explained and presented to JM’s insurance brokers and insurers as appropriate.
• Maintain efficient communication with businesses and sectors to ensure the prompt reporting of any changes in insured risks and exposures to insurers in line with JM’s disclosure obligations.
• Oversee and manage the insurance procurement process for global and local insurance placements, including the insurance renewal information/data collection process, insurance costs allocation, budget guidance, premium recharges, and external payments.
• Manage and be responsible for the procurement of certain global insurance programmes and policies including negotiation of premium, terms, limits, and coverage, in particular the Property Damage/Business Interruption, Professional Indemnity, Commercial Crime, Business Travel insurance programmes and other policies as required.
• Manage and be responsible for the procurement of local policies placed for the benefit of specific businesses or countries, outside of the Americas.

• Monitoring and support on insurance claims
• Overseeing the administration of JM insurance claims by third parties including loss adjusters and appointed claims handling parties
• Assist business units on complex claims as required

• Corporate Development
• Support the Corporate Development function on acquisitions and disposals of a business, entity, or site.
• Collect and present the insurance risk exposure data.
• Carry out due diligence of insurance risks for targeted acquisition and make recommendations on risk transfer following completion of the transaction.
• Review and advise on insurance clauses in the transaction agreement.
• Negotiate with insurers the integration or cancellation of cover as appropriate.

• Contracts
• Review and advise on insurance clauses in commercial contracts (sales and procurement).
• Advise and collaborate with legal, procurement and commercial teams on risk transfer via contracts to optimize JM’s position.

Are you the ideal candidate?  

You will have:

• IT literate on MS Office including advanced skills in MS Excel
• Demonstrable previous experience in a support function (preferably finance function)
• CII, IRM or ARM qualification or equivalent
• Degree level qualification or equivalent