Smiths Group PLC is seeking to recruit an Insurance Manager to join the company on a permanent basis.

The appointee will be responsible for supporting the Insurance Director in the management and renewal of all Smiths commercial insurances, communicating directly with the divisions, brokers and Insurers to develop best practice and processes. This is an exciting opportunity to join a FTSE100 company in a truly global insurance team, with the ability to gain excellent profile, leadership skills and international experience which can only lead to further career opportunities within the Smiths Group.

The role will be in London based

Duties and Responsibilities

• Work with the Group Insurance Director throughout the insurance renewal process, including;

            - Manage the annual global underwriting data collection and Insurer presentation process.

            - Liaise with and manage brokers, insurers and Smiths captive.

            - Co-ordination of post placement activities including premium allocations, certificates and US audits.

• Act as the first point of contact for the business in providing advice and training with respect to insurance requirements in business contracts.
• Report and provide regular feedback to the Director of Insurance on significant affecting the Group.
• Manage claims between divisions, the broker and insurers and assist in managing relationships with claims adjusters, insurers and both divisional and external legal counsel and other claims related parties.
• Manage the production of regular and ad-hoc regulatory and financial reports for the global insurance programme covering performance, claims and data analytics to the Group Insurance Director.
• Provide risk and insurance support on acquisition and divestiture activities.
• Assist in identifying new insurable risks within the business and make recommendations for effective management of the risks.
• Other insurance and risk management projects as agreed with Group Insurance Director.

Required Skills and Experience

• Experience within the insurance industry, with knowledge of global commercial Insurances or a similar field (Legal / Finance / Risk).
• Experience working in a commercially oriented environment, with the ability to deal with stakeholders at all levels.
• An asset - hands on experience of claims handling and reporting.
• An asset - legal background or experience in reviewing insurance terms in business contract.
• Ability to manage multiple work packages, deadlines and competing priorities.
• Have strong organisational and project management skills.
• Work on own initiative and be self-motivated.
• Demonstrate integrity, work accuracy and reliability.
• Good communication skills both verbal and written.

About Us

Smiths Group is a UK headquartered but very global engineering and technology business with a rich innovation heritage going back 154 years.

It currently generates annual revenues of £3bn, is strongly cash generative with a market capitalization of £4.5bn. The company employs over 23,000 people, operates in over 50 countries with over 50% of its revenues from the United States. 

The group has leading market positions in the detection, security, medical devices, energy, communications, engineering and military sectors. The management of financial and business risk within this complex business is critical to its success.

The business is structured into five operating divisions and the corporate headquarters are in Central London.