Insurance Manager
Date posted: 
Friday, 11 December, 2020
Company: 
FARFETCH
Job type: 
Manager
Closing date: 
Sunday, 31 January, 2021
London
Apply now

WHAT YOU'LL DO 

  • Establish a scalable global insurance program across FARFETCH and its group companies by working in partnership with the broker(s) to consolidate insurances, while ensuring greater consistency of coverage and economies of scale
  • Create an in-house insurance strategy for the forthcoming year to embed insurances across FARFETCH and Group Companies
  • Increase the visibility of insurance at FARFETCH via the necessary education and awareness
  • You will be responsible for setting the annual insurance renewal strategy in accordance with renewal timelines, working closely with the broker and insurers to enhance coverage and pricing 
  • Own the insurance renewal process within FARFETCH end-to-end; including data collection and analysis, applicable remarketing exercises, organizing education for insurers and preparing any necessary materials 
  • Prepare renewal proposals across our insurances for the General Counsel and VP for Legal (North America) & Compliance.
  • Ensure the timely sign off, placement and binding of all insurances
  • Drive the annual budgeting process for the Farfetch insurance program, taking into consideration the impact that market conditions and claims experience may have on pricing 
  • Responsible for the claims notification and handling process, including working with internal stakeholders, the broker and insurers
  • Support the Legal Team with claims management, settlement negotiations where applicable and  insurance related contractual clauses
  • Support the business with ad hoc insurance queries and placement of insurances outside of renewal timelines as required
  • Support the global People Teams as required with their employee benefits program
  • Stress test policies via scenario analysis
  • Facilitate quantification exercises to ensure policy limits are fit for purpose
  • Analyze claims data and trends to put in place proactive mitigating actions
  • Work in partnership with the Senior Risk Manager to provide solutions for key insurable risks
  • Lead relationship management across the London insurance market with key insurers

WHO YOU ARE: 

  • You have 5+ years of experience as an in-house insurance manager, ideally within a similar sector
  • You are CII qualified at either Cert or Dip CII level
  • You are a self-starter, who thrives when working independently or as part of a team
  • You possess a positive and approachable demeanor and have exceptional interpersonal, communication and collaboration skills
  • You have an excellent ability to grasp insurance issues quickly, balance risks, exercise sound judgment, and take a practical approach in a growing, dynamic, and fast-paced business environment
  • You are solutions orientated
  • You are a team player who is driven, forward thinking, innovative and agile, with commercial acumen
  • You have a strong work ethic and superior attention to detail
Apply now