WHAT WILL YOUR KEY RESPONSIBILITIES BE?

For each of the Property, Non-Damage, Construction and Cargo insurances, the role will have responsibility for the day-to-day operations of these insurances as follows:

• Understand GSK exposure: With the Director, act as the insurance lead in internal forums across EHS, Engineering, Logistics, Quality, Procurement and Finance that will develop the understanding of GSKs exposures across each and guide how the insurance terms and conditions need to be constructed to ensure programmes remain aligned to GSK requirements.
• Oversight of data collection and verification: Establish and implement rigorous processes for the collection and review of all key exposure metrics. This will include a detailed understanding of the supply chain and events impacting the supply chain, tracking of claims and trends and other applicable internal incident reports. Output will be used to manage the annual renewal, develop the programme requirements and input into loss prevention strategies.
• Deliver annual renewals: Under the guidance of the Director, develop a renewal/marketing strategy and define factors for a successful placement. The role will have responsibility for execution and co-ordination of the renewal to a successful conclusion. The role will complete an after action review and make recommendations for further technical and process improvements.
• Captive and market engagement: Prepare the underwriting submissions in order to negotiate terms for Captive and market participation in the respective insurance programmes. This will include identification of policy wording changes required to improve the alignment of the programme to GSK exposures. The role will also provide technical advice as required by the Captive manager.
• Claims Management: Provide claims management expertise to advise and assist GSK businesses to reach agreement on insurance claims. As appropriate, the role will develop a claims strategy and be responsible for the execution of the strategy with co-ordination across both internal and external stakeholders. For more complex and material claims, the role will support the Director Corporate Insurance to provide the necessary expertise and develop the claims management strategy required. For the more complex claims, the role will then support the Director with the co-ordination and implementation of the claims strategy.
• Governance: The role will ensure all programmes are fully compliant with legislative and GSK policy and procedures based on the direction of the Director. The role will also provide input into further governance enhancements for the consideration of the Director or alternate responsible to assist the Director with Governance.
• Develop and co-ordinate the implementation of loss prevention strategies mainly for the property and non-damage business interruption programmes. The role will assist to progress existing strategies and will have responsibility for driving the implementation through pro-active business and vendor engagement and advice and the implementation of ongoing reporting and tracking of both service provider and sire delivery.
• Develop the principles and requirements for premium allocation: With the Service Delivery Manager, agree the principles and requirements for premium allocation. The Manager Service Delivery will have responsibility for the development of the premium allocation models and for the subsequent engagement required with the fronting partners and local operating companies.