Job Purpose:

Supporting CCEP’s Corporate Risk Management function, the Risk Finance Manager reporting to the Director of Risk Management will be engaged in three key areas:-

1. Reducing CCEP’s Total Cost of Risk (TCoR) by developing sustainable and effective risk financing programmes across all CCEP Business Units (BU’s) including but not limited to Asset, Liability, Motor Fleet, Credit, Executive Protection and Employee Benefit insurable risk requirements
2. Assisting the Director, Risk Management to develop, enhance and implement CCEP’s Risk Financing strategy, policy, framework, systems and processes across CCEP BU’s
3. Managing and developing key risk marketing and financing processes, maintaining the RMIS/databases relevant to these procedures and ensuring high quality MI addressing Group and Local risk financing programmes is available for the preparation of reports to external stakeholders (insurers, reinsurers, brokers et al) and internal stakeholders (Finance, Legal, Supply Chain etc.)

Main Responsibilities:

• To work closely with the Director of Risk Management  providing focus and leadership to deliver risk finance/insurance programmes across CCEP including the implementation of appropriate management reporting processes
• To support transition management projects associated with CCEP corporate development activities
• To develop, document and publish ‘best practice’ processes to support the administration of Group and Local risk finance/insurance programmes across all CCEP Business Units (BU’s) ensuring compliance with statutory, regulatory and market requirements
• To assist the Director, Risk Management to create a strong risk management culture and awareness across the organisation with the responsibility for:-
  • Providing guidance and subject matter expertise advice to all areas of the business regarding risk marketing and risk finance policies and procedures
  • Contributing to the strategy, direction, design and development of a ‘One CCEP’ operating model for risk financing
  • Monitoring conformance with the ‘One CCEP’ operating model for risk finance transactions and projects across all CCEP BU’s and territories
  • Ensuring Group and Local risk finance/insurance programmes in place are appropriate for the needs of the BU’s, are compliant with statutory and regulatory requirements
  • Evaluating options including CCEP’s existing captive insurance company to determine the most effective utilisation of self-insured risks
  • Providing thought leadership to the development of the CCEP Group and BU risk appetite for insurable operational risks
• To support the management and development of relationships with CCEP’s brokers and strategic risk financing/insurance partners
• To engage with internal stakeholders within the BU’s to help them assess their needs for risk finance/insurance including the identification and evaluation of business and operational risks
• To provide insight and challenge contributing to the development of the CCEP’s Loss Control programmes and Key Risk Scenarios underpinning CCEP’s  insurable risk programmes
• To deliver comprehensive cost vs benefit analyses of options for risk retention vs risk transfer decisions, evaluating alternatives to help CCEP decide the most efficient and cost effective means to deliver risk finance/insurance programmes and mitigate CCEP’s TCoR
• To support day-to-day guidance and advisory requirements to the BU’s on risk finance/insurance programmes eg. customer and supplier contracts, compulsory insurance in new territories, compliance with local regulations.
• To assist in conducting contract reviews plus RFP’s of 3rd party brokers and other risk finance/insurance vendors, establishing effective SLA’s (Service Level Agreements) together with KPI’s in alignment with CCEP standards
• To collaborate with the Risk Management team ensuring the timely and accurate delivery of all necessary data and risk reports enabling the marketing, design and placement of CCEP’s Group and Local risk finance/insurance programmes
• To maintain a high level knowledge of risk finance/insurance market developments including products, insurers and brokers
• To maintain a detailed understanding of the regulatory requirements for risk finance/insurance programmes across all CCEP BU’s and territories
• To represent the Risk Management function when communicating with (a) insurers, (b) brokers and (c) other risk finance/insurance vendors and provide regular updates on CCEP as required
• To support Risk Management projects as required in other areas including but not limited to claims management, contract reviews, service provider reviews, RMIS plus delivery of Risk Management training to external and internal stakeholders etc.
• To support the design and delivery of pre-renewal coverage scenario test exercises and post renewal coverage modelling
• To secure where available insurance bursaries to support Claims Management and Loss Prevention opportunities aligned with Risk Management objectives
• To support the design and delivery of the Risk Management Stewardship Reports

Candidate Requirements:

Qualifications:

• Legal, Risk Management or business degree
• Professional qualifications - ACII
• Professional qualifications IRM or equivalent preferred

Experience:

• 7 years+ risk management and/or insurance industry background required ideally with experience of operating within a multinational organisation
• Strong organisational and IT skills, commercial acumen, team working and ability to influence and challenge and act proactively
• Experience of designing and managing Global and Local insurance programmes for international business
• Exposure to captive insurance arrangements
• Strong industry contacts and well networked

Technical Skills:

• Analytical mind-set and capable of dealing with complex processes and technical documentation
• Ability to summarise complex analysis into simple persuasive summaries and take away messages
• Ability to develop reports and tools that drive efficient and effective management decision making
• Strong systems and analytical ability with experience or knowledge of RMIS and reporting tools an advantage
• Excellent communication and presentational skills
• Ability to deal with and prioritise workload and work to deadlines
• Results orientated combined with a proactive and self-motivated approach whilst working within a team/cross learning environment
• Willing and able to identify opportunities for improvement and to drive change
• Good understanding of financial/commercial drivers
• Ability to make effective and timely proposals/recommendations and decisions

Behavioural Competencies:

• Curiosity and ambition to understand and make risk finance/insurance processes, products and service delivery continuously better
• Demonstrate lateral thinking and a pragmatic ability to execute projects in line with business case
• Good multi-tasking and organisational skills to succeed in a subject matter expertise role
• Confidence, robustness and ‘edge’ to deal with challenging situations and deliver agreed outcomes