Smiths Group PLC is seeking to recruit an Insurance Director to join the company on a permanent basis.
The appointee will be responsible for providing effective insurance and risk solutions for the group globally. You will lead the development of strategy designing insurance structures to transfer risks from the balance sheet aligning the groups risk appetite and tolerance.
You will be lead contact with external stakeholders, including the management of brokers, insurers and other external providers to develop best practice and processes. You will provide business support for insurance clauses in commercial contracts, undertake risk evaluations and due diligence for acquisitions and disposals. You will work closely with legal and HSE teams as well as other stakeholders in the successful management and resolution of claims.
The role has full managerial responsibility for group insurance manager.

Duties and Responsibilities

• Lead and direct the activities of the Group Insurance team.
• Manage the insurance renewal process, including:

• Developing insurance strategy which aligns to groups risk appetite and tolerance.
• Working with group and divisional finance leads to agree budgets.
• Managing the annual global underwriting data collection, insurance submissions and Insurer engagement process.
• Overseeing post placement activities including premium allocations, recharges, certificates and audits.

• Represent the organisation as a Director on the captives board.
• Manage and maintain good relationships with brokers and insurers.
• Provide technical advice and internal stakeholder training on insurance clauses in business contracts.
• Manage claims between divisions, the brokers and insurers.
• Provide risk and insurance support on acquisition and disposal activities including due diligence and transactional insurances.
• Assist in identifying new insurable risks within the business and make recommendations for effective management of the risks.
• Provide risk and insurance reporting on significant insurance issues affecting the Group to key internal stakeholders including to the Board, Exco, CFO and group/divisional leadership teams

About Smiths

At Smiths we apply leading-edge technology to design, manufacture and deliver market-leading innovative solutions that meet our customers' evolving needs and touch the lives of millions of people every day. We are a FTSE100, global business of around 14,600 colleagues, based in 50+ countries. Our solutions have a real impact on lives across the planet, enabling industry, improving healthcare, enhancing security, advancing connectivity and supporting new homes. Our products and services are often critical to our customers’ operations, while our proprietary technology and high service levels help create competitive advantage. We welcome colleagues with a curious mind, who are happy with responsibility, enjoy a challenge and are attracted by the idea of working at a business with an almost 170 year history of innovation, and five global divisions, all experts in their field.

About Smiths Group

Smiths Group plc is a global entity with 4 distinct trading Divisions. Smiths Business Information Services, commonly known as "BIS," is Smiths Group's internal IT organisation, supporting the Group's business divisions and corporate centre. Key priorities include delivery of all day-to-day IT services, development of new IT solutions and services and helping colleagues protect the company’s information assets.

Diversity & Inclusion

We believe that different perspectives and backgrounds are what make a company flourish. All qualified applicants will receive equal consideration for employment regardless of race, colour, religion, sex, sexual orientation, gender identity, national origin, economic status, disability, age, or any other legally protected characteristics. We are proud to be an inclusive company with values grounded in equality and ethics, where we celebrate, support, and embrace diversity.