Key Accountabilities

• Leading in the assessment, review and recommendation of insurance requirements for designated businesses and investment projects across National Grid. 
• Implement approved insurance strategies to ensure appropriate protection of National Grid’s assets, insurable liabilities and new business developments.
• Leading special studies to ensure placement of coverage with proper limits of coverage, deductibles and retentions. 
• Set direction by maintaining up to date knowledge of insurance markets 
• Advise businesses on issues related to risk and insurance within commercial contracts 
• Provision of credible data and analysis to support underwriting disclosure to various insurers/reinsurers
• Drive performance improvements by establishing and sharing best practice, challenging peers and maintaining key relationships across the insurance sector
• Building and developing strong cross-functional business partnerships
• Drive for timely claim recovery by project managing teams of asset managers, operations and maintenance professionals, and other relevant stakeholders within the company. 
• Incorporate learnings from claims into modified development, construction, and operation practices that seek to reduce the frequency and severity of any future claims.
• Negotiate with internal business partners, insurance brokers, insurance consultants through written and verbal communications.

About you

• Demonstrable experience within the insurance and risk management profession gained from in-house positions, insurance underwriting or brokerage experience - renewable energy (preferred)
• Experience in leading and placing insurance programs in the US, UK or global insurance markets
• Experience in reviewing and negotiating insurance terms and conditions including policy wording reviews
• Detailed knowledge of usual lines of insurance coverage purchased by a corporation the size of National Grid 
• Experience in leading and placing insurance policies in the US, UK or global insurance markets
• Experience in placing and managing large construction projects – preferably in the renewable energy sector
• Ability to review and advise on insurance provisions within project and finance documents, including liaison with lenders’ legal and other advisors
• Able to communicate group insurance strategy to key stakeholders at all levels

What we can offer you

A competitive salary of circa £64,000 per annum – dependent on capability and experience. 

As part of our hybrid and flexible working approach permanent role offers a mix of office working in our Warwick or London offices and home working. We can also offer some flexibility in terms of hours/times. 

As well as your base salary, you will receive a bonus based on personal and company performance and a competitive contributory pension scheme where we will double match your contribution to a maximum company contribution of 12%. You will also have access to a number of flexible benefits such as a share incentive plan, salary sacrifice car and technology schemes, support via employee assistance lines and matched charity giving to name a few.

About us

National Grid touches the lives of almost everyone in the UK, with an energy network that stretches across the Atlantic. We’re an international team, and our work underpins the lives of millions of people. Feet forwards, head up, and eyes bright, we’re working hard to create value for people today – and shape the future of energy tomorrow.

In the UK, we don’t generate or sell energy – we join the dots to get energy from A to B. From making a cup of tea in the morning, to keeping the lights on in hospitals, our electricity network puts power in the hands of people. Without it, the world as we know it would grind to a halt.

The world of energy is changing beyond recognition. Working at National Grid, you won’t just be touching the lives of almost everyone in the UK – you’ll be shaping the way we use and consume energy for generations to come.
 

More information

This role closes on 26/07/22,  National Grid’s recruitment periods can and may vary. We reserve the right to remove this advert or close it to further applications at any point during the recruitment process.

At National Grid, we work towards the highest standards in everything we do, including how we support, value and develop our people. Our aim is to encourage and support employees to thrive and be the best they can be. We celebrate the difference people can bring into our organisation, and welcome and encourage applicants with diverse experiences and backgrounds, and offer flexible and tailored support, at home and in the office.

Our goal is to drive, develop and operate our business in a way that results in a more inclusive culture. All employment is decided on the basis of qualifications, the innovation from diverse teams & perspectives and business need. We are committed to building a workforce so we can represent the communities we serve and have a working environment in which each individual feels valued, respected, fairly treated, and able to reach their full potential.