
Website Easyjet
Job Description:
- The team works with a number of external stakeholders including customers, risk consultants, academic institutions, banks, card schemes, fraud screening providers, technology providers, regulators, law enforcement, insurers, brokers, re-insurers, legal firms and loss adjusters. Internally, the team work with every other area of the business in some form but mainly with Finance, Legal, Operations, Safety and Strategy
- This role reports into the Senior Corporate Risk Manager and Head of Insurance.
Job Responsibilities:
- Building and maintaining, alongside the Senior Corporate Risk Manager and Head of Insurance, appropriate internal and external relationships including insurance brokers, insurers, reinsurers, legal advisors, loss adjusters & risk consultants
- Own all insurance related activities in the unlikely event of a major loss – be prepared through crisis management exercises/ workshops
- Helping to mitigate exposure to 3rd party suppliers through contract review and sign off of insurance provisions, taking advice from the broker, external counsel and/ or Senior Corporate Risk Manager and Head of Insurance where necessary
- Managing commercial relationships, renewals and negotiations across a wide range of insurance policies for a multi-billion pound digital travel business
- Working with the Claims Analyst, own and manage the insured claims process and handle, as required, individual claims for a wide array of insurances, which can be highly sensitive in nature (e.g. death in service, pilot loss of license, D&O, passenger & employee personal injury). Ensure a continual improvement methodology is maintained.
- Providing input into the insurance strategy and then owning the execution of that strategy
- Acting as the subject matter expert/ go to person for insurance both internally and externally, with referral to the Senior
- Corporate Risk Manager and Head of Insurance as necessary
- Identification and implementation of risk transfer solutions to dovetail into enterprise risk framework, in conjunction with
- Risk and Assurance team
- Reducing insured risk exposures to limit financial exposure, support Safety Risk performance and differentiate easyJet within the insurance market
- Technical leadership to the Claims Analyst and Broker Outsourced Team
Job Requirements:
- Ideally will hold a formal Insurance/ risk management qualification
- Ability to deliver – drive and energy to achieve objectives, working as part of a team and cover for other members
- Ability to communicate complex ideas very simply at all levels
- Exceptional communication skills, including interpersonal, negotiation, influencing, written and presenting
- Strong multi-tasking skills and experience of balancing priorities to meet deadlines
- Strong contract (commercial contracts and insurance policy wording) experience, with the ability to negotiate terms, balance risk vs reward, and analyse and model insurance cover
- Good organisational skills – structured approach
- A true self-starter (and finisher), with high levels of motivation and enthusiasm.
- Strong MS Word/ Excel/ PowerPoint/ Outlook and general computing skills
- Strong hazard or operational risk management experience – ability to engage stakeholders to effect risk reduction change
- Ability to manage upwards, across a number of executive roles
- Ability to work under pressure to tight deadlines and manage numerous work streams simultaneously
- Demonstrate a detailed understanding and practical ‘hands-on’ experience of insurance related matters
- Leading, with the ability to drive strong performance, develop talent and resolve performance issues
Qualification & Experience:
- High level of integrity and professionalism
- Experience of leading an insurance function in a large complex FTSE 100/ 250 (or equivalent) preferred
- 7 years + Insurance/ risk management experience essential
- Experience of managing external relationships i.e. Brokers, (Re-)Insurers, Lawyers, Loss Adjusters essential Experience of effectively developing and using data to deliver insured risk improvements – improved cover or risk/ exposure reductions
- High degree of numeracy
Job Details:
Company: Easyjet
Vacancy Type: Full Time
Job Functions: Finance
Job Location: Belfast, Northern Island, UK
Application Deadline: N/A
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