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About us
Avencia Consulting are partnered with a leading Specialty & Bespoke Insurer based in London who are looking to hire a Head of Sustainability to join.
The Company currently writes lines of business including; specialty insurance: aviation & aerospace, energy, marine, property, terror & political violence, contingency and other specialty lines; reinsurance: property reinsurance, property retrocession, specialty reinsurance, whole account/multi-class and bespoke.
The role
The Global Head of Sustainability will work with senior management and practice heads to further develop the companies sustainability policies and their practical application throughout the firm's internal operations and underwriting activities.
Key accountabilities
- Manage the Sustainability Department with associated budgets and accountability;
- Manage and refine the strategic sustainability framework to maintain the firm's position as a progressive, responsible insurer;
- Manage the day-to-day application of sustainable underwriting guidelines to underwriting activities;
- Build out and refine collection and reporting of sustainability metrics, following evolving reporting standards and requirements (including ClimateWise reporting and insurance-associated emission reporting);
- Work with relevant underwriting teams to advance commitments to transition;
- Co-ordinate with functions across the business to embed sustainability into operations (covering both employee engagement in environmental topics and Diversity, Equity & Inclusion initiatives);
- Represent the business to the ESG community and lead or support engagement with market bodies and initiatives.
Skills & experience
- Bachelors or Masters Degree;
- Professional qualifications commensurate to experience;
- Practical experience of financial services sustainability landscape including ESG ratings, sustainable finance frameworks, carbon or energy transition markets and/or the measurement of social value and social impact;
- Minimum 10 years professional background in financial services; insurance, asset management, investment banking or related field;
- Experience with corporate governance and operating frameworks to develop policies, procedures, and reporting protocols;
- Working knowledge of major sustainability initiatives such as UN Environmental Programme Finance Initiative, UN Sustainable Development Goals, EU Taxonomy, Taskforce for Climate Related Financial Disclosures, regional supervisory agencies driving climate change policies and regulations, and specialist ESG data providers.
- Ability to engage and motivate colleagues including senior management and insurance practice leaders;
- Strategic development and project management expertise;
- Statistical analysis and data management expertise;
- Strong written communication skills to enhance external statements and positioning;
- Ability to curate and deliver internal ESG training modules;
- Foster and maintain partnerships / membership with external organisations and associations.