Principal Insurance Officer

3 weeks ago


StokeonTrent, United Kingdom iWork Recruitment Limited Full time

Contract to start ASAP until 23-01-23 with a possible extension.

**Job Purpose**

To manage the council’s insurance portfolio, including insurance arrangements for the council’s external companies

Actively defend liability compensation claims and litigation against the Client on a cost effective basis in conjunction with the Client's Insurers and Legal Advisors to reduce the cost of risk where possible

Establish and maintain an appropriate and cost-effective insurance portfolio as required by the Assistant Director - Finance to protect the client’s financial standing.

To provide professional insurance advice and claims handling services to the client, directorates and schools.

To provide professional efficient and effective insurance services to the client, directorates and schools.

To provide insurance advice and support for major client initiatives including partnerships.

To formulate develop and promote insurance risk management awareness and good practice across all areas to reduce the cost of the clients risk. Devising compliant processes for service areas where requested.

To provide legal and insurance advice to the strategic manager to enable the proficient settlement of liability claims.

To resolve all insurance liability claims (excluding those related to housing) through interpretation of policy wording and developing case law.

**Key Duties / Responsibilities**

**Strategic Management**

Establish, maintain and continually review an insurance portfolio suitable for the client’s requirements.

Establish, maintain and review specialist insurance schemes for schools’ requirements.

Provide professional advice on insurance and self-funding techniques for the council’s benefit.

Provide professional insurance services and advice to the client, directorates and schools.

Manage and defend liability compensation claims and litigation against the council on a cost-effective basis in conjunction with the client’s insurers and legal advisers to reduce the cost of risk where possible.

Provide claims management advice and handling services for other insurance claims for the client, directorates and schools.

Provide financial information on insurance and liability self-funding costs for accounting and budgetary requirements.

Develop promote and advise on insurance risk management strategies and procedures for individual directorates and services to reduce the cost of insurance risk and promote the benefits of risk management awareness and good practice.

**Skills**

Ability to communicate effectively with and influence a wide range of people inside and outside the council including senior managers.

Achieved or working towards the Chartered Insurance Institute (FCII or ACII) or the Institute of Risk Management (AIRM) or other relevant qualification.

Demonstrate detailed knowledge of insurance covers available, insurance principles and practice, self-funding and alternative risk financing techniques.

Demonstrate detailed knowledge of insurance risk management principles, practice and techniques

Experience of effective claims handling practices for legal liability and other insurance claims.

5220269-11-22

**Salary**: £21.00 per hour

Schedule:

- Monday to Friday

Work Location: One location

Reference ID: 5220269-11-22



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