Reference: 21893
The duties of this role relate to the overall management of the Insurance Management area
What you would be doing
You would be overseeing the work of the Insurance Management team who are responsible for the management of insurance companies on behalf of clients who do not have a local physical presence on island. They also assist companies arrange insurance cover for death in service and PHI. The role includes:
- Acting as the Account Director for the insurance management clients; dealing with client boards, committees, services providers and professional advisors
- Assuming responsibility for delivering client services to a high standard, effectively and efficiently in accordance with service level standards
- Assuming responsibility for ensuring that all client regulatory and legal issues are complied with
- Preparing and presenting reports to the client boards and committees
- Acting as the main point of contact with the GFSC and other external bodies
- Assisting with new business presentations, proposals and insurance license applications
- Working with the compliance team to ensure an efficient delivery of services
- Understanding the company’s business plan and budget to contribute to delivering it
- Overseeing the day to day management of the Insurance Management Team, carrying out appraisals and liaising with HR on staff matters
- Identifying and implementing practical improvements to current policies, procedures and business practice including from changes to relevant GFSC rules and guidance
- Maintaining awareness and management of operational risk within the insurance area
- Membership of the Insurance Risk and Compliance Committee (IRCC); Insurance Marketing committee and other committees as agreed
- Assisting the CEO in preparing and reporting to the BWIM/BWIB boards and committees
- Assisting with ad-hoc projects as may be reasonably requested
Who you will be reporting to
- Partner, Head of Group Risk and Compliance
Skills and experience required
- ACII qualification or equivalent (or working towards it)
- Prove experience in insurance company management. Life insurance experience is preferable.
- A strong technical knowledge of legal and regulatory requirements relevant to Guernsey insurance companies is required.
- Previous experience in managing and leading a team is required.
- Experience in influencing, supporting and implementing change would be advantageous.
- Well-developed relationship management skills
- Proven ability to communicate effectively across the whole business and with clients and external bodies
How we support our colleagues
- Comprehensive benefits package, including bonus, pension, medical cover and life insurance
- We encourage a diverse workforce
- Flexible working arrangements
- Paid volunteering days
- House purchase loans
- Monthly tea and talk
- Weekly yoga
- And much more!
How to apply
- If you are interested in this role then please email your CV along with any other relevant information to hr@bwcigroup.com.
Equal opportunities statement
BWCI is committed to eliminating unfair discrimination and encouraging diversity amongst our workforce. The Partners and Senior Management demonstrate commitment to equality and fairness irrespective of gender, marital status, race, ethnic origin, colour, nationality, national origin, disability, sexual orientation, religion or age. We oppose all forms of unlawful and unfair discrimination. If you require assistance or reasonable adjustment in order to attend an interview, please let our HR team (hr@bwcigroup.com) know at the time of application.
