Group Risk & Insurance Manager

Location:

Dublin, Leinster, Ireland

Salary:

Competitive

Type:

Permanent

Main Industry:

Search Management & Executive Jobs

Advertiser:

CRH

Job ID:

130845932

Posted On:

23 July 2024

 

Country:
Ireland 

City: 
Dublin 
Req ID: 
#

About CRH

We are CRH, and we are committed to contributing to a more resilient and sustainable built environment. We understand the wider impact our businesses can make in supporting human activity. We continue to do this through the delivery of unique, superior building materials and products for use in road and critical utility infrastructure, commercial building projects and outdoor living solutions.

CRH (NYSE: CRH, LSE: CRH) is the leading provider of building materials solutions that build, connect and improve our world. Employing c.78,500 people at c.3,390 operating locations in 28 countries, CRH has market leadership positions in both North America and Europe. As the essential partner for transportation and critical utility infrastructure projects, complex non-residential construction and outdoor living solutions, CRH’s unique offering of materials, products and value-added services helps to deliver a more resilient and sustainable built environment. The company is ranked among sector leaders by Environmental, Social and Governance (ESG) rating agencies. A Fortune 500 company, CRH’s shares are listed on the NYSE and LSE.

Without you noticing our products, we are everywhere you live, work, and relax.

Our project portfolio includes some of the most sustainable and cutting-edge building projects around the world. Think of the asphalt on the Silverstone Grand Prix Circuit, the Paris Metro Rail project, but also the Louis Vuitton Museum in Paris, parts of the Burj Khalifa, and the Kennedy Space Centre.

Learn more about us through the following Link.

CRH has an exciting opportunity within its Group Risk & Insurance function. Based in the Group’s headquarters at Stonemasons Way, Rathfarnham, Dublin 16 the Group Risk & Insurance team has responsibility for management of the Group’s global insurance program, which encompasses (i) pooling major exposures (ii) retaining portions of those exposures either within the Group-owned “captive” insurance entities or through external market insurance programs and (iii) employing strongly rated insurance companies to act in varying capacities as carriers across multiple lines.

The senior role will be cross-divisional providing the successful applicant with a high level of exposure to the Group’s operating entities, to other Group functions and to Group Captive Boards, offering significant opportunities to deliver value and to develop wider knowledge of the organisation.

Key Tasks and Responsibilities
The key elements of the role are outlined below. Flexibility may be required, with some core process elements, together with periodic emphasis on project-based activities.

Group Insurance Programs

-Annual management of the Group’s Insurance Program.
-Collection, verification, and consolidation of sums insured and financial data for the annual renewal of the Group’s insurance program worldwide through utilization of Web Risk data system.
-Production of renewal submissions for captive managers, fronting insurers, brokers, and reinsurance panel.
-Preparation of information for annual London Insurance Market renewal presentations. 
-Provide support with benchmarking, and allocation of premiums to CRH operating companies.
-Administration and distribution of appropriate insurance documentation including, Group insurance manual, certificates of insurance and contract documentation to support operating company business objectives.
-Analysis and loss ratio calculations for captive accounts and renewal premium allocation.
-Provision of data and information for Board Meetings & Committee Meetings when required.
-Identification of potential opportunities to enhance the Group’s Insurance Program either through expansion of current wordings or analysis of potential for new lines of cover. 
 

Claims Management and Oversight

-Provide support in management of claims across multiple of insurance with specific focus on large losses.
-Preparation of analysis of claims loss ratios, and trends for operating company presentation.
-Preparation for attendance at quarterly claims stewardship meetings and following up efficiently on actions.
-Proactive management of daily insurance queries from CRH operating companies.
 

M&A / Divestments

-Lead and manage insurance workstream and provide advice in insurance due diligence processes for Group M&A activity.
-Implement the required insurance strategy for targets and identify synergies to ensure the optimum solution is achieved.
-Preparation of coverage schedules and obtain market comparisons and benchmarks for internal and external stakeholders.
-Liaising with senior stakeholders, leading and managing SPA reviews and Warranty & Indemnity insurance process where required.
 

Key Characteristics

-Team player with ability to contribute both individually and as part of a team.
-Demonstrates integrity and trust, with ability to maintain discretion and confidentiality.
-Highly motivated and comfortable working in a demanding fast-paced environment.
-Ability to prioritise and manage multiple deliverables. 
-Self-motivated with the desire for personal and Group achievement.
-Ability to think strategically and align with Group objectives.
-Strong interpersonal skills and ability to liaise with Managing Directors, CFOs, Captive Board Members, and other senior leaders both internally and externally.
-Proactive in keeping up to date on current insurance market trends and ancillary insurance products.
 

Experience / Education
You are/have:

-Professional qualification (ACII or equivalent).
-10+ years’ experience working in a broking, underwriting or insurance/risk management role in industry or in a parent.
-Detailed knowledge across captives and multi lines of insurance and coverage technicalities.
-Specific claims handling experience and language capabilities would be an advantage.
-Proven track record in liaising with senior stakeholders.
-Strong financial and analytical skills and attention to detail, with a commercial mindset focused on economic value.
-Advanced proficiency in Microsoft Excel, PowerPoint, and Word.
 
What CRH Offers You

-A culture that values opportunity for growth, development, and internal promotion

-Highly competitive salary package

-Comprehensive secondary benefits

-Significant contribution to your pension plan

-Health and wellness programs, including an on-site gym and fitness classes

-Excellent opportunities to develop and progress with a global
organization

Connect your future to CRH

We are curious to learn more about you. At CRH, we believe our mutual differences contribute to the healthy, productive, and enjoyable workspace we create. Please introduce yourself and send us your application.

Is this role not for you, but do you know someone who would love to join the team? Please let us know!

CRH finds it important that vacancies are shared to individuals that may find them interesting and/or could be suitable for the role

our recruitment team at careerscrh.

CRH is an equal opportunity employer. We are committed to creating an inclusive work environment for all employees and actively encourage applications from all sectors of the community.

Benefits/perks listed above may vary depending on the nature of the employment with CRH and the country where you work.

Please note that we cannot accept any applications submitted through email for GDPR purposes. Candidates must apply through our job portal.

We do not accept candidate introductions for this position from recruitment agencies, unless you have been instructed to do so by our recruitment team.

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