Captive and Insurance Manager

Job Introduction

Sodexo have an exciting new role to recruit in our Group Insurance Department.

As part of Sodexo Group Finance, the Group Insurance Department is continuously enhancing the insurance coverages across the entire company in order to mitigate existing and future risks and to assist operations in developing business in new services and/or new geographical areas for our On Site Services, Benefits and Rewards Services and Personal and Home Services.

Role Responsibility

The Captive & Insurance Manager will be based from our offices in Dublin and will work as part of a global team with colleagues in Paris and the US, you will be responsible for handling the insurance policies that are managed through Sofinsod Insurance dac (the “captive”) as well as supervising the Nordics, Central Europe, Med areas for their assets and interests as well as the insurance covering its customers or third party or any risk that need to be insured.

As Captive Manager, you will:

• Manage the following group insurance programs: Property, Marine-Cargo & Motor insurance:

1. Policy renewals for all lines of coverage
2. Claims management
3. Manage third party administrators and insurance broker relationships and performance

• Prepare Board meetings (2 times per year) including financial report analysis and claims trend analysis
• Perform pricing/funding analyses, valuation of liabilities, captive feasibility, and risk retention optimization

As an Insurance manager, you will:

• Support the entities within your geographical scope, including reviewing and advising on various day-to-day issues and concerns involving insurance coverages, claims, certificates of insurance, and policies, programs and procedures.
• Risk assessment, which involves analyzing risks as well as identifying, describing and estimating the risks affecting the business, minimize risk of financial loss.
• Providing support, education and training to staff to build risk awareness within the organization.
• Create and modify procedures and documents related to insurance policies.
• Manage insurance data, claims statistics, administrate the insurance IT tool and ensure insurance reports’ reliability
• Perform insurance acquisition and due diligence analysis

The Ideal Candidate

• An education background in Law or Insurance eventually completed with a Master’s in Risk and Insurance Management with a good knowledge in Liability Law and contractual risk mitigation or equivalent experience.
• Significant experience working within an insurance department, legal department or in an insurance broker firm.
• Experience forming and operating a captive insurer, and experience with alternative risk transfer techniques.
• Demonstrated listening and problem-solving skills
• Expert understanding of insurance coverage
• Strong communication skills
• Good financial data management skills.
• Ability to work autonomously 

Package Description

The salary for the role is circa £85,000 depending on experience plus an excellent benefits package

About the Company

In the UK and Ireland, Sodexo employs some 36,000 employees to deliver integrated facilities management services to clients at over 2,000 locations in the energy, corporate, healthcare, education, leisure, defence and justice sectors. With an annual turnover of over £1bn, we provide everything from catering, cleaning and reception to security, laboratory and grounds maintenance services, enabling our clients to focus on their core business.

At Sodexo we are committed to a leading role in promoting equality opportunities and valuing diversity and inclusion. We seek to create a work environment based on mutual respect for all individuals, building a culture that appreciates and values the experiences and skills brought by each person to benefit our organisation and work hard to ensure that all people, whatever their race, colour, sex, gender identity  disability, nationality, national or ethnic origin, religion or belief, marital/partnership or family status, sexual orientation, age, social class, educational background, employment status, working pattern, are welcome to and included within our organisation. 

We’re a Disability Confident Leader employer. We’re committed to changing attitudes towards disability, and making sure disabled people have the chance to fulfil their aspirations.

We are building on our support to the Armed Forces community through the development of specific pathways within our recruitment process to  support ex-forces personnel and reservists, those applying for jobs with us who meet the ideal candidate criteria for the role advertised are guaranteed to progress to the selection process.