Insurance Agency Professional

Job Description

Description:

Purpose of Role: Insurance Specialist is responsible for implementation and compliance to the IGR on Insurance Non-Life. The Insurance Specialist works closely (matrix) with Group function Corporate Finance and Tax and local insurance broker on claims interests.

Job Duties: • Manage and lead all insurance processes, procedures and yearly activities for the country in a timely and in an effective way, securing all relevant standards and rules are in place. • Responsible for all local mandatory insurances to ensure compliance with local legislation. • Provide advice on local insurance matters to relevant business leaders and stakeholders • Secure insurance optimization in the country, e.g. through avoidance of double insurance or buy-down of deductibles. • Accountable for collection of insured values for reporting to insurers and make sure that the values are declared in time for premium calculation purposes per each renewal date. • Secure Coordination of Risk engineering service . • Report accidental losses and document data necessary for filing of claims according to the claims handling procedures. • Coordination of relevant policies with local insurance broker if agreed centrally. • Inform Group Insurance on substantial changes in amounts insured and/or risk profile. • Inform global insurance department on large and/or complicated claims.

Competencies : Good knowledge and technical understanding on corporate insurance set up. • Basic knowledge of how to plan, organise and manage insurance costs and expenditures for a business or organisation. • Basic knowledge of the invoice and control process for proof of purchase. • Basic knowledge of policy agreements in which Client co-workers, property, assets or resources receives financial protection or reimbursement against losses or damages. • Basic knowledge of how to build external networks and attempt actions to influence external parties.

• Understand the basics of 1) contract provisions and legal doctrines; 2) claims management; create portfolios of and place insurance coverage; be knowledgeable of global insurance markets; pricing; risk aversion; regulation; and able to negotiate, write and renew insurance contracts. • Good knowledge of the Client Concept, Client Brand Identity and Client Culture & Values • Networking- Knowledge about how to manage and optimise insurance relations and transactions • Good communication skills to be able to understand and explain complex matters to people with different backgrounds. • Excellent analytical and numerical skills • Negotiating - Explores alternatives to reach outcomes acceptable to all parties. • Driving for results- Accomplishes goals, completes tasks, and achieves results. • Detail focus- Performs work with care, accuracy, and attention to detail. Performance Indicators • Retail direction, 10 jobs in three years • Ingka Financial Strategy • Corporate Finance and Tax Business Plan • Insurance Business Plan • Individual goals accordingly to yearly development talk Competencies: • University degree in Business administration, economics, law or related area • 5 years of experience in the (international) insurance market; as a customer, a broker or insurance company. • Proven experience in negotiating and administering large complex claims. • Excellent communication skills and fluent in English. • Experienced in Microsoft program

Shift

1st Shift