Senior Specialist - Property and Business Interruption

at  Vestas

FINANCE > VESTAS LEGAL, RISK & COMPLIANCE > GLOBAL RISK > INSURANCE

Vestas is looking for an experienced and driven Senior Insurance Specialist to join our Insurance & Risk team forming part of our global Legal, Risk and Compliance organization. The Insurance & Risk department is an integrated part of our Global Risk team consisting of other global expertise functions such as Enterprise Risk Management, Security & Crisis Management as well as a Contract Risk team overall responsible for sales contracting governance including policies and procedures globally applied.
This is a key position within the Insurance & Risk department with primary global responsibility of Vestas’ Property and Business Interruption program, including Construction All-Risk insurances needed to support the ongoing development of our global manufacturing footprint.
The department is handling all corporate insurances for Vestas Group and consist of nine highly experienced professionals dealing partly with insurance procurement, risk assessment, loss prevention and claims and partly with supporting sales activities in contract risk management. In our regional setup a part of the team is located Sweden, Spain, USA and Singapore, thereby being close to our Sales Business Units.
By encouraging a culture based on accountability, we give employees the chance to create meaningful, real-world impact through their work. We also cultivate employee performance and success by providing an inclusive, motivating environment with collaboration at its core. You will experience a team of great diversity both within competencies, experience, gender, and nationality.

QUALIFICATIONS

• Extensive and proven experience from the insurance sector, either from a broker, an Insurer or from corporate
• Long and extensive knowledge of Property and Business Interruption insurances from working with administration, renewals, negotiations, tendering, placement and/or reinsurance
• Solid working experience with premium allocations and risk data models
• Good with numbers and mathematics from working with more complex tasks in Excel
• Solid experience with handling large and/or complex property claims as a broker or customer
• Experience in handling insurances such as: Terrorism, EPL, Crime, Environmental liability insurance, Travel, Auto, WC etc., will be considered an advantage
• English - high level both verbal and written

Main tasks are (but not limited to)

• Responsible for renewal and development of our global Property and Business Interruption Program. This includes the administrative tasks connected hereto, which are supported by our Shared Service Centre in Manila, Philippines
• Responsible for design and placement of all Construction All-Risk insurances needed to support the investments made in expanding our production capacity
• Responsible for coordination of risk management initiatives and risk surveys required by our Insurers with the team colleague responsible for our Risk Management activities across our global insurance programs
• Responsible for ensuring that all property and business interruption claims are managed satisfactory in cooperation with the business, our Insurance Broker and our third-party claims administrator
• Responsible for ongoing communication with stakeholders and the business in general, including relevant information is made available and updated at our Intranet, as it relates to Property and Business Interruption and other lines of your responsibility
• Responsible for seamless collaboration with Broker and Lead Insurer to ensure all parties are informed and engaged at all times
• Facilitating a business interruption impact study in cooperation with Finance and Operations as primary stakeholders