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The Save the Children Fund, commonly known as Save the Children, is an international non-governmental organization that promotes children's rights, provides relief and helps support children in developing countries
Role Purpose:
The Head of Global Insurance will be expected to take a leading role in building the culture and systems for managing insurance risk in Save the Children. Save the Children has agreed an ambitious new strategy for 2022-24, which requires us to take and manage an appropriate level of risk, often in complex environments, in order to improve the lives of the most marginalised children and communities.
The Chief Risk Officer leads a Risk Hub which includes the insurance function, ensuring the organisation has the right policies and procedures for managing risk, and supporting that with a comprehensive insurance programme that reflects the risk controls that are established.
Under the guidance of the Global Insurance Director and supported by the other Insurance team colleagues, the Head of Global Insurance will develop a Centre of Insurance Excellence for the Save the Children movement; driving administrative and financial efficiencies for Save the Children International (SCI) and Save the Children Member organisations, and promoting and delivering professional risk financing and required training. Supported by her/his insurance team, the Head of Global Insurance will be expected to work closely with other risk functions reporting to the Chief Risk Officer to develop a coherent and coordinated risk approach and appetite for the organisation.
The role-holder will be responsible for setting and managing global Insurance programmes (General or Employee Benefit insurances) on the most effective and efficient basis, and will provide shared insurance services to Save the Children Members, achieving improved risk coverage, consistency across the Movement and overall cost of risks savings.
The role-holder will have responsibility for managing insurance premiums across their portfolio of insurance programmes. Additionally, the role-holder will have responsibility for managing SCI’s brokers, consultants and service providers supporting these programmes and ensuring SCI’s spend on these is optimised.
Finally, the role-holder will have the responsibility of managing insurance claims, advocating SCI’s position in complex cases, to bring these to the best possible conclusion.
EXPERIENCE AND SKILLS
Closing: 21 July 2022
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