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Corporate Insurance Risk Specialist

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The Insurance Risk Manager will oversee the efficient management of insurance risk management functions in Europe and its cluster countries. This includes responsibility for all local Product Groups reporting units, including subsidiaries, affiliated and joint venture companies, if any, and support Country Treasurers / respective global or local Work Stream, Broker and Head of Insurance Risk management. The role involves managing surety bond relationships with Brokers, Insurers, and coordinating with Export and Trade Finance for Guarantee Management. Additionally, the Insurance Risk Manager will review and monitor insurance needs across countries, establishing key contacts in Business and Finance to ensure proper coverage. The role also involves ensuring adherence to global Directives & Instructions for local insurance purchases, focusing on reputable and creditworthy insurers and compliance with local insurance requirements. Furthermore, the Insurance Risk Manager will actively support local Divisions, Business Units, and the Legal Department with tenders and Risk Review processes. The role also involves integrating local risk control efforts with PG Group worldwide through liaison with GF-GTI, leading risk control activities including Property Risk Engineering surveys and Transport Risk Control workshops. The Insurance Risk Manager will also design and implement systems with GF and Brokers for insurance premium distribution, providing financial incentives for better risk control, and distribute budget advice annually. Additionally, the role involves preparing and conducting insurance risk management seminars with local business organizations and other Group Functions. The Insurance Risk Manager will also provide input on insurance risks during M&A due diligence processes. Finally, the role involves managing departmental operating budget and maintaining local manuals in addition to GF's manual.