Head of Corporate Insurance (m/f/d)

Job Description

*The position offers the opportunity for hybrid working with a combination of home office and office presence.*

ABOUT THE JOB

• Coordination and management of the specific risk assessment for the Group
• Leadership of the Group Corporate Insurances team
• Communication and presentation of Group strategy upwards (to the TUI leadership team and MD´s of markets/entity’s) and downwards to local insurance experts
• Group-wide risk analysis, potentials, probabilities of occurrence – and (financial) valuation
• Steering of actuarial calculations, development of renewal strategies
• Conceptual development and systematic creation of international coverage concepts, taking into account all existing local laws, tax and compliance-relevant regulations, economic aspects as well as structural, political, strategic and operational considerations
• Development of the insurance policy of the TUI Group and structuring of insurance contracts by means of international concepts (aggregates, masters, drop downs, vertical placements, stop loss, etc.)
• Allocation of cost to group entity’s
• Benchmarks and market analyses for the entire TUI Group in cooperation with brokers and insurers
• Legal development of individual and TUI-specific global insurance program and terms and conditions
• Steering of the insurance broker and relationship management
• Coordination with brokers, management of the (international) broker network
• Major Loss Management to provides businesses with the benefit of having one point of contact for their insurance claim
• Organization and leading of Roadshows, Underwriter Meetings, Contract Negotiations
• TUI´s Captive Management – Control of activity’s, improvement of setup and guidance of the captive employees

ABOUT YOU

• Completed studies (economics / law desirable) or comparable insurance-relevant training, but at least basic knowledge of international contract law required
• At least 5 years of professional experience in the field of international insurance business (proven by insurance or brokerage activities)
• Strong knowledge in the areas of liability, property and business interruption insurance worldwide, proven by relevant professional experience
• Strong knowledge in the field of aviation insurance, proven by appropriate professional experience
• In-depth knowledge of D&O to protect board members, managers, and employees in defending against claims made by shareholders or third parties for alleged wrongdoing
• Knowledge of personal insurance desirable
• Knowledge in Captive management
• Fluent in English, other languages are an advantage
• Presentation skills, negotiation skills, strong communication skills, project management
• Willingness to travel

ABOUT OUR OFFER

• Working in the leading global tourism group: We stand for intercultural cooperation and offer the opportunity to work in international projects and teams.
• Mobile working and flexible working hours: We believe that work is something you do, not where you go. Our offer: newWork@TUI (hybrid working) & TUI Workwide (Working from abroad)
• Development and career opportunities: We promote the potential of our employees with a wide range of (digital) training opportunities and international career opportunities.
• Personal benefits: We offer attractive remuneration with holiday bonus, generous travel benefits, extensive health & wellbeing offers and much more.

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