There’s never been a more exciting time to join National Grid! 

As a nation, we’re working towards the goal of net zero carbon by 2050 and we’re committed to helping Britain reach this target by building a cleaner, greener energy system. But we can’t do this alone. We're looking for people who are brimming with enthusiasm and bursting with ideas to help us build and run a cleaner energy system for the future. Are you up for the challenge?

As an Insurance Adviser, you’ll support National Grid’s strategic goals by providing expert insurance, claims and risk management advice and support, with a particular focus on partnering the Strategic Infrastructure business in the UK.

You’ll provide insurance consultancy and solutions for new projects and technologies and is responsible for identifying insurable risks and managing them through cost effective provisions of insurance solutions. 

In addition, you’ll support the global insurance and reinsurance strategy and solutions by providing strategic thinking, data collection and representation of material matters and exposures. 

This role can be based out of our Strand or Warwick office, and we’d hope to see you at least two days per week but you’re welcome to be in the office more often if that would work best for you. We’re happy to discuss any additional flexibility in working patterns or requirements that you feel could help to make this job work for you!
 

What You’ll Do:

• Leading in the assessment, review, and recommendation of insurance requirements for the Strategic Infrastructure business and its respective investment projects. 
• Implement approved insurance strategies to ensure appropriate protection of National Grid’s assets, insurable liabilities, and new business developments.
• Leading special studies to ensure placement of coverage with proper limits of coverage, deductibles, and retentions. 
• Set direction by maintaining up to date knowledge of insurance markets. 
• Advise businesses on issues related to risk and insurance within commercial contracts. 
• Provision of credible data and analysis to support underwriting disclosure to various insurers/reinsurers.
• Drive performance improvements by establishing and sharing best practice, challenging peers, and maintaining key relationships across the insurance sector.
   

What You’ll Have:

• Insurance and risk management background ideally from within in-house positions, insurance underwriting or brokerage.
• Experience in leading and placing insurance programs in the US, UK, or global insurance markets. 
• Reviewing and negotiating insurance terms and conditions including policy wording reviews experience 
• Detailed knowledge of usual lines of insurance coverage purchased to support large complex infrastructure projects.
• Ability to review and advise on insurance provisions within project and finance documents, including liaison with lenders’ legal and other advisors.
• Strong stakeholder management experience, you can build and develop strong cross-functional business partnerships.
• Negotiation and influencing skills with the ability to work collaboratively with others.
• Self-discipline and strong organisational skills
• A positive attitude, high motivation, and the ability to maintain a culture that is based on teamwork, respect, and integrity.
• Ability to manage time effectively, set priorities and meet deadlines.

Don’t meet every single requirement? Studies have shown that women and people of colour are less likely to apply for jobs unless they meet every single qualification. At National Grid, we are committed to building a diverse, inclusive, and authentic workplace for everyone. So, if you’re excited about this role but your experience or qualifications don’t match the job description exactly, we encourage you to apply anyway. You might just be the right person for our growing business in this role or another one.
 

What You'll Get:

A Competitive salary, plus:

• Up to 15% Annual Bonus (based on personal and company performance)
• 28 days annual leave, plus eight statutory days in addition
• The option to buy additional or sell holiday days every year.
• A generous contributory pension scheme - we will double match your contribution to a maximum company contribution of 12%
• Financial support to help cover the cost of professional membership subscriptions.
• Life Insurance 10 x base salary.
• Family care benefits including a back-up care service for when your usual care arrangements fall through (six paid days each year as standard with the option to purchase further days).
• Access to apps which support health, fitness, and wellbeing.

Further Information:

This is a hybrid working role from our Strand or Warwick office with circa 2 days per week in the office. The closing date for this vacancy is Midnight 11 April ‘24, with interviews due to take place w/c 15 April '24 onwards. We encourage candidates to submit their applications as early as possible and not to wait until the published closing date. National Grid’s recruitment periods can and may vary. We reserve the right to remove this advert or close it to further applications at any point during the recruitment process. 

About Us:

Every day we deliver safe and secure energy to homes, communities, and businesses. We are there when people need us the most. We connect people to the energy they need for the lives they live. The pace of change in society and our industry is accelerating and our expertise and track record puts us in an unparalleled position to shape the sustainable future of our industry. To be successful we must anticipate the needs of our customers, reducing the cost of energy delivery today and pioneering the flexible energy systems of tomorrow. This requires us to deliver on our promises and always look for new opportunities to grow, both ourselves and our business

Inclusion and Diversity is not just about race, ethnicity, gender, or sexual orientation. It is about our employees who wake up every day to serve our 20 million customers. At National Grid, we aim to create an environment where everyone is welcomed for who they are and where our differences are not only accepted but are celebrated. We understand the value that a diverse team can add to our organisation and that is why we model inclusive behaviour starting with senior leadership. National Grid utilises the insights of our employees that come from all different cultures, backgrounds, and beliefs to better serve our customers and communities who are in the fore front of everything we do.

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