Role Overview
We are looking for a Global Insurance Lead to take ownership of the companys global insurance portfolio. This is a newly created role within the Indirect Procurement organization reflecting the growing importance and complexity of insurance and risk management across our operations.
The role combines hands-on insurance management with strategic advisory responsibilities ensuring adequate coverage cost optimization regulatory compliance and strong partnerships with brokers and insurers worldwide.
Key Responsibilities
Insurance Portfolio Management
Manage all corporate insurance programs including:
Property
General and Product Liability
Motor / Fleet
Workers Compensation (or local equivalents)
Professional Indemnity
Directors & Officers (D&O)
Other specialized insurance lines as required
Assess insurance risks and ensure appropriate coverage levels limits and policy terms
Lead the annual insurance renewal process including data collection exposure analysis and negotiations with brokers and carriers
Coordinate insurance claims ensuring timely handling proper documentation and resolution
Maintain strong relationships with brokers insurers and third-party administrators
Analyze loss history claims data and insurance cost trends
Identify opportunities to reduce risk exposure and optimize premiums
Provide data-driven recommendations to improve coverage efficiency
Ensure compliance with internal insurance standards and external regulatory requirements
Prepare insurance reports for internal stakeholders and auditors
Support contract reviews from an insurance perspective including indemnity and insurance clauses
Advise leadership on emerging insurance and risk trends
Support business continuity planning and crisis management initiatives
Provide guidance and training on insurance coverage awareness and loss prevention
7 years of experience in Corporate Insurance Management Risk Management or Insurance Procurement
Proven experience managing global or regional insurance programs
Exposure to multiple insurance lines and complex insurance structures
Experience in multinational or matrix organizations
Strong analytical and problem-solving skills
Solid understanding of insurance policy wording coverage structures and exclusions
Strong negotiation skills with brokers and insurers
Ability to work independently in a Lead Individual Contributor role
Strong stakeholder management and communication skills
Bachelors degree in Finance Business Economics Law or a related field
Insurance or risk-related certifications (e.g. ACII CPCU ARM) are an advantage but not mandatory
As an equal opportunity employer FLSmidth embraces diversity and equality by promoting an environment of inclusion. We encourage applicants of all backgrounds and perspectives to apply - the more diverse our employees are the stronger our team our commitment to equal opportunity and eliminating bias we kindly request that you exclude personal information such as age ethnicity marital status number of children and photographs from your application materials.
FLSmidth is the leading supplier of engineering equipment and service solutions to customers in the mining and minerals industries for more information please visit
FLSmidth is the full flowsheet technology and service supplier to the global mining and cement industries.