Group Insurance Manager
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Posted on:
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1 Vacancy
Job Summary
Job Title: Group Insurance Manager
Contract Type: Permanent
Location: Edinburgh or Alderley Edge or London or Plymouth
Working style: Hybrid 50% home/office based
Closing date: 20th March 2026
The Group Insurance Manager owns the design placement and management of the enterprise insurance programme for Royal London.
In this role you will ensure optimal risk transfer for the Group its pension schemes (where applicable) funds/vehicles and trustees/Directors covering financial lines e.g. Professional Indemnity (PI) Investment Management Insurance (IMI) Directors & Officers (D&O) Trustee Liability Crime Cyber property and casualty travel employee benefits interfaces and the Property Asset Management business.
You will work closely with Risk Legal Compliance Finance and Procurement to embed a robust insurance programme aligned to regulatory and company expectations such as FCA Consumer Duty Operational Resilience and Third-Party Risk.
About the role
Lead the design placement and management of the enterprise-wide insurance programme.
Oversee claims management and incident response ensuring effective management of losses and recovery.
Manage governance reporting policy review and regulatory alignment across insurance activities.
Support financial planning through exposure analysis loss modelling capital management and scenario testing.
Build strong relationships with internal stakeholders and the external insurance market including brokers and insurers.
About you
Essential
Demonstrable experience managing corporate insurance programmes in financial servicesideally asset management pensions wealth or capital markets.
Strong knowledge of financial general property cyber crime and construction lines with hands-on claims experience.
Proven track record reviewing policy wordings endorsements and complex indemnity/insurance clauses.
Experience interacting with brokers and promoting a positive image with insurers.
Familiarity with the FCA regulatory environment.
Strong understanding of risk management and its influence on insurance purchasing and risk financing.
Excellent stakeholder management skills with the ability to engage Boards ExCo Legal Compliance Procurement Technology and Fund teams.
Advanced analytical skills (loss modelling exposure analysis scenario testing) with strong written communication suitable for Board-level papers.
Professional insurance qualification Chartered Insurance Institute (CII) preferred.
SM&CR awareness with the ability to operate within conduct rules and attestations.
Desirable
Experience within a broker insurer or leading placements for financial services clients.
Exposure to fund/vehicle structures (AIF/UCITS) and LP/GP expectations regarding insurance.
Additional professional qualifications (Dip CII/ACII Institute of Risk Management (IRM) CISI Association of Insurers and Risk Managers in Industry and Commerce (AIRMIC).
Experience with runoff warranty and indemnity as well as transactional liability matters in mergers and acquisitions situations.
About Royal London
Were the UKs largest mutual life pensions and investment company offering protection long-term savings and asset management products and services.
Our People Promise to our colleagues is that we will all work somewhere inclusive responsible enjoyable and fulfilling. This is underpinned by our Spirit of Royal London values; Empowered Trustworthy Collaborate Achieve.
Weve always been proud to reward employees by offering great workplace benefits such as 28 days annual leave in addition to bank holidays an up to 14% employer matching pension scheme and private medical insurance.
Inclusion diversity and belonging
Were an Inclusive employer. We celebrate and value different backgrounds and cultures across Royal London. Our diverse people and perspectives give us a range of skills which are recognised and respected whatever their background.
Required Experience:
Manager
Key Skills
- Fashion Retail
- Forklift
- Developmental Disabilities Experience
- Management Experience
- Mediation Experience
- Serving Experience
- Warehouse Experience
- Product Management
- Alternative dispute resolution
- Leadership Experience
- Supervising Experience
- Social Work
About Company
From Pensions to Retirement, Savings, Investments and Life Insurance, Royal London has been helping people plan for life’s financial milestones since 1861.
