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Insurance Manager

London, United Kingdom

Contract Type Permanent
Career Level Experienced Professional
Function Finance
Salary Range Competitive salary
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Why Finance? Overview

Why Finance?

Our vision is to build on our world-class finance team and make them the driving force for our financial future. We take charge of business growth by providing expert guidance, flawless insights, and commercial leadership. We’re taking our commercial partnership with the rest of the business to the next level by simplifying our core Finance activities, leveraging technology, providing sharper insights and driving effective resource allocation. We’re not only driven to achieve the competitive edge in our industry; we’re determined to change it.

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Why BAT?

At BAT, we’re committed to more than just jobs, we’re dedicated to purposeful careers - It's one of the many reasons we have been named as a Global Top Employer for the eighth consecutive year.

We believe that Leadership shouldn’t be confined to titles. It’s a mindset and through our leading Learning and Development programmes, you’ll continuously develop your skills and experience. With our unwavering support, you’ll work in cross functional teams connecting with industry leaders and expanding your professional network.

Join us at BAT, where purpose meets possibility, and your career story unfolds.

A Better Tomorrow

Building a Smokeless World is no small feat—it’s fueled by the collective efforts of talented individuals, each bringing their unique perspective. This is the most innovative chapter in BAT’s history, and you can help shape it.

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Insurance Manager

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BAT is evolving at pace into a global multi-category business. With products like VELO, VUSE and GLO we are on a mission to decrease the health impact of our industry

To achieve our ambition, we are looking for colleagues who are ready to Be The Change. Come, join us on this journey!

British American TobaccoUK has an exciting opportunity for an Insurance Manager at Globe House, London – UK.

A new manager role has been built to deliver key aspects of the operational Insurance activities and to support in the delivery of the Group’s Insurance strategy.

This is an exciting opportunity to join a growing and evolving company, where the candidate will have the opportunity to expand their multi-national insurance skills across many global insurance placements and be involved in key company-wide initiatives in relation to risk management and the evolving supply chain. Team members continue to advance their skills by rotating responsibilities dependent on experience. 

As part of the Group Insurance team supporting the Senior Insurance Manager, the position will be responsible for the management of the day-to-day activities in relation to the many of the Group’s Insurance programmes. Alongside the administrative duties, this includes supporting the negotiation, placement and renewal of the Insurance programmes and being a technical partner concern point for issues raised internally or externally, including claims management.

The team interfaces internally with a wide range of functions and collaborators. The successful candidate will be expected to participate in wide-ranging conversations, from advice to local End Markets, to advising on technical contractual questions and liaising with partners in relation to key risk exposures.

The team is also supported by various external providers including insurers and brokers. As well as participating in regular review meetings, the successful candidate will be expected to articulate coverage/programme challenges, finding pragmatic solutions and facilitate discussions regards loss prevention activities across the various classes of insurance.

Insurance is part of the Group’s Risk & Insurance team, led by the Group Head of Risk & Insurance which is part of the wider Finance Function.

Your key responsibilities will include:

  • Assist the Senior Insurance Manager in the delivery of the Group’s Insurance activities.
  • Handle the delivery of key Global Insurance programmes. This includes all aspects of programme delivery including;
    • Being the point of contact for technical mentorship in relation to insurance queries arising from internal or external parties
    • Reviewing and debating insurance policy coverage
    • Assisting with the negotiation, placement and renewal of the insurance policies
    • Claims management 
  • Provide input into business initiatives from an insurance and risk management perspective
  • Liaise with collaborators and assist in the communication with senior management to detail key risk exposures.
  • Support the management of the external service providers in the delivery of their services and annual objectives in accordance with contractual arrangements.
  • Keep up to date with insurance market conditions and standard methodologies.
  • Coaching and training of other risk and insurance team members as required.

What are we looking for?

  • Relevant Finance, Risk Management or Insurance qualification is required.
  • Experience of managing Global multi-national insurance programmes and an understanding of captives is expected.
  • A comprehensive understanding of P&C insurance, with proven experience including;
  • An ability to critically analyse policy construction and interpret policy wording
  • Expertise to assess adequacy of the wording and to be able to debate the policy language with the brokers and insurers is required
  • Demonstrable knowledge and experience of dealing with key classes of insurance; including placement considerations and an understanding of potential coverage challenges.
  • Good understanding of BAT’s business and operating models is desirable but experience in large multinational organisations is required.
  • Good facilitation, interpersonal skills and experience at influencing and negotiation is required.
  • Strong written and verbal communication skills required, able to produce high quality documents and engage at all levels throughout the organisation.
  • Ability to think creatively and problem solve from an insurable risk and policy wordings perspective.
  • Ability to simplify complex situations, synthesise and present complex information is a pre-requisite, with a demonstrable record of strong analytical capabilities. 
  • Ability to deliver to deadlines and prioritise competing demands is required.
  • Strong IT literacy and knowledge is required.  Strong excel, word and PowerPoint skill are also required. 

What we offer you?

  • We offer a market leading annual performance bonus (subject to eligibility)
  • Our range of benefits varies by country and includes diverse health plans, initiatives for work-life balance, transportation support, and a flexible holiday plan with additional incentives
  • Your journey with us isn't limited by boundaries; it's propelled by your aspirations. Join us at BAT and become a part of an environment that thrives on internal advancement, where your career progression isn't just a statement – it's a reality we're eager to build together. Seize the opportunity and own your development; your next chapter starts here.
  • You'll have access to online learning platforms and personalized growth programs to nurture your leadership skills
  • We prioritise continuous improvement within a transformative environment, preparing for ongoing changes

WHY JOIN BAT?

We’re one of the few companies named as a Global Top Employer by the Top Employers Institute – certified in offering excellent employee conditions.

At BAT, we champion collaboration, inclusion, and partnership as the bedrock of our values. We wish to foster an environment where every individual can thrive, irrespective of factors such as gender, sexual orientation, marital or civil partnership status, gender reassignment, race, religion or belief, colour, nationality, ethnic or national origin, disability, age, skills, experience, education, socio-economic and professional background, as well as diverse perspectives and thinking styles. We recognise that our strength lies in embracing talent from all walks of life, empowering us to develop our culture of inclusivity and better achieve our business objectives.

We view career breaks not as obstacles but as opportunities and encourage everyone, without hesitation, to apply. Through our Global Returners program, we provide support to professionals seeking to re-enter the workforce after an extended absence, be it for family care, parental leave, national service, sabbatical, or starting their own venture.

Come bring your difference and see what is possible for you at BAT. Learn more about our culture and our award winning employee experiencehere.

We take pride in being a Disability Confident Employer. If you need any reasonable adjustments or accommodations to be made during the recruitment process to support you performing at your best, please inform the recruitment partner who will be in touch should your profile be selected for the role you applied for. We are wholeheartedly committed to optimising your prospects of success by making suitable arrangements so that you may showcase your full potential.

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Our Values

At BAT, our values show us the way to bring our purpose to life. Serving as our compass, they navigate every aspect of our path towards A Better Tomorrow™ defining how we innovate, grow, and achieve success while setting high standards for individual achievement and collective progress. Rooted in integrity and collaboration, they empower us as pioneers of change in a world that never stands still ensuring we shape BAT's legacy with confidence and purpose.

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  • Truly inclusive
  • Do the right thing
  • Love for our consumer
  • Passion to win
  • Empowered through trust
  • Stronger together
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Take Control of Your Future with BAT

At BAT, we’re committed to more than just jobs, we’re dedicated to purposeful careers.

We believe that everyone has a place in our organisation. Whether you are seeking mentorship, diversifying your experience through international assignments or embracing innovative work methods, we’re here to propel your career aspirations and unleash your full potential.

We believe in you.
Join us at BAT, where purpose meets possibility, and your career story unfolds.

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“In a diverse workplace one uncovers new perspectives, fosters innovative ideas, and makes better decisions using creative problem-solving techniques. Within an inclusive and healthy work environment, BAT has empowered me to utilize my diverse strengths and abilities, encouraging me to strive for more”

Benefits

At our core, we understand your best work happens when you feel fully supported. Our meticulously
designed reward and benefits package are shaped to acknowledge your contributions and to magnify
your impact. As you grow, so do we.

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Social Wellbeing

Wellbeing is better when it’s shared. Benefits that foster a sense of community and connection among employees. The more time we make to give back and share what it means to live well with the communities around us, the closer we’ll be to them. We encourage positive social interactions inside and outside BAT, enhance collaboration, and create a supportive work environment where employees feel valued and connected.

Emotional Wellbeing

Balancing work and life to help you recharge and stay resilient. Benefits and initiatives that are designed to bolster our employees' mental health. At BAT we're fostering a culture of to help our employees to better manage life’s pressures and build resilience, no matter what life throws your way.

Physical Wellbeing

Good health is the cornerstone that allows everything else in our lives to align. Benefits that support our employees' physical health, expand coverage where needed it and promote healthy lifestyles, reducing stress and boosting overall energy and productivity.

Financial Wellbeing

Peace of mind is priceless, but it shouldn’t cost the earth. Benefits and initiatives designed to assist you in achieving financial stability and security, empowering you to make well informed financial decisions, alleviate financial stress, and enhance your short and long-term prospects.

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