Posted Position Title Insurance Leader

Job Number	1880694
Business	GE Oil & Gas
Business Segment	Oil & Gas
About Us	GE Oil & Gas is a world leader in advanced technologies and services with 43,000 employees in more than 100 countries supporting customers across the industry—from extraction to transportation to end use. Our unrelenting commitment to the environment, health and safety, quality and integrity defines us: it’s The Way We Work. We develop smart solutions for our customers across the oil and gas value chain delivering the innovation, customized service solutions, training programs and technology that helps them to maximize their efficiency, productivity and equipment reliability. We partner with our customers to develop their next generation workforce; help them to fully benefit from the megatrends of natural gas, the growth of subsea and hard-to-reach reserves and the revolution in asset health management.
Career Level	Experienced
Function	Risk Management
Function Segment	Risk Management
Location(s) Where Opening Is Available	United Kingdom
City	London
Postal Code	W6 8BJ
Relocation Expenses	No
Role Summary/Purpose	Primary purpose of role is to ensure O&G achieves and maintains appropriate allocation of insurable risk within its contracts; the contracts have appropriate and effective insurance requirements; and the insurance obligations in the contracts are met by both O&G and its counterparty
Essential Responsibilities	Responsibilities include: Management of standard insurance contract terms to ensure they remain contemporary; aligned with O&G’s risk appetite; and are in line with GE’s global insurance programs and standards;  Support transactions via review, revision and approval of insurance terms in contracts pursuant to the delegation of authority;  Work with GE’s Corporate Insurance group to manage exceptions and unique insurance issues;  Manage compliance with and documentation of insurance terms and conditions in contracts;  Develop and provide tools and training to business resources engaged in customer and supplier contracts;  Support insurance claims to facilitate resolution and lead recovery from third parties;  Assume management of any legacy insurance programs and related collateral from acquisitions;  Develop processes around JV’s, including due diligence and coordination with Corporate Insurance relative to insurance.
Qualifications/Requirements	Strong experience in insurance field, preferably focused in the Marine and Energy sector  Minimum Bachelor degree in Finance or related field.  Prefer Masters in business or law degree.
Desired Characteristics	Strong analytics  Global mindset  Effective in working as part of a multi-functional team  Strong communication  Strong industry network  Process oriented  Strong influencing skills  Pragmatic self-starter  Strong grasp of contract terms and technical knowledge of insurance products.