Insurance Manager

Gunvor

$110K — $130K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in insurance, risk management, finance or related field; professional insurance qualifications desirable.
  • Minimum 7 years' experience in insurance (broker or in-house), preferably in oil & gas or commodity trading sectors.
  • Experienced in managing corporate insurance programs, renewals, and claims handling.
  • Knowledge of Lloyd's and continental insurance markets; familiarity with captive insurance is beneficial.
  • Strong technical expertise in insurance products and underwriting practices.
  • Excellent negotiation skills with a commercial mindset.
  • Fluent in English.

Responsibilities

  • Manage and renew corporate and local insurance programs, including challenging premiums and coverage.
  • Optimize risk allocation between external insurers and company captives for cost efficiency.
  • Identify and mitigate operational risks across various business lines and projects.
  • Provide expert insurance advice for risk placement and policy design, including contract clauses.
  • Oversee the claims process, ensuring timely follow-ups and resolution with stakeholders.
  • Conduct annual reviews of service providers and run RFPs to enhance service competitiveness.
  • Educate staff on insurance program features and industry changes, promoting awareness.

Benefits

  • Opportunity to work in a global company with a significant presence in oil & gas.
  • Access to advanced training and professional development in insurance and risk management.
  • Collaborative work environment that values stakeholder engagement and communication.
  • Involvement in innovative projects dealing with risk allocation and insurance optimization.
Full Job Description
Job Title:
Insurance Manager

Contract Type:
Permanent

Time Type:
Full time

Job Description:

The Insurance Manager - Americas oversees Gunvor's insurance strategy across the Americas, with a primary focus on U.S. energy and property exposures, ensuring the company's assets, liabilities, and operations are appropriately protected. Working closely with the Group Insurance team based in Europe, this role manages corporate and local insurance programs, supports risk mitigation initiatives, oversees claims handling, and advises business stakeholders on cost-effective insurance solutions across the region.

Main Responsibilities
  • Manage corporate insurance programs across the Americas, with particular emphasis on U.S. energy and property risks, including maintaining, improving, and renewing group and local insurance policies (cargo, property/energy, storage, workers' compensation, general liability, pollution etc.).
  • Challenge policy renewals to optimize premiums, deductibles, coverage, and overall program structure while administering required insurance policies and consolidating insurance data.
  • Identify, evaluate, and mitigate operational risks across business entities and activities, including assessing insurance implications for new projects, contracts, and acquisitions while promoting loss prevention initiatives.
  • Provide insurance expertise to business units by advising on risk placement, insurance program design, and drafting or reviewing insurance provisions within commercial and storage contracts.
  • Manage claims by coordinating notifications, investigations, and resolution with brokers, insurers, surveyors, and internal stakeholders to achieve timely settlements.
  • Review broker, insurer, and surveyor performance through annual stewardship reviews, assess service quality and competitiveness, and support RFPs and servicing contract renewals.
  • Partner closely with the Group Insurance team in Europe to ensure alignment of regional insurance programs with the global insurance strategy.
  • Train business stakeholders on insurance program features, claims processes, and changes to Group insurance programs.
  • Support budgeting and reporting by forecasting annual insurance premiums, analysing claims trends, and preparing regular insurance and risk reports.
  • Monitor developments in the US insurance market relevant to the energy and commodity trading industries, including emerging products and major market losses.
  • Manage insurance documentation, policy records, invoices, and other administrative responsibilities as required.


Profile / Key Skills
  • Bachelor's degree (or higher) in Insurance, Risk Management, Finance, or a related field. Professional insurance qualifications are an advantage.
  • Minimum seven years of insurance experience, either with an insurance broker or in-house corporate insurance function, preferably supporting the energy, oil & gas, or commodity trading sectors.
  • Strong experience managing corporate insurance programs, renewals, and complex claims.
  • Deep technical knowledge of commercial insurance products, underwriting practices, and the U.S. insurance market. Experience with Lloyd's and international insurance markets is highly desirable.
  • Experience working with captive insurance structures is considered an advantage but is not required.
  • Strong commercial acumen with the ability to negotiate coverage, policy terms, and broker arrangements.
  • Excellent organizational, stakeholder management, and communication skills with the ability to collaborate across multiple jurisdictions and cultures.
  • Results-oriented, dependable, and comfortable operating in a fast-paced international environment.
  • Fluent English required.


If you think the open position you see is right for you, we encourage you to apply!

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