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Senior Specialist, Insurance
2016-10-31 17:04:11| Space-careers.com Jobs RSS
Senior Specialist, Insurance Ref SES0920 Region Europe Location Luxembourg Betzdorf Company SES Category Finance Accounting Position Staff Published 20161024 Context The Senior Specialist, Insurance will primarily support the day to day management of the SES Captive insurance companies and of the SES space insurance programmes. Heshe will also conduct specific analyses related to risk management and insurance topics, and will act in a backup role on nonspace insurance aspects. Heshe is expected to work in close coordination with the Finance, Technology and Legal departments of SES, with the space insurance community, and with the various SES affiliates. Responsibilities Develop and refine satellite insurance strategy and support the negotiation of launch, inorbit and third party liability reinsurance contracts. Critically review policy wordings and proof of loss documents from a technical, financial and legal perspective. Define the technical parameters to be included in the policies, using as input satellite technical characteristics and payload commercial requirements. Finalize and manage insurance policy documentation including NonDisclosure Agreements, insurance reinsurance slips and policy documents. Ensure proper invoicing and payment of premiums and broker fees, including SES intercompany transactions. Determine coverage levels, ensure internal management signoff of amounts of insurance, and ensure compliance with renewal requirements and obligations under each policy. Coordinate responses to underwriters technical questions and anomaly notifications. Coordinate technical underwriter briefings. Perform complex analytical studies of SES insurance requirements and strategies, such as retention analyses. Perform statistical reliability analyses of satellites and launch vehicles. Provide oversight of the SES insurance captives, including review of financial statements and actuarial reports, with the objective to ensure compliance with the Solvency II directive. Efficiently and autonomously manage insurance contracts on a daytoday basis, guaranteeing that SES fulfills its obligations under the policies Support management in the preparation and organization of the captive Board meetings and special committee meetings. Report internally on insurance matters for the purposes of Business Plan development, budgeting and transfer pricing. Develop and execute launch contingency plans. Act as backup to the Insurance Director based in Princeton on nonspace insurance matters. Experience Qualifications 35 years of space industry andor insurance market experience Specific knowledge of finance and engineering, Masters degree in a scientific, engineering or financial discipline Ability to deal with various parts of the organization including Finance, Technology, Legal and Commercial Fluency in English Able to independently and critically review the scope of insurance policies, ensuring that they provide exactly the level of coverage that is needed Understanding of legal and regulatory as well as technical aspects of insurance Familiar with probability, statistics and stochastic modeling Ability to efficiently organize meetings and presentations including large numbers of internal and external participants Excellent oral and written communication skills Good negotiation skills Ability to organize own work A team player, who accurately documents his work and keeps others informed An analytical mindset Objective, rational and multidisciplinary thinking A willingness to learn A high degree of integrity Our Offer Competitive salary package, coupled with a diverse array of challenges and development benefits. SES is an Equal Opportunity and Affirmative Action Employer. This position reports to Vice President, Insurance Apply for this Job online
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Category:Transportation and Logistics