Group Insurance Specialist

Job description

The Insurance Center of Excellence (CoE) serves as the group center of expertise for the Wealth Planning team's insurance offering. The Insurance CoE manages the insurance broker network, providing expertise, governance, training, and oversight to ensure that the insurance offering is implemented consistently at the group and regional levels.

Main tasks

• Product expertise, due diligence, and governance:
  • Responsibility for the product range, monitoring of insurance brokerage activities and the resulting turnover.
  • Developing the insurance offering strategy in line with group wealth planning and business strategy.
  • Maintenance of the approved insurance product range, tailored to the customer segment, regions, regulatory environment, and risk appetite (e.g., whole life, private placement life insurance).
  • Evaluation of insurance brokers and product lines in terms of strength, competitiveness, and suitability.
  • Central point of contact for selection, onboarding/offboarding, periodic due diligence, and maintaining governance standards for insurance brokers.
  • Central point of contact for the insurance intermediary framework (procedures, guidelines, etc.).
  • Ensuring proper documentation, disclosure, and reporting of insurance brokerage activities.
  • Monitoring regulatory developments affecting insurance-based planning (e.g., cross-border rules, regulatory framework, and insurance regulation).
  • Participation in the identification and mitigation of risks associated with insurance solutions (mis-selling, damage to reputation, etc.).
  • Collaboration with second-line functions (compliance, legal, and risk functions) during reviews and audits.
• Advisor Support & Enablement:
  • Provision of guidelines for regulatory and suitability requirements.
  • Supporting wealth planners with best practices in client meetings.
• Innovation & Thought Leadership:
  • Identification of trends, product innovations, and planning opportunities in the insurance industry.

Requirements

No specific requirements listed.

We offer

No specific offers listed.

Our values

• Responsibility: Taking on tasks and challenges and striving for continuous improvement.
• Hands-on: Proactive and rapid delivery of high-quality results.
• Passion: Commitment and pursuit of excellence.
• Solution-oriented: Focus on customer results and fair treatment of customers with a risk-aware attitude.
• Partnership: Promoting cooperation and teamwork with an entrepreneurial spirit.