Senior Insurance Specialist
Business Unit & Team: BNPP AM – Real Estate, within the Central Services Team (CST)
Reporting to: Global Head of Fund Accounting and Central Services
Location: London
Job Purpose
The critical central role involves managing and overseeing the global property insurance programme for BNPP AM – Real Estate and ensuring the real estate business has adequate corporate and Directors & Officers (D&O) insurance coverage.
Key Responsibilities
- Manage the global property insurance programme for BNPP AM – Real Estate’s investment platform (Property Damages, Loss of Rent, Terrorism, Property Owner Liability) including:
- Reviewing and advising on the adequacy and completeness of cover offered by insurers
- Arranging and managing the global broker relationship to ensure adequate service and appropriate broker terms
- Efficient programme management including insurance policies, invoicing, and claims management
- Managing any property additions/disposals and advising on refinancings as relevant
- Arranging construction/refurbishment insurance as necessary
- Provide advice to the business teams on warranties & indemnities (W&I) insurance associated with transactions
- Collaborate with the BNP Paribas Group Insurance team to oversee the corporate insurance programme for BNPP AM – Real Estate, ensuring adequate Professional Indemnity and D&O policies
- Select and manage key global insurance brokers, ensuring a close working relationship, clear processes and performance measurement in line with agreed SLAs
- Advise the real estate business (Transactions, Asset Management, Legal teams) on insurance related matters and insurance clauses in specific contracts
- Advise business teams responsible for properties not currently in the Global Insurance Programme on procuring and managing appropriate insurance
- Document and publish processes for managing both property and corporate insurance programmes, including invoicing, billing, claims, acquisitions and sales
- Manage the Insurance Officer role in the Central Services Team
- Communicate effectively on insurance topics to the Real Estate business Management Board and provide an aggregated view at company level
- Handle all other topics related to insurance as required
Skills, Qualifications & Experience
Education / Qualifications
- University degree from a recognised institution
- Relevant insurance market accreditation
Required Experience
- Significant demonstrated experience in insurance in a real estate context, ideally in a global setting
- Experience with real estate investment management companies or Real Estate Private Equity companies is desirable
- Experience managing staff and working in teams, with strong leadership and development skills
- Experience managing global insurance programmes
Knowledge and Skills
- Excellent knowledge across the requisite insurance lines (property, terrorism, PI, D&O, W&I, construction insurance) in a global context
- Advanced negotiation skills
- Ability to work within large global organisations
- Advanced presentation and communication skills
- Strong attention to detail
- Customer and service delivery orientated
- Rigorous, self‑motivated, organised and autonomous
- English language (written and verbal) essential; French language advantageous
#J-18808-Ljbffr…
