Insurance Specialist

Ahold Delhaize•Geneva, IL

17h•Hybrid

About The Position

The Insurance Specialist joins Ahold Delhaize Finance Company’s Group Treasury and Insurance team in Geneva, Switzerland. The role supports the group’s insurance portfolio, risk financing and reinsurance captive strategy, with the aim of helping optimize the Total Cost of Risk. The position assists with administration and renewal of global insurance programs, coordinating brokers, insurers and internal stakeholders and maintaining policy records. It also analyzes risk-financing options, supports risk-management policies and procedures, and prepares recommendations for senior management. The specialist supports the operations and governance of the group’s Swiss FINMA-regulated reinsurance captive, including serving as its appointed risk manager. Responsibilities include preparing financial reports, regulatory filings and compliance documentation; coordinating with auditors, actuaries, service providers and regulatory bodies; and monitoring captive performance. The role also involves analyzing insurance and risk-management data, preparing management reports and presentations, and collaborating with internal departments, operating companies and external partners to address insurance needs. The position is based on a 40-hour work week, with at least three days a week in the office and occasional international travel.

Requirements

Master’s degree or equivalent in law, finance or economics.
At least 3 years of professional experience in a similar role, or with a broker, insurance company or similar corporate environment.
Strong analytical and technology skills, including the ability to analyze, understand and continuously improve business processes.
Strong communication, presentation and negotiation skills, including the ability to explain complex topics to different audiences.
Excellent command of English.
Ability to build effective working relationships with insurers, brokers, service providers and internal stakeholders.
Positive attitude, teamwork, business awareness and a strong focus on quality.

Nice To Haves

Experience with operational processes of a captive insurance or reinsurance company.
Openness to occasional international travel.

Responsibilities

Assist with administration and management of global insurance programs.
Support the Director with renewals of insurance programs, including preparing timely and accurate submissions and supporting negotiations.
Coordinate with brokers, insurers and internal stakeholders to collect information and documentation.
Maintain current records of insurance policies, certificates of insurance and related documents.
Analyze and evaluate risk-financing options to optimize coverage and cost-efficiency.
Prepare and present risk-financing recommendations to senior management.
Assist in developing and implementing risk-management policies and procedures.
Support the operations and governance of the group’s Swiss FINMA-regulated reinsurance captive and serve as its appointed risk manager.
Prepare captive financial reports, regulatory filings and compliance documentation.
Coordinate with internal and external auditors, actuaries, service providers and regulatory bodies to support compliance.
Monitor captive performance and identify opportunities for improvement.
Collect, analyze and interpret insurance and risk-management data.
Prepare regular management reports and presentations; identify trends, potential risks and improvement opportunities.
Collaborate with internal departments and operating companies to identify and address insurance and risk-management needs.
Build and maintain relationships with internal clients, loss adjusters, brokers, insurers, service providers and other external partners.
Support commercial and contractual negotiations.