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Senior Manager, Insurance

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Location: London or New York

Reporting To: CLO

Contract Term: Full time, permanent

About LIV Golf

The LIV Golf League is the world's only global golf league featuring 13 teams, a 14-tournament schedule, and many of the world's best golfers. Launched in 2022, the League was designed to expand the sport on a global level and create new value within the golfing ecosystem while enhancing the game's societal impact. A landmark investment by LIV Golf also launched The International Series, a set of 10 enhanced events sanctioned by the Asian Tour, with elevated prize funds in world-class destinations, offering a pathway for leading professional and amateur golfers from around the world into the LIV Golf League. Hall of Fame golfer and renowned businessman, Greg Norman, is the League's first and founding CEO and Commissioner. Only two years into operations and with tournaments across North and Latin Americas, Asia, Australia, the Middle East and Europe, LIV Golf remains committed to developing the sport at every level and exposing more people to the positive virtues of the game through its unique blend of intense competition and entertainment.

History

LIV Golf launched in 2022 as an eight-event 'Invitational Series.' 2023 saw the inaugural LIV Golf League host 14 events around the world, from Adelaide to Chicago, AndalucĂ­a to Singapore, as well as launch the game's first Team franchises, captained by some of golf's most decorated superstars.

The format, respecting the history and traditions of the game, has been optimized for modern day sports fans; 3-days, 54 holes, no cut, shotgun start, offering a faster pace-of play to drive engaging storylines and offer an immersive fan experience.

The events, each wholly owned and operated by LIV Golf and broadcast around the world to over 300million homes, deliver a family-friendly environment, festival-style atmosphere, evening concert entertainment and world-class competition; a combination that is unique to the world of golf.

In 2024, LIV Golf will further expand the reach of the League, splitting the schedule between some of the most iconic venues across Asia, Europe and the Middle East with decorated venues in the US. The full player pathway, created in partnership with the Asian Tour, also launches, with the game's first ever player Promotion and Relegation, and Player Transfer Window, as the holistic integration of LIV Golf is fully delivered.

Away from the entertainment on the course, LIV Golf is dedicated to enhancing the wellbeing of the communities it visits through its ground-breaking social impact and sustainability strategy, 'Potential, Unleashed', reflecting the league's commitment to giving back and improving the world through golf.

Role Objective

The Senior Manager, Insurance is responsible for overseeing and managing all aspects of the company's global insurance programs, including event insurance, player insurance, liability, and other business-related coverages. This role involves developing, implementing, and maintaining comprehensive insurance programs that protect the company's assets and minimize risks. The Senior Manager, Insurance will also ensure compliance with relevant laws and regulations and provide expert advice on insurance matters.

Responsibilities

Insurance Program Management

  • Manage the business' insurance programs.
  • Review, evaluate and select insurance providers and plans that best meet the needs of the business.
  • Negotiate terms and conditions with insurance providers to secure optimal coverage and pricing.

Policy Administration

  • Oversee the administration of company insurance policies, ensuring accuracy and compliance.
  • Manage the renewal process for all insurance plans.
  • Coordinate with finance and operations teams to ensure proper documentation and coverage.

Risk Management

  • Identify and assess potential risks to the company's assets and operations.
  • Develop strategies to mitigate identified risks.
  • Conduct regular risk assessments and implement loss prevention programs.
  • Assist in the development of LIV contracts, and allocation of risk between LIV and third-party stakeholders.

Compliance and Reporting

  • Ensure compliance with UK regulations as well as US federal, state and local regulations related to the company's insurance.
  • Prepare and submit required reports to regulatory agencies.
  • Monitor changes in legislation and adjust company policies as needed.

Vendor Management

  • Maintain strong relationships with insurance brokers, carriers and other vendors.
  • Evaluate vendor performance and address any issues that arise.
  • Coordinate regular reviews and audits of insurance plans and policies.

Responsibilities (continued)

Claims Management

  • Manage and oversee the claims process for all insurance policies.
  • Work with insurers, legal teams and internal stakeholders to resolve claims efficiently.
  • Analyze claims data to identify trends and areas for improvement.

Strategic Planning

  • Analyze current insurance programs and identify areas for improvement.
  • Develop and implement strategies to enhance the value and efficiency of the company's insurance offerings
  • Stay informed about industry trends and best practices to ensure the company remains up to date and competitive.

Experience

  • Bachelor's degree in Business Administration, Risk Management, Insurance, or a related field.
  • Minimum of 7 years of experience in managing commercial insurance programs.
  • In-depth knowledge of commercial insurance products, regulations, and compliance requirements.
  • Strong analytical and negotiation skills.
  • Excellent communication and interpersonal skills.
  • Proficiency in insurance and risk management software.
  • Professional certification (e.g., CPCU, ARM) is a plus.

LIV Golf Investments is an equal opportunity employer that is committed to diversity and inclusion in the workplace and the equal treatment of all current and prospective employees. We prohibit discrimination and harassment of any kind based on age, gender, disability, religion or belief, sexual orientation, marital status, pregnancy, race, ethnicity, or any other status protected by the laws or regulations where we operate. This policy applies to all employment practices within our organization, including hiring, recruiting, promotion, termination, leave of absence, compensation, benefits, training, and apprenticeships. LIV Golf Investments makes hiring decisions based solely on qualifications, merit, and business needs at the time.

Senior Manager, Insurance

LIV Golf
London, UK
Full-Time, Part-Time

Published on 18/07/2024

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