Global Insurance Lead

Role Overview

We are looking for a Global Insurance Lead to take ownership of the company’s global insurance portfolio. This is a newly created role within the Indirect Procurement organization, reflecting the growing importance and complexity of insurance and risk management across our operations.

The role combines hands-on insurance management with strategic advisory responsibilities, ensuring adequate coverage, cost optimization, regulatory compliance, and strong partnerships with brokers and insurers worldwide.

Key Responsibilities

Insurance Portfolio Management

• Manage all corporate insurance programs, including:

  • Property

  • General and Product Liability

  • Motor / Fleet

  • Workers’ Compensation (or local equivalents)

  • Professional Indemnity

  • Directors & Officers (D&O)

  • Other specialized insurance lines as required

• Assess insurance risks and ensure appropriate coverage levels, limits, and policy terms

• Lead the annual insurance renewal process, including data collection, exposure analysis, and negotiations with brokers and carriers

• Coordinate insurance claims, ensuring timely handling, proper documentation, and resolution

• Maintain strong relationships with brokers, insurers, and third-party administrators

• Analyze loss history, claims data, and insurance cost trends

• Identify opportunities to reduce risk exposure and optimize premiums

• Provide data-driven recommendations to improve coverage efficiency

• Ensure compliance with internal insurance standards and external regulatory requirements

• Prepare insurance reports for internal stakeholders and auditors

• Support contract reviews from an insurance perspective, including indemnity and insurance clauses

• Advise leadership on emerging insurance and risk trends

• Support business continuity planning and crisis management initiatives

• Provide guidance and training on insurance coverage awareness and loss prevention

• 7+ years of experience in Corporate Insurance Management, Risk Management, or Insurance Procurement

• Proven experience managing global or regional insurance programs

• Exposure to multiple insurance lines and complex insurance structures

• Experience in multinational or matrix organizations

• Strong analytical and problem-solving skills

• Solid understanding of insurance policy wording, coverage structures, and exclusions

• Strong negotiation skills with brokers and insurers

• Ability to work independently in a Lead Individual Contributor role

• Strong stakeholder management and communication skills

• Bachelor’s degree in Finance, Business, Economics, Law, or a related field

• Insurance or risk-related certifications (e.g. ACII, CPCU, ARM) are an advantage, but not mandatory

As an equal opportunity employer, FLSmidth embraces diversity and equality by promoting an environment of inclusion. We encourage applicants of all backgrounds and perspectives to apply - the more diverse our employees are, the stronger our team is. In our commitment to equal opportunity and eliminating bias, we kindly request that you exclude personal information such as age, ethnicity, marital status, number of children, and photographs from your application materials.

FLSmidth is the leading supplier of engineering, equipment and service solutions to customers in the mining and minerals industries – for more information please visit FLSmidth.com/careers