Job description
Job Description:
Since 1967, Jet Aviation has been crafting flight in its smoothest form. From one hangar in Basel, Switzerland, to some 4,000 employees, and some 50 locations worldwide. Aircraft Management, Aircraft Sales, Charter, Completions, Defence, FBO, Fixed and Rotary Wing Maintenance, and Staffing. Behind every seamless Jet Aviation experience, is a team of dedicated professionals perfecting the art of flight. The artisans of aviation. The craft that brings our customers’ journey to life. In the hangar, on the ground, and behind the scenes. Enabling global flight, with passion.
Position Summary:
In this position you will be the primary contact and have global responsibility for all insurance related matters within Jet Aviation. You will support the organization in all risk and insurance related matters and work closely together with the General Dynamics risk management team on the risks covered under GD global insurance programs.
Main Responsibilities:
Work closely and engage pro-actively with the GD Risk Management team on GD controlled programs (e.g. Property, Non-Aviation Liability, Marine, Cyber or Financial Lines)
Lead, supervise and/or support the renewal of existing Aviation General Liability, Global Managed Aircraft Fleet insurances and other specific Jet Aviation’s programs in conjunction with our insurer brokers
Represent Jet Aviation towards the insurance industry
Prepare, review and present underwriting information and the company’s operational risk to global insurance markets (including the US and UK market)
Continuously monitor the insurance market, detect market changes, and keep our management informed about new trends
Develop and monitor relationship with brokers and insurers
Act as the in-house broker for Swiss insurance placements such as employees benefits, international health insurance program or pension reinsurance
Work closely with GD Risk Management, Finance, Legal, and other stakeholders to ensure that our risk strategy and guidelines are aligned and executed effectively according to our delegation of authority
Review and set-up of insurance requirements for subcontractors and vendors on a global scale
Develop, review, and implement liability, indemnity, and insurance clauses. Perform risk assessments on larger projects from an insurance risk standpoint
Handle large or complex insurance losses. Negotiate favorable claims settlements directly with insurance companies, customers, third parties and their legal representatives. Issue settlement recommendations to our management
Support the M&A team in the due diligence process by performing risk assessments and reviewing the insurance portfolio
Review SPA/APA agreements and the need tail/run-off coverage
Coordinate the integration of new entities in the global insurance programs post acquisition
Lead, develop and mentor your team member
Inform, train, and advise internal stakeholders on insurance related matters
Minimum Qualifications:
At least 10 years experience with Global Insurance programs gained as a Risk or Insurance professional with a global company, broker or insurer, backed-up by the appropriate degree(s)
Proven track-record in handling and settling large insurance claims
Solid understanding of Aircraft & Aviation Liability Insurance
Knowledge of the aerospace industry, OEMs, and the regulatory framework
Experience in working in a international environment
Excellent written and spoken English, good understanding of French and German would be an asset
Results driven – able to execute with high personal accountability
High business acumen and strong influencing skills
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