Insurance Programs Director

Company: Baker Hughes
Apply for the Insurance Programs Director
Location: London
Job Description:

Overview

In this role you will lead the design, placement, and governance of Baker Hughes’ global insurance programs to protect assets, people, and operations. You’ll partner with insurers, brokers, and cross-functional leaders to optimize risk transfer and drive cost-effective coverage across international sites. You will influence strategic decisions on risk financing, acquisitions, divestitures, and business transformation. This is an opportunity to shape a global program in a complex environment and impact enterprise risk management.

Pay / Benefits

  • Contemporary work-life balance
  • Comprehensive private medical care options
  • Life insurance and disability coverage
  • Tailored financial and retirement programs
  • Professional development and career growth
  • Additional elected and voluntary benefits

Responsibilities

  • Lead renewal, negotiation, placement, and administration of global/local insurance programs
  • Manage relationships with insurers, brokers, third-party administrators and insurance partners
  • Oversee claims management to ensure timely resolution and favorable outcomes
  • Provide expert guidance on contractual insurance requirements and risk transfer to Legal and business teams
  • Monitor program performance, vendor effectiveness, compliance, and service delivery against objectives
  • Collaborate with HSE, Loss Control, Legal, Finance, Logistics to identify and mitigate emerging risks
  • Analyze risk exposure, market conditions, claims trends, and total cost of risk to support strategy
  • Deliver executive reporting and support strategic initiatives including acquisitions, divestitures, and business transformation

Key requirements

  • Bachelor’s degree in Risk Management, Finance, Business, or related discipline, or equivalent experience
  • Extensive experience managing insurance programs and risk financing strategies
  • Expertise in global insurance placements, renewals, claims management, and contractual risk transfer
  • Strong analytical skills to interpret risk data, costs, claims performance, and market trends
  • Proven ability to build and manage relationships with insurers, brokers, executives, and cross-functional teams
  • Strong understanding of risk management principles, governance, and program design
  • Proven track record of leading complex initiatives in global, multicultural environments
  • Excellent communication, negotiation, presentation, and stakeholder management; professional English proficiency
  • Communication
  • Negotiation
  • Stakeholder management
  • Global insurance placements
  • Risk transfer and insurance placement
  • Claims management

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Posted: October 22nd, 2026