Senior Manager / Director – Insurance

Senior Manager / Director – Insurance

DEPARTMENT Group Insurance Services

LOCATION London, United Kingdom

REPORTS TO Chief Insurance Officer

Everything we achieve is made possible by our talented people. Fuelled by our commitment to excellence and collaborative spirit, we’re shaping the future of aviation for generations to come. But life at AerCap goes beyond the pursuit of excellence. We are proud of our culture which is built on the values of Ambition, Excellence and Respect, and they act as a flight path for our people. Our high-performance work environment is the perfect backdrop to develop into the professional you want to become. Whether you are at the start of your career, or a more seasoned professional, you will have the opportunity to learn from the best people in the industry and be part of the largest aviation leasing company in the world! Sound exciting? We think so!

JOB SUMMARY

AerCap is seeking a Senior Manager / Director to join its Group Insurance Services department. This role plays a vital role within the Insurance department and is responsible for managing and mitigating risks arising from our leasing and corporate activities through the utilization of international insurance markets. The successful candidate will need to manage and enforce the insurance provisions of lease and trading transactions, and monitor compliance through ongoing review of customer insurance, and where applicable, reinsurance certificates pertaining to the company’s leased aircraft, engines and helicopters.

ESSENTIAL FUNCTIONS OF THE JOB

Insurance Management

• Work with cross functional teams which originate, negotiate and close on commercial transactions (aircraft leases, sales and financings) and with airlines and their brokers/insurers on a global basis.

• Monitor and manage the insurance performance of airlines and other third parties in accordance with contractual requirements

• Monitor and manage insurance claims which relate to the company’s aircraft.

• Assist with the organization’s insurance buying activities for aviation and non-aviation classes of insurance

• Development and maintenance of good working relationships with insurance counterparties (brokers, underwriters etc.)

• Ensure accurate recording and integrity of insurance related lease data on the department’s systems.

• Monitor and manage accuracy of insurance related systems data and document storage on an ongoing basis.

• Participate in various departmental projects and initiatives.

• Support the wider insurance team as required with various transactions, including deliveries, renewals, sales, and other transactions and projects.

JOB REQUIREMENTS, QUALIFICATIONS & COMPETENCIES

Educational/Experience

• Bachelor’s degree or relevant qualification

• Experience in the aviation industry or insurance industry is desirable.

Technical/Functional

• Proficiency in Microsoft Excel.

• Excellent communication skills, both verbal and written.

• Ability to work as part of a team.

Key Competencies

• Detail-oriented, organized, and able to handle multiple priorities and deadlines simultaneously.

• Good attention to overall quality of the final product.

• Flexible and self-starting.

• Demonstrates proactive approach to addressing problems with proven problem-solving skills.

• Able to excel in high-stress situations.

OUR VALUES AMBITION

Ambition to us means winning together. We believe it takes bold people to help us shape the future of aviation. At AerCap, ambition means defying our own limits, breaking new ground, and setting higher standards for our business.

EXCELLENCE

We believe in striving for nothing short of greatness. For us, excellence means redefining what is possible, and to constantly work towards outstanding solutions for our customers with unwavering commitment and collaboration.

RESPECT

We believe in fostering an environment where everyone is welcomed, supported and valued. Respect means treating our people with dignity and honouring their individuality. We strive to create an environment where our people feel included and empowered to do their best work and reach their full potential.

LIFE AT AERCAP/WHAT WE OFFER

• We offer attractive employment packages with a competitive salary and excellent benefits, including generous annual leave policies, health insurance for our employees and immediate dependents, pension/retirement savings plans and an all-employee share scheme.

• You will have the opportunity to learn from the best people in the industry and grow your career with the largest aviation leasing company in the world.

• Our Corporate Social Responsibility (CSR) programs provide opportunities for our employees to inspire positive change in our global communities and to make a positive difference in the communities in which they live through volunteering, fund-raising and other charitable initiatives. Make AerCap your destination of choice and join us to shape the future of aviation!