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An airspace closure notice published by the Federal Aviation Administration Dec. 9 suggests Blue Origin is preparing to resume test flights of its New Shepard suborbital vehicle after a hiatus of more than a year. SpaceNews.com
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Fri, 08 Dec 2017 20:44:31 +0000
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Fri, 08 Dec 2017 18:23:58 +0000
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Fri, 08 Dec 2017 17:23:21 +0000
Gen. John "Jay" Raymond said the reorganization laid out in the NDAA will help to set the conditions for the United States to get ahead of its enemies in space. SpaceNews.com
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  • Senior Specialist, Insurance

     


     

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    Job Description
    TitleSenior Specialist, Insurance
    Job codeSES0920
    Job posted on31/10/2016
    LocationBetzdorf
    CountryLuxembourg
    EducationMaster
    Contract typePermanent
    Start dateimmediately
    Job Description

    Senior Specialist, Insurance

    Ref SES0920
    Region Europe
    Location Luxembourg - Betzdorf
    Company SES
    Category Finance / Accounting
    Position Staff
    Published 2016-10-24

     


     

    Context

    The Senior Specialist, Insurance will primarily support the day to day management of the SES Captive insurance companies and of the SES space insurance programmes. He/she will also conduct specific analyses related to risk management and insurance topics, and will act in a back-up role on non-space insurance aspects. He/she is expected to work in close coordination with the Finance, Technology and Legal departments of SES, with the space insurance community, and with the various SES affiliates.

     

    Responsibilities

    • Develop and refine satellite insurance strategy and support the negotiation of launch, in-orbit and third party liability (re)insurance contracts.

    • Critically review policy wordings and proof of loss documents from a technical, financial and legal perspective.

    • Define the technical parameters to be included in the policies, using as input satellite technical characteristics and payload commercial requirements.

    • Finalize and manage insurance policy documentation including Non-Disclosure Agreements, insurance / reinsurance slips and policy documents.

    • Ensure proper invoicing and payment of premiums and broker fees, including SES inter-company transactions.

    • Determine coverage levels, ensure internal management sign-off of amounts of insurance, and ensure compliance with renewal requirements and obligations under each policy.

    • Coordinate responses to underwriters’ technical questions and anomaly notifications.

    • Coordinate technical underwriter briefings.

    • Perform complex analytical studies of SES insurance requirements and strategies, such as retention analyses.

    • Perform statistical reliability analyses of satellites and launch vehicles.

    • Provide oversight of the SES insurance captives, including review of financial statements and actuarial reports, with the objective to ensure compliance with the Solvency II directive.

    • Efficiently and autonomously manage insurance contracts on a day-to-day basis, guaranteeing that SES fulfills its obligations under the policies

    • Support management in the preparation and organization of the captive Board meetings and special committee meetings.

    • Report internally on insurance matters for the purposes of Business Plan development, budgeting and transfer pricing.

    • Develop and execute launch contingency plans.

    • Act as back-up to the Insurance Director based in Princeton on non-space insurance matters.

     

    Experience / Qualifications

    • 3-5 years of space industry and/or insurance market experience

    • Specific knowledge of finance and engineering, Master’s degree in a scientific, engineering or financial discipline

    • Ability to deal with various parts of the organization including Finance, Technology, Legal and Commercial

    • Fluency in English

    • Able to independently and critically review the scope of insurance policies, ensuring that they provide exactly the level of coverage that is needed

    • Understanding of legal and regulatory as well as technical aspects of insurance

    • Familiar with probability, statistics and stochastic modeling

    • Ability to efficiently organize meetings and presentations including large numbers of internal and external participants

    • Excellent oral and written communication skills 

    • Good negotiation skills 

    • Ability to organize own work

    • A team player, who accurately documents his work and keeps others informed

    • An analytical mindset

    • Objective, rational and multidisciplinary thinking

    • A willingness to learn 

    • A high degree of integrity

     

    Our Offer

    Competitive salary package, coupled with a diverse array of challenges and development benefits.

    SES is an Equal Opportunity and Affirmative Action Employer.

    This position reports to

    Vice President, Insurance

    Apply for this Job online

    Web Pagehttp://www.ses.com/8233697/job-overview/apply/71951
    Contact information
    CompanySES
    AddressChâteau de Betzdorf
    Betzdorf
    Luxembourg
    L-6815
    Emailplease visit our website to apply online
    Web Pagehttp://www.ses.com


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