Alcatel-Lucent Insurance Specialist in Espoo, Finland


Nokia is a global leader in the technologies that connect people and things. With state-of-the-art software, hardware and services for any type of network, Nokia is uniquely positioned to help communication service providers, governments, and large enterprises deliver on the promise of 5G, the Cloud and the Internet of Things.

Serving customers in over 100 countries, our research scientists and engineers continue to invent and accelerate new technologies that will increasingly transform the way people and things communicate and connect.

  • Insurance Specialist, Insurance & Risk Finance *

Nokia is looking for an insurance specialist to perform a number of different operational roles in the Insurance & Risk Finance (I&RF) Team in Corporate Finance.

Corporate Finance is a global corporate level finance function accountable for all Treasury (including I&RF) and Structured Finance as well as Pensions Investments operations, risks, transactions and processes globally, reporting to Nokia CFO. Corporate Finance is organized as six global Treasury functions, three Regional Treasury & Structured Finance Teams as well as a separate Pensions Investments organization.

I&RF is one of the global centralized Treasury functions in Corporate Finance. I&RF is responsible for all corporate insurance and risk financing programmes including design, broker and consultant vendor selection, coverage execution, insurance programme management, captive insurance company management and claims handling supervision. I&RF also leads the Nokia Blue risk management programme in conjunction with WR (Workplace Resources) and GOPS (Global Operations). This is a risk engineering survey and audit programme focused on Nokia s major locations and also Nokia s key supplier locations.

The I&RF team is an international team located in London, Munich and New Jersey, but this new position will be based in Espoo. The head of I&RF is presently located in London.

  • Location: * Espoo, Finland

  • Current team: * London UK, Munich Germany and New Jersey USA

  • Main responsibility areas/ business role *

    • Global Policy Compliance *

Managing Nokia s Global Fronting Insurance Programmes to ensure local insurance policies are issued where required. Working closely with key stakeholders internally and externally which will include Nokia s brokers and insurers:-

o Property and Business Interruption

o Erection All Risks

o Marine Stock Throughput

o General Public & Product Liability

o Errors & Omissions Liability

o Business Travel

o Directors & Officers Liability

* * Processing premium invoices * .

Working closely internally with Nokia s various finance teams:-

o Verifying invoices, eg. Checking information, amount, etc.

o Creating new vendor accounts, if required

o Processing invoices using Nokia s Finance Tools

o Following up and obtaining remittance details to ensure premium payment conditions are met

* * Insurance Certificate Issuance *

Managing the issuance of Insurance Certificates to ensure Nokia complies with insurance contractual conditions.

o Dealing with day to day enquiries from Nokia s Customers Teams

o Working with our brokers to ensure certificates of insurance issued correctly and in a timely fashion

* * Global Business Travel Insurance Policy *

Managing the Global Business Travel Insurance Policy including handling day to day enquires and claims, etc.

* * Relationships *

  • Providing support to I&RF team members

  • Interfacing with key external stakeholders: brokers, risk management consultants, claims advisors and insurers

  • Interfacing with key internal stakeholders: Business Groups, CIOO, Legal, HR and Sourcing


  • Qualifications *

  • Individual characteristics/ qualifications: *

  • A professional insurance qualification is not essential, but prior experience (minimum 2 years) in accounting or finance or legal or business will be required

  • A desire to learn more about insurance, risk management and the insurance market going forward is imperative

  • Excellent communication and networking skills, customer service orientation

  • Combination of business acumen and process mind set, excellent process development and project management skills and experience as well as analytical and presentation skills

Job: fNokia Executive Corporate Finance

Primary Location: Europe North-Finland-Finland-Espoo

Schedule: Full-time

Req ID: 1700000BV0