Alexandra Buckminster MSc

Experience

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  Inspired Gaming Group

  Jan 2003 - Jan 2009

  Licensing Clerk
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  Molson Coors Beverage Company

  Jan 2009 - Jul 2021

  Manage risk and insurance for the EMEA APAC division of Molson Coors Beverage Company across 20 breweries and 15 countries with operational facilities as well as 96 countries operating under distribution and licence agreements. Hold responsibility for the control of operational risk, business continuity, crisis management, risk finance, and M&A due diligence, delivering a strategic enterprise risk management programme.• Responsible for the design, procurement, and management of the risk financing strategy, reworking of the ERM programme, as well as the creation of new crisis management and business continuity programmes, with a roll-out target of 2021.• Supported the completion of comprehensive business continuity preparations, ongoing process for about five years, enabling business continuity during Covid 19, CO2 shortages, adverse weather conditions, machinery break down and supplier failures. Show less Oversaw the development and execution of crisis management training regime for Europe and risk management policy. Contributed effectively to the consolidation of insurance and practices as a part of the USD 12bn acquisition of Miller Coors, working as part of the global risk management team. Formulated the UK and Ireland business continuity process. Managed risk during acquisitions of several breweries in the UK and integrating their risk and insurance programmes into the wider business.• Controlled the integration of ERM into the decision-making process, leading to fully informed strategic decision making and standardised the ERM process globally.• Effectively conducted gap analysis, fulfilling legal compliance and appropriate coverage for the Italian business at acquisition.• Generated and executed global risk contract wording standards enabling greater self-sufficiency of procurement and legal teams, training procurement teams across Europe.• Successfully re-marketed the credit insurance programme maximising coverage, by changing insurer, negotiating a 90% reduction (from GBP500k to GBP50k) for non-qualifying loss eroding the aggregate, increasing limits, and reducing the premiums paid.• Delivered contract savings of £36k per year through effective business continuity process planning and development.• Carried out a detailed broker tender, leading to improvement in service levels and reduction in broker fees by half of the original.• Led the re-engineering of the insurance programme, successfully saving 42% of the expected UK insurance budget. Show less Spearheaded the UK’s insurance program controlling both insured and uninsured claims and advising the business on risk aspects of leases and global commercial contracts across the EU and international business, reporting to the board. Collaborated with the wider global risk team regarding insurance matters, the placement and management of global insurance policies.• Oversaw the consolidation of several UK brokers and insurance programmes taken on through mergers and acquisitions.• Managed regulation of European contract wordings from a risk perspective to cover multiple jurisdictions and varying types of an agreement creating ease of use of precedents and promoting one way of working across the wider business. Show less Responsible for the formulation of the UK business’ competition law and dawn raids training programme, reviewing the dawn raid processes and keeping the compliance manual up to date. Directed and defended contentious matters brought against the business, including drafting dispute letters and formulating arguments, managing previous tenant liability actions, and controlling both insured and uninsured injury claims. Facilitated the risk team in placing both the global and UK insurances.• Successfully saved 69% of the anticipated cost to the business through successful negotiation of commercial disputes.• Identified 250 years of historic legacy employer’s liability coverage across 20 subsidiary companies, recovering cash of circa £400k and saving £1.8m. Show less

  • Risk and Crisis Manager EMEA APAC

    Jan 2020 - Jul 2021

  • Risk Manager Molson Coors Europe / Risk and Insurance Manager (UK and Ireland)

    Jan 2015 - Jan 2020

  • Claims and Insurance Manager (UK and Ireland)

    Oct 2012 - Jan 2015

  • Contentious Paralegal

    Jun 2011 - Oct 2012

  • Risk & Internal Controls

    Jan 2009 - Jun 2011
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  Frasers Group

  Jul 2021 - now

  Risk and Insurance Manager

  Manage risk and insurance for Frasers Group globally. Hold responsibility for the control of operational risk, business continuity, crisis management, risk finance, M&A due diligence, and delivery of a strategic enterprise risk management programme.• Responsible for the design, procurement, and management of the risk financing strategy, and ERM programme, as well as the creation of new crisis management and business continuity programmes.• Completion of global broker tender and insurance restructure saving c. 40% on expiring premium budget.•. Responsible for liability and insurance wordings in leases and commercial contracts in multiple jurisdictions.•. Oversee claims management including the implementation of new representation, processes and effective procedures, to ensure claims are handled economically and in line with corporate philosophy and judicial guidelines. Show less