Have you heard about our company in Gibraltar?
Will Moulder recently joined Admiral Insurance Gibraltar Limited (AIGL), an entity within Admiral Group which holds the insurance licence and holds the majority of its insurance risks, as Chief Financial Officer. Although AIGL supports a huge area of Admiral, it’s often seen as a hidden gem, with a small team of 10 working from an office in sunny Gibraltar. Will discusses what made him want to join AIGL and how he sees it growing.
Can you tell us a little about yourself and how you ended up at AIGL?
I started my working life at Deloitte in London where I did my studies and became a Chartered Accountant. I found my way into insurance working for Prudential Plc in London – first in their group finance team and then latterly helping to build a life insurance business in Africa. My wife Sian and I and our three children all moved to Zambia for a couple of years as part of a work secondment which was a fantastic experience. I love travelling and was able to work in or visit 20 countries over the 12 years I was at Prudential.
Like a lot of people, I had time to reflect on life during the pandemic and the siren call of Wales was very strong for my wife who grew up near Cardiff – so we moved to South Wales. I was looking for a new challenge and the opportunity at AIGL really stood out for me as a new adventure – building a leading function with the team in Gibraltar within an important part of a FTSE 100 financial services group.
For those who don’t know, what does AIGL do?
AIGL is essentially the entity that holds the insurance license for the majority of Admiral’s insurance policies, and it’s the company that ultimately holds the risk of each policy. We’re part of the Admiral family, we just have separate legal identities. We insure the majority of the motor book in the UK, Van, Household and many of the high potential new businesses being fostered around the Group in Admiral Pioneer. So there’s lots going on, despite only being a team of 10!
Why are you based in Gibraltar if you support the UK business?
Back when we were restructuring and exiting from Lloyds of London in 2003 so that we could underwrite our own policies, we wanted to set up quickly, and Gibraltar offered the opportunity to do so faster than other jurisdictions. So that’s why we’re in Gibraltar, the good weather is simply a plus!
What are some of your goals for AIGL?
In the short term, we would like to put AIGL on the map as an employer of choice. We need to make AIGL the destination for talented people and to challenge ourselves about what more we can do for the Group to make the businesses we insure fitter and stronger.
I’d also love for AIGL to be a place that encourages and enables internal mobility within Admiral, whether that’s for short term secondments for colleagues who simply want a new experience, or permanently for those who can see their career growing here. We have a really unique view of a number of areas of the Group and it’s a great place to build exposure, not to mention the beautiful weather we have here of course!
AIGL is a fundamental part of our business with exciting opportunities for career growth and development.
Learn more about our Finance opportunities at Admiral.