Insurance Risk Engineer UK / Saudi / Dubai

Six figure

UK / Dubai / Saudi

Key Responsibilities

As the successful candidate you will be required to perform the following:

• Apply working knowledge of captive insurance companies.
• Develop strategy to mitigate or transfer risk.
• Analyze, critique and draft risk allocation, indemnity, insurance and other related contract provisions.
• Negotiate, implement and administer insurance and reinsurance placement structures (including optimal use of captive or alternative finance and transfer mechanisms).
• Develop and advise on the implementation of risk and insurance policy and procedures.
• Manage and coordinate broker, insurer, consultant and other service provider activities (including risk engineering and asset appraisals); Negotiate claims and pursue recovery from third parties.
• Mentor and develop staff.
• Represent the interests of the Division at internal and external meetings and assignments.

Minimum requirements

As a successful candidate you will hold the following:

• Bachelors or Masters degree, preferably in insurance or risk management from a recognized and approved program. A professional certification such as ACII, CMIRM, SIRM, or CPCU is preferred.
• 15 years experience in the oil & gas, petrochemical industry or a major corporate organization.
• Have relevant corporate risk and insurance expertise obtained from industry, international broking, risk management or insurance company background and ideally with experience of the energy and petrochemical industry sector.