Risk Engineer: Oil and Gas - Upstream in Newcastle upon Tyne

Risk Engineer: Oil and Gas - Upstream in Newcastle upon Tyne

Newcastle upon Tyne Full-Time 39600 - 66000 £ / year (est.) No working from home possible
Zurich Insurance

At a Glance

  • Tasks: Assess risks in oil and gas, conduct surveys, and provide expert recommendations.
  • Company: Join Zurich Insurance, a global leader in risk management and sustainability.
  • Benefits: Enjoy a competitive salary, pension scheme, bonuses, and flexible holiday options.
  • Other info: Flexible working hours with opportunities for international travel.
  • Why this job: Make a real impact in the oil and gas industry while working from home.
  • Qualifications: Degree in engineering and experience in upstream operations required.

The predicted salary is between 39600 - 66000 £ per year.

Risk Engineer: Oil and Gas - Upstream

Zurich Insurance

Working hours: This role is available on a part-time, job-share or full-time basis.

Salary: £55,000-£100,000 depending on experience plus car, plus allowances.

Location: Home-Based, UK. This is a home‑based position and will require travel to our London office and customer sites internationally.

Closing date for applications: 31st October 2025.

The opportunity: We have an exciting opportunity to work within our risk engineering business as an Oil & Gas Risk Engineer. The role involves ensuring that all risk engineering is technically and commercially viable by providing first‑class customer service and defining and implementing risk engineering policies and standards.

Responsibilities

  • Assist underwriters by assessing risk quality and estimating maximum loss potential for Property Damage, Business Interruption and Liability.
  • Carry out site‑based risk engineering surveys of worldwide production facilities, producing clear technical reports and providing risk improvement recommendations.
  • Assess broker submissions and survey reports to produce desk‑top risk assessments for other production facilities.
  • Support claims validation and investigation processes.
  • Provide thought leadership and technical insight on risk features of related industries, including lessons from losses.
  • Work with customers and brokers to identify and develop opportunities to deliver income‑generating risk engineering services.

Qualifications

  • Bachelor’s/Master’s degree in engineering (Chemical/Mechanical preferred).
  • Chartered Engineer (CEng) status or working towards.
  • Extensive industrial experience in upstream (exploration/production) operations, including production, maintenance, plant integrity and technical support.
  • Experience in wells or commissioning would be considered of interest.
  • Ability to produce concise and accurate technical reports in a timely manner.
  • Existing knowledge of the insurance market and experience in customer‑facing roles to develop business propositions and deliver growth.

Benefits

12% defined non‑contributory pension scheme, annual company bonus, private medical insurance and the option to buy up to an additional 20 days or sell some of your holiday. These and many other benefits are available to help employees tailor their benefits throughout the year.

Zurich is a responsible, global insurer committed to sustainability, diversity and inclusion. All decisions on hiring are made without regard to age, sex, race, religion, disability, nationality or any other protected characteristic.

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Risk Engineer: Oil and Gas - Upstream in Newcastle upon Tyne employer: Zurich Insurance

Zurich Insurance is an exceptional employer, offering a flexible home-based role for a Risk Engineer in the Oil and Gas sector, with competitive salaries and a comprehensive benefits package including a generous pension scheme and private medical insurance. The company fosters a supportive work culture that prioritises employee growth and development, while also promoting sustainability, diversity, and inclusion, making it an ideal place for professionals seeking meaningful and rewarding careers.

Zurich Insurance

Contact Details:

Zurich Insurance Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Risk Engineer: Oil and Gas - Upstream in Newcastle upon Tyne

Join Compliance Communities

Get involved in compliance and risk communities — both online and offline. Look for forums, LinkedIn groups, or even local meetups where compliance pros hang out. You never know who might drop a job opportunity your way!

Attend Industry Conferences

Keep an eye out for compliance and risk management conferences and workshops in your area. These events are a goldmine for networking, and they often have job boards or recruiters on-site looking for new talent. Plus, it’s a chance to learn what's trending in the field.

Leverage Your University Career Services

If you’ve recently graduated or are still studying, head over to your university's career services. Many companies, including those in compliance, actively recruit fresh talent through these services, so make sure you tap into that resource.

Showcase Your Knowledge Online

Start writing articles or blog posts about compliance topics that interest you. Share them on platforms like LinkedIn to demonstrate your knowledge and passion. This not only builds your presence in the field but can also catch the attention of companies like Zurich Insurance looking for candidates who are engaged and informed.

We think you need these skills to ace Risk Engineer: Oil and Gas - Upstream in Newcastle upon Tyne

Risk Assessment
Technical Report Writing
Customer Service
Risk Engineering Policies
Property Damage Analysis
Business Interruption Analysis
Liability Assessment

Some tips for your application 🫡

Show Your Understanding of Compliance:In the compliance-risk field, it's super important to showcase your understanding of regulations and risk management frameworks. Highlight any relevant coursework, certifications (like ICA or AML), or even projects that demonstrate your knowledge and commitment to this area. We want to see how you can navigate this complex landscape!

Quantify Your Achievements:When detailing your experience, try to quantify your achievements. For example, if you've previously worked on a project that improved compliance metrics or reduced risk exposure, give us the numbers! This data-driven approach really stands out to hiring managers in compliance-risk roles.

Tailor Your CV to Reflect Relevant Skills:Make sure your CV highlights skills that are particularly relevant to compliance, like attention to detail, analytical thinking, and report writing. Ensure these are easy to spot – consider using bullet points to break down your responsibilities and achievements for maximum impact!

Craft a Motivating Cover Letter:In your cover letter, let us know why you’re excited about the compliance-risk role at Zurich Insurance. Share what motivates you about compliance, and how you believe you can contribute to our mission. This is your chance to showcase not only your skills but also your passion for this important field!

How to prepare for a job interview at Zurich Insurance

Master the Regulations

Brush up on key compliance regulations relevant to the industry you're applying to. Familiarising yourself with specific laws and frameworks used in your field will give you an edge during technical questions. Show that you’re not just aware of them but can also apply them—think real-life scenarios!

Show Your Analytical Skills

Compliance roles really focus on analytical skills, so be prepared for case studies or situational questions during the interview. We've got to demonstrate how we approach risk assessments or compliance audits, possibly drawing on examples from past experiences or university projects. Bring some thoughtful case scenarios to discuss!

Know Your Tools

Get comfortable with commonly used compliance software and tools. Familiarity with platforms like RSA or MetricStream can really impress during your interview, as it shows you're ready to hit the ground running. If you’ve had any experience with them, make sure to highlight that!

Align with Company Culture

Since it's a full-time position, show your long-term commitment and interest in the company’s mission and values. Dive into how your ethics and professional philosophy align with Zurich Insurance’s stance on compliance. A shared vision can really resonate with interviewers looking for fit as much as skill!