Risk Engineer: Oil and Gas - Upstream
Risk Engineer: Oil and Gas - Upstream

Risk Engineer: Oil and Gas - Upstream

Cardiff Full-Time 46200 - 77000 £ / year (est.) No home office possible
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Zurich Insurance

At a Glance

  • Tasks: Assess risks and provide expert insights in the Oil & Gas sector.
  • Company: Join Zurich, a leading global insurer with a commitment to sustainability.
  • Benefits: Flexible working options, competitive salary, and extensive employee benefits.
  • Why this job: Make a real impact in a dynamic environment while developing your skills.
  • Qualifications: Degree in engineering and experience in upstream operations required.
  • Other info: Be part of a diverse community that values wellbeing and continuous improvement.

The predicted salary is between 46200 - 77000 £ per year.

Overview

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

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. You’ll be responsible for ensuring that all risk engineering is technically and commercially viable by providing first class customer service and ensuring that all risk engineering policies and standards are clearly defined and implemented.

You will be part of a team that provides expert resource to Zurich’s internal teams in underwriting and claims, to customers and to our global risk engineering network on Oil & Gas related Property, Business Interruption, Construction, Machinery Breakdown and Liability/Environmental issues.

This is a home-based position and will require travel to our London office and customer sites internationally.

Many of our employees work flexibly in a variety of different ways, including part-time, flexible hours, job share, an element of working from home or compressed hours. This is because we want the best people for our roles, and we recognise that sometimes those people aren’t available full-time. Please talk to us at interview about the flexibility you may need.

What will you be doing?

The role of a Risk Engineer is varied and challenging but very rewarding. Accountabilities vary in nature and will include:

  • To assist underwriters by assessing risk quality and estimating maximum loss potential for Property Damage, Business Interruption and Liability.
  • To carry out site-based risk engineering surveys of worldwide production facilities, producing clear technical reports for internal or external distribution and providing customers with risk improvement recommendations.
  • To assess broker submissions and survey reports to produce desk top risk assessments for other production facilities.
  • To support claims validation and investigation processes.
  • To provide thought leadership and technical insight on risk features of related industries, including lessons from losses.
  • To be conversant with our full risk engineering proposition and to work with customers and brokers to identify and develop opportunities to deliver income generating risk engineering services.

What are we looking for?

Successful applications will need to demonstrate the following requirements:

  • 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. This should include operational experience of production, maintenance and plant integrity, technical support, etc.
  • Experience in wells or commissioning would be considered of interest.
  • Ability to produce concise and accurate technical reports in a timely manner.
  • The ideal candidate will have existing knowledge of the insurance market and will have worked in customer facing roles to develop business propositions and deliver growth.

What will you get in return?

Everyone’s different. That’s why at Zurich, we offer a wide range of employee benefits so our people can choose what fits them and their life. Our benefits provide real flexibility so our people can make considered choices and tailor their benefits throughout the year. Our benefits include 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.

Follow the link for more information about our benefits – Employee benefits | Working at Zurich Insurance UK

Who we are

At Zurich we aspire to be one of the most responsible and impactful businesses in the world and the best global insurer. Together we’re creating a brighter future for our customers, our people and our planet. With over 55,000 employees in more than 170 countries, you’ll feel the support of being part of a strong and stable company who are a long-standing player in the insurance industry.

We’ve made a promise to each other and every employee; to focus on sustainable impact, to care about each other’s wellbeing, to use our diverse expertise to be curious and optimistic and to develop the skills needed for our future. If you\’re interested in working in a dynamic and challenging environment for a company that recognises and rewards your creativity, initiatives and contributions – then Zurich could be just the place for you. Be part of something great.

Our Culture

At Zurich, our sense of community is strong and we’re particularly passionate about diversity and inclusion, which we’ve won numerous awards for. We want our people to bring the whole of themselves to work and ensure everybody is made to feel welcome, regardless of their background, beliefs or culture. We want our employees to reflect the diversity of our customers, and so are committed to treating all of our applicants fairly and with respect, irrespective of their actual or assumed background, disability or any other protected characteristic.

We’ve an environment that places a real importance on our people’s wellbeing from a physical, mental, social and financial perspective. We work with our wellbeing partners and industry experts to provide the best advice and access to a wealth of lifestyle support. We’re also committed to continuous improvement and we offer access to a comprehensive range of training and development opportunities.

We’re passionate about supporting employees to help others by getting involved in volunteering, charitable and community activity. Our charitable arm, Zurich Community Trust, is one of the longest-established corporate trusts in the UK. In that time, we’ve awarded grants and volunteered time to deserving causes in the UK valued at over £90 million.

So make a difference. Be challenged. Be inspired. Be supported, Love what you do. Work for us.

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Risk Engineer: Oil and Gas - Upstream employer: Zurich Insurance

Zurich is an exceptional employer that prioritises flexibility and employee wellbeing, offering a range of benefits including a generous pension scheme, private medical insurance, and the option to tailor holiday entitlements. With a strong commitment to diversity and inclusion, employees are encouraged to bring their authentic selves to work, fostering a supportive community that values personal and professional growth. As part of a global leader in the insurance industry, you will have access to extensive training opportunities and the chance to make a meaningful impact through charitable initiatives.
Zurich Insurance

Contact Detail:

Zurich Insurance Recruiting Team

StudySmarter Expert Advice 🤫

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

✨Network Like a Pro

Get out there and connect with people in the oil and gas industry! Attend events, join online forums, and don’t be shy about reaching out on LinkedIn. We all know that sometimes it’s not just what you know, but who you know that can land you that dream job.

✨Show Off Your Skills

When you get the chance to chat with potential employers, make sure to highlight your technical expertise and any relevant experience. We want to see how you can bring value to the team, so don’t hold back on sharing your achievements and insights!

✨Prepare for Interviews

Do your homework before interviews! Research the company, understand their values, and be ready to discuss how your background aligns with their needs. We love candidates who come prepared and can engage in meaningful conversations about risk engineering.

✨Apply Through Our Website

Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we’re always looking for passionate individuals who are eager to make a difference in the risk engineering space.

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

Risk Assessment
Technical Report Writing
Customer Service
Oil & Gas Industry Knowledge
Engineering Degree (Chemical/Mechanical)
Chartered Engineer (CEng) Status or Working Towards
Site-Based Risk Engineering Surveys
Business Interruption Analysis
Claims Validation and Investigation
Production Facility Operations
Maintenance and Plant Integrity
Broker Submission Assessment
Communication Skills
Problem-Solving Skills

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the Risk Engineer role. Highlight your engineering qualifications and relevant experience in upstream operations. We want to see how your skills align with what we’re looking for!

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re passionate about risk engineering in the oil and gas sector. Let us know how your background makes you a great fit for our team.

Showcase Your Technical Skills: Since this role involves producing technical reports, make sure to mention any experience you have in this area. We love candidates who can communicate complex information clearly and concisely!

Apply Through Our Website: Don’t forget to apply through our website! It’s the best way to ensure your application gets to us directly. Plus, you’ll find all the info you need about the role and our company culture there.

How to prepare for a job interview at Zurich Insurance

✨Know Your Stuff

Make sure you brush up on your technical knowledge related to risk engineering in the oil and gas sector. Be prepared to discuss specific projects you've worked on, especially those involving property damage, business interruption, or liability issues.

✨Showcase Your Experience

Highlight your industrial experience in upstream operations. Talk about your operational experience with production, maintenance, and plant integrity. This will demonstrate that you understand the challenges and nuances of the role.

✨Prepare for Scenario Questions

Expect questions that ask how you would handle specific risk assessment scenarios. Think through potential risks and how you would approach them, as well as how you would communicate your findings in a clear and concise manner.

✨Emphasise Flexibility and Teamwork

Since this role offers flexible working arrangements, be ready to discuss how you can adapt to different working styles and environments. Also, highlight your ability to work collaboratively with internal teams and clients to deliver effective risk engineering solutions.

Risk Engineer: Oil and Gas - Upstream
Zurich Insurance
Location: Cardiff
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