Insurance Executive

RAK Ceramics; Ras Al Khaimah; On-site; AED 120,000 - 200,000; Full time

Job summary

A leading ceramics manufacturer in Ras Al Khaimah is seeking an Insurance Executive to manage its insurance programs and assess risks. The successful candidate will negotiate with insurance providers and ensure proper policies are in place to protect company assets. Applicants should possess 4-8 years of insurance management experience, strong negotiation, analytical, and stakeholder management skills, along with a relevant bachelor’s degree. This is an opportunity to contribute significantly to aligning insurance strategies with business objectives.

Qualifications

• 4–8 years of relevant insurance and risk management experience.
• Strong knowledge of insurance policies and claims processing.
• Ability to manage end-to-end insurance processes.

Responsibilities

• Develop and implement the overall insurance strategy.
• Design, implement, and manage insurance and risk management programs.
• Oversee insurance claims for timely resolutions.

Skills

Negotiation skills

Analytical skills

Interpersonal skills

Detail-oriented

Stakeholder management

Education

Bachelor’s degree in Finance, Risk Management, Law, or Business Administration

CII Certification

Tools

SAP MM module

Job description

Who We Are

We help to create icons. We help to build marvels. Our products feature in some of the most iconic buildings in the world.

RAK Ceramics is one of the largest ceramics brands globally, specializing in ceramic and gres porcelain wall and floor tiles, sanitaryware, faucets, and tableware. Headquartered in the United Arab Emirates, we serve clients in over 150 countries through operational hubs in Europe, the Middle East and North Africa, Asia, North & South America, and Australia.

With over 12,000 employees from 40+ nationalities, we are a truly global and diverse organization. RAK Ceramics is publicly listed on the Abu Dhabi Securities Exchange (ADX) and the Dhaka Stock Exchange.

The Role

We are looking for an Insurance Executive to manage and oversee the organization’s insurance programs and coverage across the Group. This role will be responsible for assessing and managing risk, negotiating with insurance providers, and ensuring that appropriate policies are in place to protect the company’s assets, operations, and people.

The Insurance Executive will play a critical role in aligning insurance strategy with business objectives, ensuring compliance, and delivering effective insurance and risk management solutions.

What You Will Be Doing

Strategy & Business Development

• Develop and implement the overall insurance strategy in line with company objectives
• Identify opportunities for product development and new business initiatives
• Analyze market trends, insurer offerings, and competitor activity
• Manage insurance budgets, forecasts, and performance metrics

Insurance Program Management

• Design, implement, and manage comprehensive insurance and risk management programs
• Coordinate with internal stakeholders (HR, Legal, Finance, Sales, Operations) and insurance brokers to ensure adequate coverage
• Review insurance policies, endorsements, and related documentation to ensure full and appropriate coverage
• Ensure all insurance requirements align with organizational goals and contractual obligations
• Oversee the governance, administration, performance, and delivery of insurance services across the Group
• Optimize cost, efficiency, and value while adhering to approved budgets and targets

Claims Management

• Manage and oversee insurance claims with brokers and insurers to ensure timely and effective resolution
• Work closely with internal stakeholders and insurers to assess claims and minimize financial exposure
• Ensure claims are redirected to service providers where applicable and contractual terms are clear and robust
• Lead negotiations with insurers to maximize recoveries and resolve disputes

Risk Assessment & Mitigation

• Conduct risk assessments for new and existing policies to identify coverage gaps
• Recommend risk mitigation measures through policy structuring, insurance solutions, and contract terms
• Participate in enterprise risk reviews to ensure integration of insurance into risk management frameworks

Stakeholder & Relationship Management

• Maintain strong relationships with insurance brokers, insurers, underwriters, and reinsurers
• Collaborate closely with internal teams to ensure alignment on insurance needs
• Monitor and review insurance programs across the portfolio

Compliance, Reporting & Contracts

• Ensure compliance with regulatory requirements, mandates, and internal risk policies
• Maintain accurate records of insurance policies, claims, and correspondence
• Prepare regular reports on insurance coverage, claims status, and risk exposure for senior management and the Board

Contract Review and Negotiation

• Review and negotiate insurance provisions in project and commercial contracts
• Ensure insurance coverage meets project finance and contractual requirements

Types of Insurance Managed

• Property Insurance
• Land Transit
• Political Violence
• Comprehensive General Liability
• Money Insurance
• Fidelity Insurance
• Contractors Plant & Machinery
• Erection All Risk
• Hotel Policy
• Group Medical Insurance
• Group Life Insurance & Workmen’s Compensation
• Employers’ Liability
• Charter Liability
• Marine Open Cover
• Motor Fleet Insurance
• Directors & Officers (D&O) Liability

What We Are Looking For

Some of the key competencies required for the role include:

Functional

• Bachelor’s degree in Finance, Risk Management, Law, Business Administration, or CII Certification
• 4–5 years of experience in insurance management (ideal: 5–8 years)
• Strong knowledge of insurance policies, claims processing, and regulatory compliance
• Proven ability to negotiate with insurers and vendors
• Experience drafting and reviewing contracts
• Strong analytical skills to identify root causes and resolve process issues
• Ability to manage end-to-end insurance processes
• Knowledge of PR to PO cycle
• Proficiency in SAP MM module

Behavioural

• Strong interpersonal and communication skills
• Ability to manage multiple priorities and projects simultaneously
• Detail-oriented with high accuracy
• Sound decision-making and prioritization skills
• Ability to work independently and collaboratively
• Comfortable working under pressure

Our Ideal Match

• Bachelor’s degree required; Master’s degree or professional certifications (CPCU, ARM) are a plus
• 4–8 years of relevant insurance and risk management experience
• Strong stakeholder management skills across cross-functional teams
• Fluency in English; additional languages are an advantage

RAK Ceramics is an Equal Opportunity Employer.

We do not discriminate on the basis of race, colour, religion, gender, nationality, disability, age, or marital status.