Senior Insurance Officer

ADNOC; Ajman; On-site; AED 60,000 - 100,000; Full time

Job summary

An established industry player is seeking a detail-oriented Insurance Supervisor to oversee the implementation of insurance policies and manage claims processes. This role involves coordinating with the Corporate Insurance Division, preparing budgets, and ensuring compliance with UAE regulations. The ideal candidate will have a strong background in insurance management, excellent communication skills, and a commitment to continuous improvement. Join a dynamic team dedicated to enhancing operational efficiency and safety standards in a supportive and innovative environment.

Qualifications

• 5 years of experience in insurance and claim activities, preferably in the UAE.
• Proficiency in English and computer literacy required.

Responsibilities

• Supervise implementation of insurance policies and procedures.
• Manage annual budget for insurance premiums and claims.

Skills

Insurance Claims Management

Risk Management

Budget Preparation

Communication Skills

Training and Development

Problem Solving

Education

Degree in Accounting

Degree in Commerce

Tools

Spreadsheets

Database Software

Job description

Supervise the implementation of Insurance Policies and procedures in coordination with ADNOC Corporate Insurance Division. Supports the activities related to blanket policies, direct policies, asset valuation and risk management aspects such as surveys and site visits. Directs the preparation and control of the annual budget for insurance premiums. Supervises the administration of the Group Company's existing insurance policies and claims.

KEY ACCOUNTABILITIES :

Job Specific Accountabilities

• Reviews the documentation for insurance claims.
• Reviews adequacy of the insurance clauses of ADNOC Global Trading Group's contracting instruments.
• Reviews and comments on insurance policies submitted by contractors.
• Verifies premium calculations and matches against the insurance policy conditions.
• Reviews assets valuation reports and matches with the assets register.
• Updates volumes, estimates premiums in the ETRM and finalizes them.
• Assists in lodging completely documented insurance claims with the insurance companies.
• Participates in claims negotiation and claims settlement with the insurance companies.
• Reviews risk evaluation assessment reports and follows up on risk improvement recommendations.
• Supports the technical and commercial evaluation of insurance tenders under the supervision of ADNOC Corporate Insurance Division and aligned with relevant procurement processes.
• Manages the preparation of the annual insurance budget.
• Manages the preparation of the annual insurance circular for management.
• Organizes workshops and makes presentations to the Company's staff for dissemination of insurance awareness and information.
• Complies with all UAE, ADNOC, ADNOC Global Trading and client Asset Integrity Management codes of practice.

Generic Accountabilities Supervision

Plan, supervise and coordinate all activities in the assigned area to meet functional objectives.

• Train and develop the assigned staff on relevant skills to enable them to become proficient on the job and deliver the respective section objectives.

Budgets

Provide input for preparation of the Department budgets and assist in the implementation of the approved Budget and work plans to deliver Section objectives.

• Investigate and highlight any significant variances to support effective performance and cost control.

Implement approved Section policies, processes, systems, standards and procedures in order to support execution of the Section's work programs in line with Company and International standards.

• Comply with all applicable legislation and legal regulations.

Performance Management

Contribute to the achievement of the approved Performance Objectives for the Section in line with the Company Performance framework.

Innovation and Continuous Improvement

Design and implement new tools and techniques to improve the quality and efficiency of operational processes.

• Identify improvements in internal processes against best practices in pursuit of greater efficiency to define intelligent solutions for issues confronting the function.

Health, Safety, Environment (HSE) and Sustainability

Support the institution of an HSE culture and ensure compliance with relevant HSE policies, procedures & controls and applicable legislation and sustainability guidelines across the Division in line with international standards, best practices and Corporate Code of Practices to ensure integrity and safety of assets.

Reports

Provide inputs to prepare progress reports for Company Management.

COMMUNICATIONS & WORKING RELATIONSHIPS :

Internal

• Has daily contact with immediate associates for liaison and cooperation.
• Has regular contact with personnel in Operations and Technical Functions for data gathering and finalization of insurance issues.
• Resolves occasional queries received from Operation and Technical functions.

External

None.

QUALIFICATIONS, EXPERIENCE, KNOWLEDGE & SKILLS :

Degree in Accounting or Commerce or equivalent from a recognized University.

Minimum Experience & Knowledge & Skills

5 years' experience in insurance and claim activities in a petroleum or major industrial concern, preferably in the UAE.

• Proficiency in English.
• Computer literacy including ability to use computer terminal / PC input and retrieve data, generate reports using spreadsheets, database and other software.

WORK CONDITION : Physical Effort

• Minimal.
• Normally air-conditioned office environment.