Sr. Financial Analyst Insurance

Who are we looking for?

Our client is seeking an Insurance Risk Specialist to join the Insurance Management & Advisory Division (IMAD) of the Financial Risk Management Department (FRMD).

IMAD is within the Treasury and its function is to provide support across the Company through the identification, quantification and mitigation of casualty risks.

The Insurance Risk Specialist will analyze risk exposures, design strategies and procure insurance to protect assets and mitigate the liabilities of a growing company.

Minimum Requirements

• Bachelor's or Master's 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.
• 12 years experience in the oil & gas, petrochemical industry or a major corporate organization.
• Significant relevant corporate risk and insurance expertise obtained from industry, international brokerage, risk management, or insurance company background, ideally with experience in the energy and petrochemical industry sector.

Key Responsibilities

• Be flexible, team orientated, and able to work with minimum supervision to meet challenging deadlines and competent to plan and coordinate workloads for themselves and others.
• Add value by delivering work of the highest quality and be able to proactively overcome issues to ensure delivery.
• Possess good project management skills, a thorough understanding of contractual risk, and be able to offer logical and innovative solutions to complex issues.
• Apply working knowledge of captive insurance companies.
• Develop a 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.