Insurance Risk Engineer UK / Saudi / Dubai

JR United Kingdom; Basingstoke; On-site; GBP 90,000 - 130,000; Full time

Job summary

A leading company in the insurance sector is seeking an Insurance Risk Engineer to join their team in Basingstoke. The role offers a six-figure salary opportunity and involves working with captive insurance companies, developing risk management strategies, and collaborating with various stakeholders in the oil & gas and petrochemical industries. Ideal candidates will possess a relevant degree, extensive experience, and professional certifications in risk management.

Qualifications

• 15 years of experience in oil & gas or petrochemical industry.
• Corporate risk and insurance expertise from related sectors.

Responsibilities

• Develop strategies to mitigate or transfer risk.
• Negotiate and manage insurance placement structures.
• Mentor and develop staff.

Skills

Risk Analysis

Contract Negotiation

Insurance Placement

Risk Management

Mentoring

Education

Bachelor's or Master's degree in insurance or risk management

ACII, CMIRM, SIRM, or CPCU certification

Job description

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Insurance Risk Engineer UK / Saudi / Dubai, Basingstoke

Client:

Kintec Global Recruitment

Location:

Job Category:

Other

-

EU work permit required:

Yes

Job Views:

4

Posted:

31.05.2025

Expiry Date:

15.07.2025

Job Description:

Six figure salary opportunity in UK / Dubai / Saudi Arabia

Key Responsibilities

• Apply working knowledge of captive insurance companies.
• Develop strategies 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 the optimal use of captive or alternative finance and transfer mechanisms.
• Develop and advise on the implementation of risk and insurance policies and procedures.
• Manage and coordinate activities with brokers, insurers, consultants, and other service providers, including risk engineering and asset appraisals; negotiate claims and pursue recovery from third parties.
• Mentor and develop staff.
• Represent the interests of the division at internal and external meetings and assignments.

Qualifications:

• Bachelor's or Master's degree, preferably in insurance or risk management from a recognized program. Professional certifications such as ACII, CMIRM, SIRM, or CPCU are preferred.
• 15 years of experience in the oil & gas, petrochemical industry, or a major corporate organization.
• Relevant corporate risk and insurance expertise obtained from industry, international broking, risk management, or insurance company backgrounds, ideally with experience in the energy and petrochemical sectors.