Insurance Risk Engineer UK / Saudi / Dubai

JR United Kingdom; Bolton; On-site; GBP 100,000 - 150,000; Full time

Job summary

A leading company in the insurance sector is looking for an Insurance Risk Engineer to work in the UK, Dubai, or Saudi Arabia. This role offers a six-figure salary and involves developing risk strategies, managing insurance placements, and mentoring staff. Ideal candidates will have advanced degrees and extensive experience in the oil & gas or petrochemical industries, focusing on risk management.

Qualifications

• 15 years of experience in the oil & gas or petrochemical industry.
• Expertise in corporate risk and insurance.

Responsibilities

• Develop strategies to mitigate or transfer risk.
• Negotiate and administer insurance and reinsurance structures.
• Manage activities with brokers and insurance providers.

Skills

Risk management

Negotiation

Contract drafting

Insurance expertise

Education

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

Professional certifications (ACII, CMIRM, SIRM, CPCU)

Job description

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Insurance Risk Engineer UK / Saudi / Dubai, Bolton, Greater Manchester

Client:

Kintec Global Recruitment

Location:

Bolton, Greater Manchester, United Kingdom

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 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.

Candidate Requirements

• 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 from industry, international broking, risk management, or insurance company backgrounds, ideally with experience in the energy and petrochemical sectors.