Insurance Risk Engineer UK / Saudi / Dubai

JR United Kingdom; Cambridge; On-site; GBP 100,000 - 200,000; Full time

Job summary

A leading recruitment client seeks an Insurance Risk Engineer for positions in the UK, Saudi, and Dubai. This role demands extensive experience in risk management and insurance within the oil & gas sector, offering a competitive six-figure salary package. Candidates should hold a relevant degree and possess strong negotiation skills.

Qualifications

• 15 years' experience in oil & gas or petrochemical industry.
• Expertise in corporate risk and insurance.
• Mentorship capabilities and staff development.

Responsibilities

• Apply working knowledge of captive insurance companies.
• Develop strategies to mitigate or transfer risk.
• Manage coordination with brokers, insurers, and consultants.

Skills

Risk Management

Negotiation

Leadership

Education

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

Professional certifications (ACII, CMIRM, SIRM, CPCU)

Job description

Social network you want to login/join with:

Insurance Risk Engineer UK / Saudi / Dubai, Cambridge

Client:

Kintec Global Recruitment

Location:

UK / Dubai / Saudi

Job Category:

Other

EU work permit required: Yes

Job Views: 4

Posted: 31.05.2025

Expiry Date: 15.07.2025

Job Description:

This role offers a six-figure salary package.

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 of 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.
• Minimum of 15 years' 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.