Insurance Risk Engineer UK / Saudi / Dubai

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

Job summary

A leading global recruitment company seeks an Insurance Risk Engineer for its Chelmsford office. The successful candidate will leverage 15 years in risk management and insurance within the oil and gas sector, guiding strategic risk decisions and managing complex insurance structures. This high-level position offers a six-figure salary, reflecting the significant expertise required.

Qualifications

• 15 years of experience in oil & gas or petrochemical industry.
• Relevant corporate risk expertise from international broking or insurance companies.

Responsibilities

• Apply knowledge of captive insurance companies and develop risk strategies.
• Negotiate and manage insurance and reinsurance placements.
• Coordinate with brokers, insurers, and consultants.

Skills

Risk management

Negotiation

Mentoring

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, Chelmsford

Client: Kintec Global Recruitment

Location: Chelmsford

Job Category: Other

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EU work permit required: Yes

Job Views: 4

Posted: 31.05.2025

Expiry Date: 15.07.2025

Job Description:

This position offers a six-figure salary.

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.

Candidate Requirements

• Bachelor's or Master's degree, preferably in insurance or risk management from a recognized and approved 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 sector.