Insurance Risk Engineer UK / Saudi / Dubai

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

Job summary

A leading company is seeking an Insurance Risk Engineer for roles in the UK, Dubai, or Saudi Arabia. This position offers a six-figure salary and requires extensive experience in risk management and insurance within the oil and gas industry. The successful candidate will lead risk strategies, manage insurance placements, and mentor junior staff while representing the division at important meetings.

Qualifications

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

Responsibilities

• Develop strategies to mitigate or transfer risk.
• Negotiate and administer insurance and reinsurance placements.
• Mentor and develop staff.

Skills

Risk Management

Negotiation

Risk Analysis

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, Chester

Client: Kintec Global Recruitment

Location: Chester, United Kingdom

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:

The role offers a six-figure salary and involves working in the UK, Dubai, or 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.

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, ideally with experience in the energy and petrochemical sectors, obtained from industry, international broking, risk management, or insurance companies.