Insurance Risk Engineer UK / Saudi / Dubai

JR United Kingdom; Chesterfield; On-site; GBP 100,000 - 140,000; Full time

Job summary

A leading company is seeking an Insurance Risk Engineer to join its team in Chesterfield. The role involves developing risk management strategies, negotiating insurance placements, and mentoring staff. Candidates need substantial experience and relevant qualifications to succeed in this high-responsibility position.

Qualifications

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

Responsibilities

• Develop strategies to mitigate or transfer risk.
• Negotiate and administer insurance and reinsurance placements.
• Manage activities with brokers, insurers, and service providers.

Skills

Risk Management

Insurance Expertise

Negotiation

Team Leadership

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, Chesterfield

Client: Kintec Global Recruitment

Location: Chesterfield, United Kingdom

Job Category: Other

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EU work permit required: Yes

Job Views: 23

Posted: 27.06.2025

Expiry Date: 11.08.2025

Job Description:

This role offers a six-figure salary package across UK, Dubai, and 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 sector, obtained from industry, international broking, risk management, or insurance company backgrounds.