Insurance Risk Engineer UK / Saudi / Dubai

JR United Kingdom; City of Edinburgh; On-site; GBP 100,000 - 150,000; Full time

Job summary

A leading company in the risk management sector seeks an experienced professional to manage complex insurance structures across the UK, Dubai, and Saudi Arabia. Candidates should possess a degree in insurance or risk management, along with significant industry experience. The role involves strategic development, risk analysis, and staff mentoring, offering a competitive six-figure salary.

Qualifications

• 15 years experience in oil & gas, petrochemical, or major corporate organization.
• Relevant corporate risk and insurance expertise ideally in energy sector.

Responsibilities

• Apply working knowledge of captive insurance companies.
• Negotiate and implement insurance placement structures.
• Mentor and develop staff.

Skills

Risk Management

Insurance Expertise

Negotiation

Mentoring

Education

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

Professional certifications (ACII, CMIRM, SIRM, CPCU)

Job description

Client: Kintec Global Recruitment

Location: Edinburgh, United Kingdom

Job Category: Other

EU work permit required: Yes

Job Views: 24

Posted: 27.06.2025

Expiry Date: 11.08.2025

Job Description:

This position offers a six-figure salary and involves work in the 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 related contract provisions.
• Negotiate, implement, and administer insurance and reinsurance placement structures, including 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.
• 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 energy and petrochemical sectors, obtained from industry, international broking, risk management, or insurance company backgrounds.