Insurance Risk Engineer UK / Saudi / Dubai

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

Job summary

A leading recruitment agency seeks an Insurance Risk Engineer for a six-figure salary role based in Gloucester, covering operations in the UK, Dubai, and Saudi Arabia. Ideal candidates must have significant experience in the oil and gas sector and a strong educational background in risk management or insurance.

Qualifications

• Professional certifications preferred: ACII, CMIRM, SIRM, CPCU.
• 15+ years of experience in the oil & gas, petrochemical industry, or major corporate organizations.
• Relevant experience in corporate risk and insurance.

Responsibilities

• Develop strategies to mitigate or transfer risk.
• Analyze, critique, and draft risk allocation, indemnity, insurance, and related contract provisions.
• Manage activities with brokers, insurers, consultants, and other service providers.

Skills

Risk Analysis

Contract Drafting

Negotiation

Mentoring

Education

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

Job description

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Insurance Risk Engineer UK / Saudi / Dubai, Gloucester

Client:

Kintec Global Recruitment

Location:

Gloucester, 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:

Six figure salary package available for an Insurance Risk Engineer role covering 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 the use of captive or alternative finance mechanisms.
• Develop and advise on 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 division at internal and external meetings and assignments.

As a successful candidate, you will hold the following qualifications:

• Bachelor's or Master's degree in insurance or risk management from a recognized program. Professional certifications such as ACII, CMIRM, SIRM, or CPCU are preferred.
• At least 15 years of experience in the oil & gas, petrochemical industry, or a major corporate organization.
• Relevant corporate risk and insurance expertise, preferably with experience in the energy and petrochemical sectors, obtained from industry, international broking, risk management, or insurance companies.