Insurance Risk Engineer UK / Saudi / Dubai

JR United Kingdom; High Wycombe; On-site; GBP 70,000 - 100,000; Full time

Job summary

A leading company is seeking an Insurance Risk Engineer based in High Wycombe, UK, or potentially in Dubai or Saudi Arabia. The successful candidate will develop strategies for risk mitigation, manage insurance placements, and mentor staff. Experience in the oil & gas sector and relevant qualifications are essential.

Qualifications

• 15 years experience in oil & gas or petrochemical industry.
• Professional certification (ACII, CMIRM, SIRM, CPCU) preferred.
• Expertise in corporate risk and insurance from industry or international broking.

Responsibilities

• Develop strategy to mitigate or transfer risk.
• Negotiate, implement and administer insurance placements.
• Manage broker and insurer activities.

Skills

Risk Management

Insurance Negotiation

Strategy Development

Mentoring

Education

Bachelor's or Master's in Insurance or Risk Management

Job description

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Insurance Risk Engineer UK / Saudi / Dubai, high wycombe

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Client:

Kintec Global Recruitment

Location:

high wycombe, United Kingdom

Job Category:

Other

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EU work permit required:

Yes

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Job Views:

4

Posted:

31.05.2025

Expiry Date:

15.07.2025

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Job Description:

Six figure

UK / Dubai / Saudi

Key Responsibilities

As the successful candidate you will be required to perform the following:

• Apply working knowledge of captive insurance companies.
• Develop strategy 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 optimal use of captive or alternative finance and transfer mechanisms).
• Develop and advise on the implementation of risk and insurance policy and procedures.
• Manage and coordinate broker, insurer, consultant and other service provider activities (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.

As a successful candidate you will hold the following:

• Bachelors or Masters degree, preferably in insurance or risk management from a recognized and approved program. A professional certification such as ACII, CMIRM, SIRM, or CPCU is preferred.
• 15 years experience in the oil & gas, petrochemical industry or a major corporate organization.
• Have relevant corporate risk and insurance expertise obtained from industry, international broking, risk management or insurance company background and ideally with experience of the energy and petrochemical industry sector.