Insurance Risk Engineer UK / Saudi / Dubai

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

Job summary

An international recruitment firm is seeking an experienced Insurance Risk Engineer for a role with a six-figure salary, applicable across the UK, Dubai, or Saudi Arabia. The ideal candidate will have a strong background in risk management, applying expertise to develop risk mitigation strategies, manage client relations, and mentor staff in a dynamic environment.

Qualifications

• 15 years of experience in the oil & gas, petrochemical industry, or major corporate organization.
• Relevant corporate risk and insurance expertise, ideally with experience in energy and petrochemical sectors.

Responsibilities

• Apply working knowledge of captive insurance companies.
• Develop strategies to mitigate or transfer risk.
• Negotiate, implement, and administer insurance and reinsurance placement structures.

Skills

Risk management

Insurance expertise

Negotiation

Analysis

Mentoring

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, Ipswich

Client:

Kintec Global Recruitment

Location:

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 offered for the role based in 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 related contract provisions.
• Negotiate, implement, and administer insurance and reinsurance placement structures, including the 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 division at internal and external meetings and assignments.

Candidate Requirements

• 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.
• 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 companies.