Insurance Risk Engineer UK / Saudi / Dubai

JR United Kingdom; London; On-site; GBP 100,000 - 150,000; Full time

Job summary

A leading recruitment company seeks an Insurance Risk Engineer for its London office, offering a six-figure salary package. The role entails developing risk management strategies, negotiating contracts, and mentoring staff within the oil and gas sector. A degree in risk management and extensive industry experience are required.

Qualifications

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

Responsibilities

• Develop strategies to mitigate or transfer risk.
• Negotiate and administer insurance and reinsurance placement structures.
• Manage broker and insurer relationships.

Skills

Risk analysis

Contract negotiation

Insurance strategies

Mentorship

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, London

Client:

Kintec Global Recruitment

Location:

London, 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 in UK / Dubai / 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 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 from industry, international broking, risk management, or insurance companies, ideally with experience in the energy and petrochemical sectors.