Insurance Risk Engineer UK / Saudi / Dubai

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

Job summary

A leading recruitment firm seeks an Insurance Risk Engineer for opportunities in the UK, Dubai, or Saudi Arabia. The role involves developing risk strategies, managing insurance placements, and mentoring staff, primarily in the oil & gas sector. Candidates should possess significant experience and relevant academic qualifications in insurance or risk management.

Qualifications

• 15 years of experience in oil & gas or petrochemical.
• Relevant risk and insurance expertise from industry.
• Experience in corporate organizations.

Responsibilities

• Develop strategies to mitigate or transfer risk.
• Negotiate and implement insurance placement structures.
• Mentor and develop staff in risk management processes.

Skills

Risk Analysis

Negotiation

Mentoring

Education

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

ACII certification

CMIRM certification

SIRM certification

CPCU certification

Job description

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Insurance Risk Engineer UK / Saudi / Dubai, Northampton

Client: Kintec Global Recruitment

Location: Northampton, United Kingdom

Job Category: Other

EU work permit required: Yes

Job Views:

7

Posted:

06.06.2025

Expiry Date:

21.07.2025

Job Description:

This role offers a six-figure salary and is 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 other related contract provisions.
• Negotiate, implement, and administer insurance and reinsurance placement structures, including the 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 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 company backgrounds, ideally with experience in the energy and petrochemical sectors.