Insurance Risk Engineer UK / Saudi / Dubai

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

Job summary

A leading company is seeking an Insurance Risk Engineer to develop and implement risk management strategies. This role offers competitive six-figure salary opportunities across the UK, Dubai, and Saudi Arabia. Key responsibilities include negotiating insurance placements, analyzing risk allocation, and managing relationships with brokers and insurers.

Qualifications

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

Responsibilities

• Develop strategies to mitigate or transfer risk.
• Negotiate and manage insurance and reinsurance placement structures.
• Mentor and develop staff.

Skills

Risk Allocation

Negotiation

Risk Assessment

Mentorship

Education

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

Professional Certifications (ACII, CMIRM, SIRM, CPCU)

Job description

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Insurance Risk Engineer UK / Saudi / Dubai, Plymouth

Client: Kintec Global Recruitment

Location: Plymouth, United Kingdom

Job Category: Other

EU work permit required: Yes

Job Views:

7

Posted:

09.06.2025

Expiry Date:

24.07.2025

Job Description:

This role offers a six-figure salary package across the 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 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 obtained from industry, international broking, risk management, or insurance company backgrounds, ideally with experience in the energy and petrochemical sectors.