Insurance Risk Engineer UK / Saudi / Dubai

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

Job summary

A leading recruitment firm seeks an Insurance Risk Engineer for a significant opportunity in Swindon. This senior role involves developing and implementing risk management strategies, negotiating insurance placements, and mentoring staff. Ideal candidates have extensive experience in the oil & gas sector, relevant degrees, and certifications.

Qualifications

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

Responsibilities

• Apply knowledge of captive insurance companies to develop risk strategies.
• Negotiate and implement insurance and reinsurance structures.
• Manage provider activities and negotiate claims.

Skills

Risk Analysis

Contract Negotiation

Mentoring

Education

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

Professional certification (ACII, CMIRM, SIRM, CPCU)

Job description

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Insurance Risk Engineer UK / Saudi / Dubai, Swindon, Wiltshire

Client:

Kintec Global Recruitment

Location:

Swindon, Wiltshire, United Kingdom

Job Category:

Other

EU work permit required:

Yes

Job Views:

4

Posted:

31.05.2025

Expiry Date:

15.07.2025

Job Description:

Six figure package available for experienced insurance risk professionals.

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 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 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.

Candidate Requirements

• Bachelor's or Master's degree, preferably in insurance or risk management from a recognized program. A professional certification such as ACII, CMIRM, SIRM, or CPCU is 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 background, ideally with experience in the energy and petrochemical sectors.