Insurance Risk Engineer UK / Saudi / Dubai

JR United Kingdom; Wakefield; On-site; GBP 70,000 - 120,000; Full time

Job summary

A leading company in the insurance sector is looking for an experienced Insurance Risk Engineer based in Wakefield. This role involves developing risk strategies, managing insurance placements, and mentoring staff. The position offers a competitive six-figure salary package and the opportunity to work across locations including Dubai and Saudi Arabia.

Qualifications

• 15 years of experience in oil & gas, petrochemical, or major corporate organization.
• Relevant corporate risk and insurance expertise from industry, international broking, or insurance backgrounds.

Responsibilities

• Apply working knowledge of captive insurance companies.
• Develop strategies to mitigate or transfer risk.
• Analyze and draft risk allocation and insurance provisions.

Skills

Risk management

Negotiation

Analytical skills

Mentorship

Education

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

ACII, CMIRM, SIRM, or CPCU certification

Job description

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Insurance Risk Engineer UK / Saudi / Dubai, Wakefield

Client: Kintec Global Recruitment

Location: Wakefield, 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:

This position offers a six-figure salary package in the 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 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.