Insurance Risk Engineer UK / Saudi / Dubai

JR United Kingdom; Watford; On-site; GBP 80,000 - 120,000; Full time

Job summary

A leading company is seeking an experienced Insurance Risk Engineer based in Watford, UK, with opportunities in Saudi Arabia and Dubai. The role involves developing risk strategies, analyzing contracts, and mentoring staff. Ideal candidates will have extensive experience in the oil & gas sector and hold relevant degrees and certifications.

Qualifications

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

Responsibilities

• Develop strategies to mitigate or transfer risk.
• Analyze and draft risk allocation, indemnity, insurance, and related contract provisions.
• Manage activities with brokers, insurers, and consultants.

Skills

Risk analysis

Negotiation

Mentorship

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, Watford, Hertfordshire

Client: Kintec Global Recruitment

Location: Watford, Hertfordshire, United Kingdom

Job Category: Other

EU work permit required: Yes

Job Views:

6

Posted:

06.06.2025

Job Description:

Six figure salary opportunity 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. 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 backgrounds, ideally with experience in the energy and petrochemical sectors.