Insurance Risk Engineer UK / Saudi / Dubai

JR United Kingdom; Woking; On-site; GBP 100,000 - 130,000; Full time

Job summary

A leading company in the insurance sector is seeking an Insurance Risk Engineer to manage risk and insurance strategies. This high-level role involves analyzing risks, developing insurance policies, and collaborating with brokers and consultants, requiring extensive experience in the oil & gas or petrochemical industry.

Qualifications

• 15 years of experience in the oil & gas or petrochemical industry.
• Extensive knowledge in corporate risk management.
• Industry experience in energy and petrochemical sectors preferred.

Responsibilities

• Develop strategies to mitigate or transfer risk.
• Analyze and draft insurance contract provisions.
• Manage activities with brokers and negotiate claims.

Skills

Risk analysis

Contract negotiation

Strategic development

Mentoring

Education

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

Certifications (ACII, CMIRM, SIRM, CPCU)

Job description

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Insurance Risk Engineer UK / Saudi / Dubai, Woking

Client:

Kintec Global Recruitment

Location:

Woking, United Kingdom

Job Category:

Other

EU work permit required:

Yes

Job Views:

6

Posted:

06.06.2025

Expiry Date:

21.07.2025

Job Description:

This role offers a six-figure salary package.

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 gained from industry, international broking, risk management, or insurance company backgrounds, ideally with experience in the energy and petrochemical sectors.