Insurance Risk Engineer UK / Saudi / Dubai

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

Job summary

A leading consulting firm is seeking an Insurance Risk Engineer based in Worcester, UK, with opportunities in Dubai and Saudi Arabia. This role involves managing complex insurance strategies in the oil and gas sector, requiring significant experience in risk management. The ideal candidate will possess a degree in a relevant field and professional certifications, coupled with a robust background in corporate risk.

Qualifications

• Requires 15 years of experience in the oil & gas, petrochemical industry.
• Expertise in corporate risk and insurance in energy sectors is preferable.

Responsibilities

• Develop strategies to mitigate or transfer risk.
• Negotiate and implement insurance structures.
• Mentor and develop junior staff.

Skills

Risk Management

Negotiation

Strategic Development

Mentoring

Education

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

Professional certifications (ACII, CMIRM, SIRM, CPCU)

Job description

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Insurance Risk Engineer UK / Saudi / Dubai, Worcester

Client:

Kintec Global Recruitment

Location:

Worcester, 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.

Locations include 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 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 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 division at internal and external meetings and assignments.

Qualifications:

• Bachelor's or Master's degree 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.