Risk Engineer: Oil and Gas - Upstream

Zurich; City Of London; Hybrid; GBP 55,000 - 85,000; Part time

Job summary

A leading insurance firm in the UK is seeking an experienced Oil & Gas Risk Engineer to ensure risk engineering viability by delivering top-tier customer service and expertise. Candidates should possess a relevant engineering degree and experience in upstream operations. This role offers flexibility with part-time and remote options, competitive salary, and comprehensive employee benefits.

Benefits

12% defined non-contributory pension scheme

Annual company bonus

Private medical insurance

Additional holiday buying/selling options

Qualifications

• Chartered Engineer (CEng) status or working towards.
• Extensive industrial experience in upstream operations.
• Experience in wells or commissioning would be considered of interest.

Responsibilities

• Assess risk quality and estimating maximum loss potential.
• Carry out site-based risk engineering surveys.
• Support claims validation and investigation processes.

Skills

Risk assessment

Technical reporting

Customer service

Industry knowledge

Education

Bachelor’s/Master’s degree in engineering (Chemical/Mechanical preferred)

Job description

Working hours

This role is available on a part-time, job-share or full-time basis.

Salary

£55,000-£85,000 depending on experience plus car, plus allowances

Location

Home-Based, UK

Closing date for applications

31st October 2025

The opportunity

We have an exciting opportunity to work within our risk engineering business as an Oil & Gas Risk Engineer. You’ll be responsible for ensuring that all risk engineering is technically and commercially viable by providing first class customer service and ensuring that all risk engineering policies and standards are clearly defined and implemented.

You will be part of a team that provides expert resource to Zurich’s internal teams in underwriting and claims, to customers and to our global risk engineering network on Oil & Gas related Property, Business Interruption, Construction, Machinery Breakdown and Liability/Environmental issues.

This is a home-based position and will require travel to our London office and customer sites internationally.

Many of our employees work flexibly in a variety of different ways, including part-time, flexible hours, job share, an element of working from home or compressed hours. This is because we want the best people for our roles, and we recognise that sometimes those people aren’t available full-time. Please talk to us at interview about the flexibility you may need.

What will you be doing?

• To assist underwriters by assessing risk quality and estimating maximum loss potential for Property Damage, Business Interruption and Liability.
• To carry out site-based risk engineering surveys of worldwide production facilities, producing clear technical reports for internal or external distribution and providing customers with risk improvement recommendations.
• To assess broker submissions and survey reports to produce desk top risk assessments for other production facilities.
• To support claims validation and investigation processes.
• To provide thought leadership and technical insight on risk features of related industries, including lessons from losses.
• To be conversant with our full risk engineering proposition and to work with customers and brokers to identify and develop opportunities to deliver income generating risk engineering services.

What are we looking for?

• Bachelor’s/Master’s degree in engineering (Chemical/ Mechanical preferred).
• Chartered Engineer (CEng) status or working towards.
• Extensive industrial experience in upstream (exploration/production) operations. This should include operational experience of production, maintenance and plant integrity, technical support, etc.
• Experience in wells or commissioning would be considered of interest.Ability to produce concise and accurate technical reports in a timely manner.
• The ideal candidate will have existing knowledge of the insurance market and will have worked in customer facing roles to develop business propositions and deliver growth.

What will you get in return?

Everyone’s different. That’s why at Zurich we offer a wide range of employee benefits so our people can choose what fits them and their life. Our benefits provide real flexibility so our people can make considered choices and tailor their benefits throughout the year. Our benefits include 12% defined non-contributory pension scheme, annual company bonus, private medical insurance and the option to buy up to an additional 20 days or sell some of your holiday.

We’ve made a promise to each other and every employee; to focus on sustainable impact, to care about each other’s wellbeing, to use our diverse expertise to be curious and optimistic and to develop the skills needed for our future.

Who we are

At Zurich we aspire to be one of the most responsible and impactful businesses in the world and the best global insurer. Together we’re creating a brighter future for our customers, our people and our planet.

With over 55,000 employees in more than 170 countries, you’ll feel the support of being part of a strong and stable company who are long-standing player in the insurance industry.

We’ve an environment that places a real importance on our people’s wellbeing from a physical, mental, social and financial perspective. We work with our wellbeing partners and industry experts to provide the best advice and access to a wealth of lifestyle support. We’re also committed to continuous improvement and we offer access to a comprehensive range of training and development opportunities.

Our Culture

At Zurich, our sense of community is strong and we’re particularly passionate about diversity and inclusion, which we’ve won numerous awards for. We want our people to bring the whole of themselves to work and ensure everybody is made to feel welcome, regardless of their background, beliefs or culture. We want our employees to reflect the diversity of our customers, and so are committed to treating all of our applicants fairly and with respect, irrespective of their actual or assumed background, disability or any other protected characteristic.

We’re passionate about supporting employees to help others by getting involved in volunteering, charitable and community activity. Our charitable arm, Zurich Community Trust, is one of the longest-established corporate trusts in the UK. In that time, we’ve awarded grants and volunteered time to deserving causes in the UK valued at over £90 million.

So make a difference. Be challenged. Be inspired. Be supported, Love what you do. Work for us.