Risk & Insurance Manager, Energy

Shell; Greater London; On-site; GBP 70,000 - 90,000; Full time

Job summary

A leading global energy company is seeking a Risk Manager to join their Risk Management team in Group Treasury. You will provide expert advice on risk and insurance across all aspects of operations, supporting complex projects and business transactions. Candidates should possess extensive risk management experience, insurance market knowledge, and strong interpersonal skills. This role offers competitive salary, flexible working options, and opportunities for professional growth within a values-led culture.

Benefits

Flexible working hours

Paid parental leave

Wide range of training and development programmes

Qualifications

• Extensive experience in risk management and insurance, preferably in the energy sector.
• In-depth knowledge of insurance markets, products, underwriting, and claims processes.
• Proven track record in designing and implementing complex risk management strategies.

Responsibilities

• Provide risk management and insurance solutions to Shell businesses.
• Engagement with management on risk allocation in contracts.
• Design and implement insurance programs for capital projects.

Skills

Risk Management

Insurance Knowledge

Communication Skills

Negotiation Skills

Commercial Mindset

Education

University degree in Risk Management / Insurance

Job description

United Kingdom

Job Family Group

Finance

Worker Type

Regular

Posting Start Date

November 24, 2025

Business unit

Finance

Experience Level

Experienced Professionals

Job Description: What’s the role

This is a Risk Manager role in the Risk Management (RM) team in Group Treasury. The entire RM Team consists of 8 Risk & Insurance Managers and provides expert risk management and insurance advice across all business activities and segments of the Group globally.

The RM function in Treasury covers the identification, assessment, mitigation and financing of key hazard risks in the Group. It drives risk management and insurance solutions for the Group’s capital projects, provides advice on mergers, acquisitions and divestments, allocation of risks in contracts, supports the Group’s annual captive insurance programme and manages various external insurance solutions.

The team works closely with the Group Insurance Companies (captives) to deliver the Group’s Risk and Insurance (R&I) Strategy.

This role reports to the Head of Hazard Risk Management who leads the Risk Management Team in Treasury.

What you’ll be doing

In this role you will provide expert risk management and insurance advice and solutions to Shell businesses and Joint Ventures across all aspects of Shell's operations. As a Risk Manager and Insurance specialist, you will provide advice and support to complex projects, insurance placements and business transactions incl. M&A deals. You will also coach and mentor fellow risk managers, and act as the practice leader in key subject matter areas.

Your role will include :

• Development and implementation of risk management and insurance strategies for Shell companies and joint ventures across all of Shell’s businesses, including support in complex business transactions (e.g. mergers, acquisitions, and divestments).
• Design and implementing construction insurance programmes for large capital projects – including engagement / negotiation with joint venture partners and / or contractors.
• Understand business requirements and provide advice on the allocation of hazard risks in contracts (liability and insurance clauses) with joint venture partners, suppliers, contractors and customers.
• Proactive and timely engagement with senior management at joint venture shareholder level, contract boards, risk managers of other partners and contractors.
• Act as subject matter expert for assigned expertise area(s) and provide support and coaching to other risk managers in these areas.
• Work closely with the Group Insurance companies to deliver competitive insurance solutions to Shell businesses and joint ventures and optimize risk financing costs for the Group.
• Work closely with the team lead to maintain the wider community spirit and share best practices and learnings across the entire R&I team.

What you bring

We are keen to hear from candidates with the following :

• Extensive experience in risk management and insurance; in-depth knowledge of insurance markets, products, underwriting, and claims processes (ideally in the Energy sector)
• University degree and relevant qualifications in Risk Management / Insurance (e.g. ACII).
• Proven track record of successfully designing and implementing complex risk management strategies and insurance solution for clients.
• Understanding of liability concepts and strong experience in managing risks in contracts
• Excellent communication, negotiation, and interpersonal skills
• Strong commercial mindset with a focus on risk and value and a good track record of delivery.
• Track record of identifying and driving change with a focus on continuous improvement.
• Collaborative / constructive team mindset

What we offer

You bring your skills and experience to Shell and in return you work with talented, committed people on one of the most important challenges facing our planet. You’ll have the opportunity to develop the skills you need to grow in an environment where we value honesty, integrity, and respect for one another. You’ll be able to balance your priorities as you become the best version of yourself.

• Progress as a person as we work on the energy transition together.
• Continuously grow the transferable skills you need to get ahead.
• Work at the forefront of technology, trends, and practices.
• Collaborate with experienced colleagues with unique expertise.
• Achieve your balance in a values-led culture that encourages you to be the best version of yourself.
• Benefit from flexible working hours, and the possibility of remote / mobile working.
• Perform at your best with a competitive starting salary and annual performer-related salary increase – our pay and benefits packages are considered to be among the best in the world.
• Take advantage of paid parental leave, including for non-birthing parents.
• Join an organisation working to become one of the most diverse and inclusive in the world. We strongly encourage applicants of all genders, ages, ethnicities, cultures, abilities, sexual orientation, and life experiences to apply.
• Grow as you progress through diverse career opportunities in national and international teams.
• Gain access to a wide range of training and development programmes.

We are committed to attracting a broader and more diverse pool of candidates. If this position doesn’t feel like the perfect fit for your qualifications right now, we’d still love to hear from you. Consider creating a profile in our Talent Community so we can keep you in mind for future opportunities that may align with your skills.

Shell in The United Kingdom

Shell UK remains one of the North Sea’s biggest producers, supplying around 10% of the UK’s total oil and gas needs. But perhaps the most recognisable face of Shell in the UK is our network of over 1,000 Shell-branded service stations.

In the years ahead, as the UK looks to strengthen energy security and deliver its 2050 net-zero goal, Shell UK aims to play a crucial role. We aim to be a major investor in the UK energy system by helping our customers decarbonise with a focus on transport and industry.