Risk Manager, Energy

Shell plc; City Of London; Hybrid; GBP 70,000 - 90,000; Full time

Job summary

A leading global energy company is seeking a Risk Manager to provide expert advice on risk and insurance solutions across their operations. This role involves developing risk strategies, supporting business transactions, and engaging with senior management. Candidates should have extensive experience in risk management, a degree in Risk Management or Insurance, and strong communication skills. The company offers a competitive salary and comprehensive benefits, fostering a culture of integrity and respect.

Benefits

Flexible working hours

Paid parental leave

Access to training and development programs

Qualifications

• Extensive experience in risk management and insurance, ideally in the Energy sector.
• Proven track record of designing and implementing risk management strategies.
• Strong experience in managing risks in contracts.

Responsibilities

• Develop and implement risk management and insurance strategies.
• Provide advice on hazard risks in contracts.
• Engage with senior management at joint venture levels.

Skills

Risk management expertise

Insurance market knowledge

Excellent communication skills

Negotiation skills

Commercial mindset

Education

University degree in Risk Management/Insurance

ACII qualification

Job description

United Kingdom

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.

• 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 performancerelated 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.

Shell is an Equal Opportunity Employer.