Risk Manager, Energy

Shell; City Of London; Hybrid; GBP 60,000 - 80,000; Full time

Job summary

A leading energy company is seeking an experienced Risk Manager to provide expert risk management and insurance solutions across its operations. Ideal candidates will have extensive experience in risk management, a university degree in the relevant field, and strong communication and negotiation skills. This position offers competitive compensation and flexibility in work arrangements.

Benefits

Flexible working hours

Paid parental leave

Training and development programmes

Qualifications

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

Responsibilities

• Provide expert risk management and insurance advice to Shell businesses.
• Develop and implement risk management strategies for projects.
• Act as subject matter expert and mentor fellow risk managers.

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: October 14, 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.

• 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

• 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

• 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.

Shell is an Equal Opportunity Employer.