Insurance Specialist (Risk Deputy Manager)

Talent Search Recruitment - Indonesia

Jakarta Pusat

On-site

IDR 468,720,000 - 691,920,000

Full time

14 days+

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Job summary

Talent Search Recruitment - Indonesia is seeking an Insurance Specialist (Risk Deputy Manager) to manage corporate insurance across multiple jurisdictions. You will oversee renewals, term negotiations, and claim handling, coordinating with finance and engineering teams.

The role requires 8–10 years in insurance within manufacturing, strong English, and expertise in risk assessment, budgeting, and due diligence for M&A projects.

Qualifications

  • Minimum 8–10 years of insurance experience in manufacturing, broker, or insurer.
  • Strong understanding of policy wordings and claims handling processes.
  • Experience with international insurance markets is advantageous.
  • Excellent verbal and written English communication and negotiation skills.
  • High attention to detail with analytical abilities.

Responsibilities

  • Support renewal and new placement of corporate insurance policies across jurisdictions worldwide.
  • Coordinate end-to-end placement, risk surveys, and asset valuations with finance and engineering teams.
  • Review policy wordings, identify coverage gaps, and negotiate terms and premiums with insurers/brokers.
  • Oversee major insurance claims with loss adjusters and internal stakeholders.
  • Support M&A activities with due diligence and coverage arrangements for new projects.
  • Prepare annual insurance budget and forecasts; analyze loss ratios and market trends.

Skills

Insurance management
Policy wordings
Negotiation
English communication
Risk assessment
Budgeting

Education

Bachelor's degree in risk management, finance or related field

Tools

Microsoft Office

Job description

Insurance Specialist (Risk Deputy Manager)
About the job Insurance Specialist (Risk Deputy Manager)

Key Responsibilities

Insurance Management

Support in the renewal and/or new placement of corporate insurance policies (such as Industrial All Risk, Marine, Liability, Construction All Risk, Credit, Medical etc) across the Group in various jurisdictions worldwide.

Manage the end-to-end insurance placement process including coordinating with division finance controller and plant engineering teams to arrange risk surveys and asset valuations for insurance purposes. Conduct detailed review of policy wordings, identify coverage gaps and negotiate for improved terms and premium rates with insurers and brokers.

Oversee and manage all major insurance claims. Coordinate with loss adjusters, insurers, brokers, and internal stakeholders to ensure timely notification, proper documentation, and optimal claim recovery.

Support M&A activities including insurance due diligence and arranging insurance coverage for new projects.

Prepare the annual insurance budget and forecasts. Compare terms and premiums among group companies and analyse loss ratios and market trends to improve renewal outcomes.

Key Interactions

Insurance Brokers, Insurance Companies, Business Finance/Accounting Team, Plant Engineering/Safety Team.

Experience

Minimum of 8-10 years of experience handling insurance in a manufacturing company or insurance broker or insurance companies.

Education

Bachelors degree in risk management, finance or a related field.

  • Strong understanding of policy wordings and claims handling processes.
  • Experience dealing with international insurance markets is an advantage.
  • Strong verbal and written communication skills in English.
  • High attention to detail with strong negotiation, communication and analytical skills.
  • IT Skills: Proficient in Microsoft Office (Excel, Word, PowerPoint, Outlook).
  • Proactive team player with ability to work independently.
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