Head of Corporate Insurance & Risk Management

Virtuous Advisors & Resources; Punjab; On-site; PKR 2,000,000 - 6,000,000; Full time

Job summary

Virtuous Advisors & Resources is seeking a Head Insurance to lead the Group's insurance portfolio and risk management framework across all assets, operations, and locations. The role works with leadership, insurers, brokers, and stakeholders to optimize coverage and minimize risk exposure.

Responsibilities include developing strategy, renewals, claims management, budgeting, MIS, and risk reporting. Candidates should have extensive corporate insurance experience, strong negotiation, and proven

Qualifications

• Professional certifications in Insurance, Risk Management, or related fields will be an advantage.
• Strong understanding of corporate insurance programs, risk assessment, and risk mitigation practices.
• Expertise in property, liability, marine, employee benefits, cyber, and specialty insurance products.
• Proven experience in insurance policy structuring, renewals, and claims management.
• Strong negotiation, analytical, and problem-solving skills.
• Excellent stakeholder management and cross-functional collaboration abilities.
• Proficiency in risk reporting, insurance analytics, and budgeting.
• Strong communication and presentation skills.

Responsibilities

• Develop and implement the Group's insurance and risk management strategy.
• Identify, assess, and mitigate operational, financial, asset, and logistics-related risks.
• Manage insurance programs covering property, fire, marine, transit, liability, employee benefits, cyber, D&O, and business interruption risks.
• Ensure adequate insurance coverage across all Group entities and business locations.
• Lead insurance policy renewals, negotiations, and placements with insurers and brokers.
• Drive effective claims management, including claim assessment, documentation, negotiations, and settlements.
• Conduct periodic risk assessments and recommend appropriate risk mitigation measures.
• Monitor insurance market trends and evaluate new products and coverage options.
• Ensure compliance with statutory, regulatory, and corporate governance requirements related to insurance.
• Prepare insurance budgets, monitor premium costs, and identify opportunities for optimization.
• Develop MIS, risk reports, and management presentations for senior leadership.
• Build and maintain strong relationships with insurance companies, brokers, surveyors, and consultants.

Skills

Negotiation

Analytical

Problem-solving

Stakeholder management

Cross-functional collaboration

Insurance analytics

Budgeting

Communication

Presentation skills

Education

Bachelor's/Master's degree in Commerce, Finance, Business Administration, Risk Management, Insurance, or related discipline

Job description

Virtuous Advisors & Resources is seeking a Head Insurance to lead the Group's insurance portfolio and risk management framework across all assets, operations, and locations. The role works with leadership, insurers, brokers, and stakeholders to optimize coverage and minimize risk exposure.

Responsibilities include developing strategy, renewals, claims management, budgeting, MIS, and risk reporting. Candidates should have extensive corporate insurance experience, strong negotiation, and proven