Expat Oil & Gas Insurance Risk Specialist – Relocation Paid

aramco; Houston (TX); On-site; USD 93,000 - 160,000; Full time

Job summary

Saudi Aramco is seeking an Oil & Gas Insurance Risk Specialist to join the Insurance Management & Advisory Division (IMAD) of Financial Risk Management (FRMD). The role focuses on analyzing risk exposures, designing strategies and procuring insurance to protect assets and mitigate liabilities for a growing company.

This expat position requires relocation to Saudi Arabia with an attractive relocation package.

Qualifications

• Bachelor's degree, preferably in insurance or risk management from a recognized and approved program.
• A professional certification such as ACII, CMIRM, SIRM, or CPCU is preferred.

Responsibilities

• Demonstrate excellent interpersonal and communication skills with the ability to establish personal credibility with various internal and external parties.
• Be flexible, team orientated, and able to work with minimum supervision to meet challenging deadlines and competent to plan and coordinate workloads for themselves and others.
• Add value by delivering work of the highest quality and be able to proactively overcome issues to ensure delivery.
• Possess good project management skills, a thorough understanding of contractual risk and be able to offer logical and innovative solutions to complex issues.
• Apply working knowledge of captive insurance companies.
• Develop strategy to mitigate or transfer risk.
• Analyze, critique and draft risk allocation, indemnity, insurance and other related contract provisions.
• Negotiate, implement and administer insurance and reinsurance placement structures (including optimal use of captive or alternative finance and transfer mechanisms).
• Develop and advise on the implementation of risk and insurance policy and procedures.
• Manage and coordinate broker, insurer, consultant and other service provider activities (including risk engineering and asset appraisals); Negotiate claims and pursue recovery from third parties).

Education

Bachelor's degree, preferably in insurance or risk management

Job description

Saudi Aramco is seeking an Oil & Gas Insurance Risk Specialist to join the Insurance Management & Advisory Division (IMAD) of Financial Risk Management (FRMD). The role focuses on analyzing risk exposures, designing strategies and procuring insurance to protect assets and mitigate liabilities for a growing company.

This expat position requires relocation to Saudi Arabia with an attractive relocation package.