Insurance Risk Specialist

2 weeks ago


Al Hufūf, Eastern Province, Saudi Arabia MatchaTalent Global Full time

We are seeking an Insurance Risk Specialist to join Insurance Management & Advisory Division (IMAD) of Financial Risk Management (FRMD).

IMAD is within Treasury and its function is to provide support across the Company through the identification, quantification and mitigation of casualty risks and to reduce the cost of insured and uninsured loss to the Company, its subsidiaries and affiliates.

The Insurance Risk Specialist will analyze risk exposures, design strategies and procure insurance to protect assets and mitigate the liabilities of a growing company.

The Insurance Risk Specialist will be involved in all aspects of the Division's wide-ranging activities.

Duties & Responsibilities:

You will be required to perform the following:

  • 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.
  • Develop strategy to mitigate or transfer risk.
  • 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.
  • Mentor and develop staff.
  • Represent the interests of the Division at internal and external meetings and assignments.

Benefits:


Our high-performing employees are drawn by the challenging and rewarding professional, technical and industrial opportunities we offer, and are remunerated accordingly.


Minimum Requirements:
Bachelors or Master'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. Minimum of fifteen years' experience in the oil & gas, petrochemical industry or a major corporate organization. Possess significant relevant corporate risk and insurance expertise obtained from industry, international broking, risk management or insurance company background and ideally with experience of the energy and petrochemical industry sector

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