Six figure
UK / Dubai / Saudi
Key Responsibilities
As the successful candidate you will be required to perform the following:
* 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.
* Mentor and develop staff.
* Represent the interests of the Division at internal and external meetings and assignments.
Minimum requirements
As a successful candidate you will hold the following:
* Bachelors or Masters 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.
* 15 years experience in the oil & gas, petrochemical industry or a major corporate organization.
* Have 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.