Sr. Financial Analyst (Insurance)

Our Client operates in the Oil and Energy industry, with its headquarters rooted strongly in Saudi Arabia. It has its branches spread to more than 50 countries, providing employment to more than 68,500 people all over the world. They fall under the Fortune 500 Companies. They are one of the world’s largest oil producers. They are constantly growing by creating new technologies through its Research and Development efforts and branch into new business lines through Investments and Acquisitions.

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

Requirements :

• As the successful candidate, you will hold a 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.
• You will have a minimum of twelve years’ experience in the oil & gas, petrochemical industry or a major corporate organization. 
• You will 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.