Oil & Gas Insurance Risk Specialist - Relocate to Saudi Arabia, Permanent Expat Relocation Package

Duties and 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.

Minimum Requirements

• 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.
• Minimum of 15 years’ experience in the oil & gas, petrochemical industry or a major corporate organization.
• A 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.

Work Location and Work Schedule

Work Location: Within Saudi Arabia – To be specified in Job offer
Work Schedule: Full Time - To be specified in Job offer

Job Post Duration

Job posting start date: 11/27/2025
Job posting end date: 12/31/2026