Job Description
• Manage insurance claims, ensuring timely coordination with internal departments and others
• Handle insurance matters related to lender requirements
• Oversee budgeting, reinsurance, and premium payments
• Support the development, procurement, maintenance, and optimization of the company’s insurance program
• Collaborate with brokers, insurers, reinsurers, loss adjusters, and lenders' insurance advisors
• Lead procurement processes for insurance providers, ensuring compliance with internal bidding procedures
• Work with insurance brokers and local insurers to fulfill policy requirements
• Calculate and review reinsurance premiums, bonuses, loss loads, and refunds
• Participate in insurance-related activities, including investment strategies
• Optimize insurance policies, coverage terms, and risk assessment strategies
• Prepare reports and ensure compliance with company policies and procedures
• Coach and mentor junior staff to enhance team capabilities
Job Requirements
• Insurance certificate or relevant qualification
• At least 10 years of experience in general insurance or insurance for large projects/energy sector
• Minimum 5 years in a management role within non-life insurance
• Strong knowledge of insurance products (PDBI, Marine, TPL, EIL, D&O, Cyber Risks), compliance, and risk management
• Understanding of lender’s insurance requirements and project finance terms
• Excellent English skills
• Proficiency in Microsoft Office applications