Deal with all insurance related administration including premium allocations, recharges, invoicing, adjustments, and policy documentation.
Manage the relationship with insurance brokers and other service providers as required, e.g., loss adjustors, including negotiating scope of service and terms and conditions, with Group Counsel and Chairman approval.
Manage the claims process for all types of insurance, referring to Group Counsel and Group Chairman where required.
Review contractual insurance obligations, provide guidance to the business, and ensure that appropriate coverage is place.
Conduct insurance due diligence for potential acquisitions, provide guidance on NewCo insurance programmes and pricing.
Manage the risk engineering process, liaising with site management.
Provide general insurable risk advice and expertise to the Group.
Conduct ad-hoc projects as required and approved to assist the Group to most effectively manage insurable risk.
Required Competencies & Technical Skills
Minimum on 10 years’ experience in the Insurance industry, must have energy experience.
Thorough understanding of oil and gas industry.
Understanding of global insurance markets across multiple lines (energy, property, marine, financial lines) and insurance programme design.
Understanding of non-traditional and alternative risk transfer arrangements.
Thorough knowledge of claims management and processes.
Relationship management and negotiation skills with third parties (brokers, insurers, loss adjustors) and internal stakeholders.
Ability to consider alternative programmes or schemes to mitigate ever-rising insurance premiums.
Ability to assimilate and evaluate information and present complex concepts to different business units and senior management / executives.
Financial / commercial awareness.
Benefits
Private pension scheme
Group Life Assurance and Group Income Protection Plan