The candidate will be responsible for mentoring and managing the Group's insurances
across all Business Units. This includes the relevant corporate risk insurances, construction insurances, operational insurances, financing insurances, employee benefits insurance, and general insurances in relation to the relevant Business Units operating worldwide. * The candidate will be involved in the overall insurance program. This includes providing guidance and support to the team in negotiating insurance procurement and placement, and reviewing insurance terms and limits to ensure that the company obtains adequate, compliant, and cost-effective insurance arrangements, and that they are placed or renewed in a timely manner. * The candidate will collaborate with the project's legal counsel to review tender documents, due diligence insurance documents, contracts, and charter parties. He/she will actively participate in relevant meetings to address insurance risks and provide clarifications or solutions based on industry best practices. * The candidate will be responsible for the LCI (Legal, Compliance and Insurance) departmental and the relevant Business Unit's project budgets.
The candidate will provide support in identifying gaps in contractual terms to minimize
risk exposures. They will also ensure that contractual obligations related to insurance are fulfilled and that any exceptions are appropriately highlighted. * The candidate is responsible for identifying new areas for improvement within the function. * The candidate will establish and nurture a high-achieving team while emphasizing ongoing development. * The candidate will maintain and cultivate relationships with internal and external stakeholders, particularly with key underwriters, Protection & Indemnity club, brokers, captive managers and etc. * The candidate will provide day-to-day support to stakeholders, clients, internal departments, subsidiaries, and associated companies regarding insurance matters or queries. * The candidate will provide support to the Head of Insurance and team members in relation to all insurance-related matters. Requirements
A law degree or professional certification in insurance or an equivalent qualification.
Ideally at least 10 years of experience in insurance and risk management.
Experience in O&G, energy, and marine insurance will be an advantage.