| Job Location | Riyadh, Saudi Arabia |
| Education | Not Mentioned |
| Salary | Not Mentioned |
| Industry | Business Consultancy Services |
| Functional Area | Not Mentioned |
We are currently seeking an experienced and detail-oriented Insurance & Risk Senior Specialist to join our team. As the Insurance & Risk Senior Specialist, you will be responsible for managing our companys insurance and risk programs to minimize exposure to loss and protect company assets. Working closely with various departments, you will assess risks, devise strategies to mitigate them, negotiate insurance contracts, and ensure compliance with regulatory requirements. The ideal candidate possesses in-depth knowledge of insurance and risk management principles, excellent analytical skills, and the ability to work collaboratively in a fast-paced environment.ResponsibilitiesDevelop and implement insurance strategies and risk management frameworks to identify, assess, and monitor potential risks and develop mitigation plansOversee the companys insurance policies, including property, liability, and workers compensation, to ensure adequate coverage at all timesManage relationships with insurance brokers and carriers, negotiate insurance premiums, terms, and conditions, and handle claims managementConduct risk assessments and collaborate with relevant stakeholders to develop risk mitigation strategies and implement appropriate control measuresStay up-to-date with industry trends, legislation, and regulatory requirements related to insurance and risk management practicesCollaborate with cross-functional teams to develop and implement comprehensive risk management programsConduct regular audits to assess the effectiveness of insurance and risk management programs, identify areas of improvement, and recommend appropriate corrective actions
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