Senior Insurance Risk Specialist

Job Title: Senior Insurance Risk Specialist

Posting Date: 29 Sept 2025

Requisition ID: 3226

Company: NAWAH (ENEC Operations)

Location: HQ - Abu Dhabi

Posting Status: Active Recruitment

Job Purpose

To initiate and co-ordinate all insurance policies and ensure that the various assets carry adequate insurance coverage in accordance with Enterprise policy stander.

Key Activities, Responsibility & Accountability

Corporation wide risk insurance strategies

Responsibilities And Accountabilities:

• Assist Head of Insurance with risk financing strategies and self-insured retention strategies (Uninsured and deductibles) to ensure alignment with the finance objectives.
• Coordinate with insurers for Risk management Survey of the main assets and new major projects and implementation of the Risk Improvement Recommendations.
• Ensure compliance with Enterprise regulatory and legal requirements including its commitments under the Power Purchase Agreement and Common Terms Agreement.
  
  

• Research and review available covers premium quotations and provides analysis on cover and price to ensure that the best optimum quotation is awarded, review contract wording and to renew the authorized covers
• Assist with the implementation of solutions and business benefits to ensure continuity of operations
• Record the claims, inform the insurer of the claims within the approved time frame and follow up the claims with the insurer.
  
  

• Develop reports on costs v budgets, and review invoices and pass for authorization to the Head of Insurance with all required supporting documents to ensure that all the insurance elements are accounted for in the budget.
• Track and review the premiums paid to ensure alignment with the agreed upon contracts.
  
  

• Assist Head of Insurance in reviewing and negotiating insurance policies terms and conditions with the insurance companies, brokers and consultant.
  
  

• Diploma of charted insurance institute UK or Associate member of Indian Insurance Institute (AIII), or Chartered Insurance Institute (CII) qualifications (Cert CII) or equivalent.
  
  

• Adanced Diploma in Insurance of the Charted Institute of UK (ACII) or Chartered Property Casualty Underwriter (CPCU).
  
  

• Bachelor’s degree in business administration, finance, insurance, law, or any other relevant discipline.
  
  

• 10 years relevant experience preferably in UAE insurance market.
  
  

• Strong background in liability and financial lines risk assessment and underwriting.
• Experience in property, causality and other general lines in risk assessment and underwriting.
  
  

• Fluent and professional in English (reading, writing, and speaking)