
Head of Insurance
20 hours ago
Location: Muscat
Job Summary:The Head of Insurance will be responsible for managing the organization's entire insurance portfolio, ensuring adequate risk coverage across all business units, optimizing premiums, and handling insurance claims efficiently.
Qualifications & Skills:- Bachelor's degree in Finance, Insurance, Risk Management, or a related field.
- 7+ years of experience in corporate insurance management or risk consulting.
- Strong understanding of insurance products such as property, marine, liability, etc.
- Experience working with insurers, brokers, and claims investigators.
- Excellent negotiation, documentation, and analytical skills.
- Familiarity with legal and regulatory aspects of insurance in the GCC is desirable.
- Proficiency in Excel, EBP systems, and insurance management tools.
- Assess the company's insurance needs across assets, inventory, operations, and employees.
- Liaise with insurance brokers, underwriters, and providers for policy placements, renewals, endorsements, and premium negotiations.
- Maintain up-to-date records of all active insurance policies and ensure timely renewals.
- Handle and coordinate end-to-end insurance claims documentation, submission, follow-up, and settlement.
- Conduct periodic insurance audits to verify coverage adequacy and compliance with policy terms.
- Review contractual agreements to ensure appropriate risk transfer and insurance clauses.
- Provide management with regular updates on insurance costs, exposure analysis, and claims status.
- Monitor regulatory developments related to corporate insurance and ensure organizational compliance.
- Develop internal SOPs for insurance management and promote awareness across departments.
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