Head of Insurance

3 weeks ago

Muscat, Muscat, Oman Petroleum Development Oman Full time
About the Company

Petroleum Development Oman is the leading exploration and production company in the Sultanate of Oman. The Company delivers the majority of the country's crude oil production and natural gas supply.

Purpose of the Job
  1. To ensure that Shareholders' investments are protected through the entire life cycle of a project from construction to retirement of assets.
  2. To ensure that the company's insurance policies in respect of its assets, and liabilities are implemented through effective and efficient placement strategies and are managed in a cost-effective and sustainable insurance program over the long-term.
  3. To ensure claims recoveries are maximized through claims preparation and timely submission.
  4. To continuously improve PDO insurances/ claims and processes through process modification and innovation to ensure PDO's insurance program remains highly competitive with the broadest coverage available and implemented in a timely and efficient manner.
  5. To manage daily operations, including conflict resolution, and completion of ad-hoc tasks on time and without error.
  6. To manage one staff member, including coaching and training of staff.
Education & Experience
  1. Bachelor's degree in finance, commercial or other disciplines, such as Accounting, Economics, Business Management, or related fields.
  2. Minimum experience of 10 years in management of insurance portfolio, with a minimum of 2 years in an oil and gas organization.
  3. Membership of Chartered Insurance Institute (CII) or equivalent qualification is preferable.
  4. Familiar with insurance policy terms and conditions in international standards.
  5. Familiar in managing interfaces with external stakeholders, in particular with international reinsurance brokers.
Main Responsibilities
  1. Manage and lead all insurance activities for PDO, including presentations to Tender Board, placement of insurance covers in the market for all insurances, etc.
  2. Prepare PDO's complete insurance strategy to effectively and efficiently manage market conditions, underwriting capacities in the market, and upcoming risks (projects and assets).
  3. Plan, prepare and manage the insurance strategy for upcoming projects which are in the pipeline to ensure that projects are on time and fully covered by insurance.
  4. Plan, prepare and manage all of PDO's insurance renewals.
  5. Identify, assess, and mitigate insurable risks arising out of PDO's activities and provide risk mitigations/ solutions for protection of PDO's assets and liabilities.
  6. Ensure that Shareholder investments are protected and insured by transferring the major perils risk to financially sound insurers.
  7. Coordinate gathering of underwriting information and explaining to the insurers for their risks assessment.
  8. Handle all insurance claims data collection and liaising with loss adjuster and claims brokers.
  9. Be the first point of contact and the sole advisor to PDO's Finance leadership team for the management of PDO's insurance, PDO's insurance strategy and PDO's insurance risks.
  10. Demonstrate and communicate a solid understanding of PDO's insurance requirements to all external stakeholders, including but not limited to local insurance companies and international reinsurance brokers.
  11. Negotiate in PDO's best interest with any external stakeholders and ensure that PDO's objectives and interests are achieved.
  12. Establish/ improve procedures, policies, and guidelines, for example with regards to claims lodgment and administration.
  13. Develop best practices in the energy insurance market and benchmark with others in the industry to ensure a best-in-class insurance strategy and services for PDO.
  14. Manage one staff member, including on the job coaching and training.
Skills Required

Other Job Details

#J-18808-Ljbffr

  • Head of Corporate Banking

    14 hours ago

    Muscat, Muscat, Oman National Bank of Oman Full time

    Salary and BenefitsThe successful candidate will be offered a highly competitive salary package, including benefits such as health insurance, retirement plan, and opportunities for career growth.

  • Wellness Department Head

    5 days ago

    Muscat, Muscat, Oman Client of Bali Jobs Recruitment Full time

    About the Position:We are looking for a highly skilled Wellness Department Head to lead the operational and financial direction of our ultra-luxury resort's spa and wellness department. As a key member of our team, you will be responsible for guiding the spa team in providing exceptional guest experiences and maximizing opportunities and resources.Key...

  • Head of Wellness Operations

    5 days ago

    Muscat, Muscat, Oman Client of Bali Jobs Recruitment Full time

    About the Role:The Head of Wellness Operations will be responsible for guiding the operational and financial direction of the spa and wellness team, ensuring the complete viability of the business. This includes developing cohesive and productive goals for your department and establishing procedures to achieve them.Key Responsibilities:Maximize opportunities...

  • Head Of Department

    3 weeks ago

    Muscat, Muscat, Oman Mushawar UK Ltd Full time

    We are looking for a gynecologist/obstetrics consultant for the position of head of department in Muscat, Oman. It is a contract-based job for two years. Candidates who are willing to relocate to Muscat can apply for this job. The salary package is 3000 OMR (USD$7,792.20).OTHER BENEFITS:Incentives according to their revenue generation.Medical facilities for...

  • Head of Business Development

    14 hours ago

    Muscat, Muscat, Oman Dubai Holding Full time

    We are seeking a highly motivated Head of Business Development to join our team at Jumeirah Muscat Bay Resort. As a key member of the Sales team, you will be responsible for identifying and pursuing new business opportunities.About the Role:The successful candidate will be responsible for developing and implementing business strategies to drive revenue...

  • Senior / Head Waiter for Muscat

    3 weeks ago

    Muscat, Muscat, Oman Redford Recruiters Full time

    We are seeking a skilled Senior/Head Waiter for our prestigious client in Muscat, Oman. As a Senior/Head Waiter, you will oversee and manage the waitstaff, ensure smooth restaurant operations, and create a welcoming atmosphere for guests. Your leadership and attention to detail will play a crucial role in enhancing the guest experience, driving service...

  • Head of English

    3 weeks ago

    Muscat, Muscat, Oman Cheltenhammuscat Full time

    The OpportunityWe are seeking to appoint an inspiring Head of English to start in August 2025.The successful candidate will be able to make a significant contribution in leading our growing English Department and working with colleagues at Cheltenham Muscat to ensure we offer an exceptional education to our students. This is an excellent opportunity for an...

  • Head of Telebanking

    1 week ago

    Muscat, Muscat, Oman National Bank of Oman Full time

    Job Purpose:To develop a sustainable strategy for the long-term functioning of the Call Centre and oversee the daily running and management of the center through the effective use of resources. Set customer service targets and plan areas of improvement or development. Ensure that service levels are met, and calls are answered by staff within agreed time...

  • Administration Team Leader – HR Shared Services

    3 weeks ago

    Muscat, Muscat, Oman Al Futtaim Group Full time

    Administration Team Leader – HR Shared ServicesAdministration operates in a shared service environment, a central unit providing HR related services to a user base size of 10,000 Employees, Managers & HR Business Partners in Al-Futtaim. We currently have an opportunity for Administration Team Leader, based in Muscat. Reporting to the HR Country Head -...

  • Head Sommelier

    5 days ago

    Muscat, Muscat, Oman Client of Bali Jobs Recruitment Full time

    Bachelor of Hotel Management (Hotel Management)Nationality: Any NationalityVacancy: 1 VacancyJob DescriptionRequirements:A high school diploma or equivalent, with 1-3 years of restaurant management experience in a full-service outlet or a similar setting.3+ years of demonstrated sommelier experience.A Hospitality Management Degree or some college education...

  • Head of Customer Contact

    1 week ago

    Muscat, Muscat, Oman National Bank of Oman Full time

    About UsThe National Bank of Oman is a leading financial institution committed to delivering exceptional customer service and experiences. We strive to foster a culture of innovation, collaboration, and continuous improvement, empowering our employees to grow professionally and personally.

  • Call Centre Manager

    1 week ago

    Muscat, Muscat, Oman National Bank of Oman Full time

    BenefitsThe National Bank of Oman offers a range of benefits to support the well-being and career development of its employees. These include:Competitive salary package.Bonus structure aligned with individual and team performance.Comprehensive health insurance.Professional development opportunities.Flexible working arrangements.

  • Head of Business Department

    5 days ago

    Muscat, Muscat, Oman Cheltenhammuscat Full time

    About UsCheltenham Muscat is committed to providing high-quality education to students and has established itself as a leading school in Oman. We offer a range of benefits to our staff, including a competitive salary, a comprehensive benefits package, and opportunities for career progression.The Job DescriptionThis is an excellent opportunity for a strong...

  • Reservations Department Head

    6 days ago

    Muscat, Muscat, Oman Client of Bali Jobs Recruitment Full time

    About the RoleThe Hotel Reservation Manager is responsible for overseeing all aspects of hotel reservations, including booking and managing rooms, supervising staff, and maintaining relationships with clients. This role requires strong leadership skills and the ability to work independently.Main Responsibilities:Manage and coordinate all hotel...

  • Unit Head Corporate Banking

    18 hours ago

    Muscat, Muscat, Oman National Bank of Oman Full time

    Job Purpose:To contribute to the growth in volume and earnings of Bank's Corporate Banking business and ensuring a healthy Corporate Banking portfolio by guiding, mentoring the corporate banking team and originating, structuring and executing responsible client/bank relationships across various sectors in line with banks strategic objectives.Key Tasks and...

  • Head Chef

    1 week ago

    Muscat, Muscat, Oman Dubai Holding Full time

    Job OverviewAbout Jumeirah Group, a member of Dubai HoldingJumeirah Group has been making a distinguished impact on the global hospitality market for over two decades with its Stay Different brand promise.The group operates a world-class portfolio of 26 properties across the Middle East, Europe and Asia, employing over 8,000 colleagues from more than 106...

  • Unit Head Corporate Liabilities

    3 weeks ago

    Muscat, Muscat, Oman ahlibank Full time

    Role StatementThe Unit Head of Corporate Liabilities is responsible for developing and executing strategies to increase corporate deposits, expand the client portfolio, and maximize profitability for the bank. This role includes managing client relationships, driving business growth, innovating liability products, and leading the corporate liabilities team....

  • Gynecological Department Head

    1 week ago

    Muscat, Muscat, Oman Mushawar UK Ltd Full time

    We are seeking a highly experienced gynecologist to lead our department in Oman. The successful candidate will have at least 14 years of experience in obstetrics and gynecology, with expertise in laparoscopic surgery.Job DetailsThe position is a contract-based job for two years, offering a competitive salary package and excellent benefits. The ideal...

  • Commercial Banking Executive

    14 hours ago

    Muscat, Muscat, Oman National Bank of Oman Full time

    Required Skills and QualificationsTo be successful in this role, you will need:A first degree in Banking or Finance or the equivalent in an appropriate subject.A post graduate Management degree is desirable.At least 10 years of Banking experience, with at least 6 years in a senior position involving financial analysis & assessment of Corporate/ Industrial /...

  • Culinary Manager

    1 week ago

    Muscat, Muscat, Oman Dubai Holding Full time

    Role SummaryWe are seeking a skilled Head Chef to join our team at Jumeirah Muscat Bay Resort.The successful candidate will assist the Executive Sous Chef & Executive Chef in overseeing kitchen operations, ensuring the highest standards of quality, safety, and efficiency.Key ResponsibilitiesFoster a positive and productive team environment, promoting...