Insurance Portfolio Manager

3 days ago


Muscat, Muscat, Oman Petroleum Development Oman Full time
Key Responsibilities:

The Insurance Portfolio Manager will be responsible for managing and leading all insurance activities for PDO. This includes developing and implementing insurance strategies to effectively manage market conditions, underwriting capacities, and upcoming risks. The role also involves planning, preparing, and managing insurance strategies for ongoing projects and asset renewals, as well as identifying, assessing, and mitigating insurable risks arising from PDO's activities.

The successful candidate will have a bachelor's degree in finance or a related field, with a minimum of 10 years' experience in managing an insurance portfolio. Membership of the Chartered Insurance Institute (CII) or equivalent qualification is desirable. Strong communication skills are essential for this role, particularly when interacting with external stakeholders such as international reinsurance brokers.

Day-to-day responsibilities include coordinating underwriting information, handling insurance claims data collection, and establishing procedures, policies, and guidelines for claims lodgment and administration. Regular benchmarking with industry peers is necessary to maintain a best-in-class insurance strategy and services for PDO.

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