Chief Insurance Strategist

2 days ago


Muscat, Muscat, Oman Petroleum Development Oman Full time
Job Description:

The Chief Insurance Strategist will lead all insurance activities for PDO, ensuring the effective management of market conditions, underwriting capacities, and upcoming risks. The role involves planning, preparing, and managing insurance strategies for ongoing projects and asset renewals. Additionally, the successful candidate will identify, assess, and mitigate insurable risks arising from PDO's activities. This includes transferring major perils risk to financially sound insurers, coordinating underwriting information, and handling insurance claims data collection.

The ideal 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 preferable. The ability to communicate effectively with external stakeholders, particularly international reinsurance brokers, is essential.

This role requires strong analytical skills, attention to detail, and the ability to work independently. The Chief Insurance Strategist will be responsible for establishing procedures, policies, and guidelines for claims lodgment and administration. Regular benchmarking with industry peers is necessary to ensure a best-in-class insurance strategy and services for PDO.
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