Senior Insurance Risk Specialist
hace 3 semanas
We are seeking a highly skilled Senior Insurance Risk Specialist to join our team at LHR Americas. As a key member of our Financial Risk Management Department, you will be responsible for analyzing risk exposures, designing strategies, and procuring insurance to protect assets and mitigate liabilities.
Key Responsibilities:- Analyze risk exposures and design strategies to mitigate liabilities
- Procure insurance to protect assets and mitigate risks
- Develop and advise on risk and insurance policy and procedures
- Negotiate, implement, and administer insurance and reinsurance placement structures
- Bachelor's or Master's degree in insurance or risk management
- 12 years of experience in the oil & gas, petrochemical industry, or a major corporate organization
- Significant relevant corporate risk and insurance expertise
- Monthly base salary - aligned with company employees with similar skills
- Monthly over base - 25% of monthly base salary
- Benefits supplement - 20% of monthly base salary, increasing to 25% after 3 years, 30% after 6 years, and 35% after 12 years
- Severance package - 2 weeks' pay for each year of service, increasing to 4 weeks' pay after 6 years
- Employment tax - exemption from 'home country' income taxes
- Employee share purchase plan - maximum purchase equal to 10% monthly base pay with a cap
- Incentive plan - annual, based on performance, approx. 1.8x monthly base salary
- Travel allowance - annual, approx. $8,200 per household member 11+ years old residing in Saudi Arabia and $6,000 per household member under 11 years old
- Vacation and paid holidays - 38 vacation days, 4 travel days, and 11-13 paid holidays
- Medical and dental plan - complimentary in-Kingdom Johns Hopkins medical care/facilities for employees and eligible family members
- Education assistance plan - out-of-Kingdom assistance: 90% of expenses with a maximum per child, lesser of 5x monthly base salary or the company max ($48.5K), plus 3 round-trip economy air travel tickets
We are an equal opportunities employer and welcome applications from diverse candidates. If you are a motivated and experienced professional looking for a new challenge, please submit your application.
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