Senior Specialist, Insurance📣 Job Ad

About the Role

CEER is seeking a Senior Specialist, Insurance to join its Treasury and Funding team in Riyadh, Saudi Arabia. This role is essential for managing the company's insurance requirements, ensuring adequate coverage, and mitigating associated risks. The Senior Specialist will contribute to the organization's risk mitigation and business continuity efforts through various insurance-related activities.

Key Responsibilities

• Support the analysis of CEER's insurance needs across all relevant insurance types and other areas, including data collection and validation.
• Conduct market research and benchmarking to stay informed about insurance products, emerging trends, and provider offerings.
• Assist in preparing documentation for insurance placements, renewals, and policy updates, coordinating with brokers and service providers for quotes and proposal reviews.
• Develop detailed comparison sheets and draft preliminary recommendations for management.
• Collaborate with internal departments to gather risk-related information requiring insurance coverage and address other insurance-related matters.
• Support the identification and escalation of operational or compliance gaps, and monitor adherence to insurance policies and internal procedures.
• Coordinate the submission of claim-related documents and follow up with insurers and internal teams for timely claim processing and resolution.
• Assist in the implementation of risk management and business continuity processes.
• Maintain accurate and up-to-date insurance records, databases, and tracking repositories.
• Provide support to the wider Treasury department on credit risk management tasks.

Qualifications and Requirements

• A Bachelor's Degree in Finance, Accounting, Economics, Insurance, Risk Management, or an equivalent field.
• A minimum of 2-5 years of experience in a relevant field.

Required Skills

• Insurance
• Risk Management
• Business Continuity
• Data Analysis
• Market Research
• Documentation
• Stakeholder Coordination
• Claims Processing

Work Environment and Location

This is a full-time position based in Riyadh, Saudi Arabia. The role is part of the Treasury and Funding team.