SHF Design Engineering - Insurance Head

Head of Insurance / Insurance Head (18-25 yrs)

Role & Responsibilities:

- Group Insurance Strategy & Risk Financing : Develop and execute group-wide insurance strategy aligned with risk appetite, capital efficiency, and long-term business objectives.

- EPC Project Insurance Lifecycle : Oversee end-to-end insurance management across all EPC projects from bid stage to close-out, ensuring compliance with contractual and lender requirements.

- Claims Strategy & Recovery : Lead claims management and recovery strategies to maximise settlements and minimise financial impact, with regular reporting to senior leadership.

- Enterprise Risk Integration : Integrate insurance into the broader ERM framework, supporting risk registers, mitigation strategies, and board-level reporting.

- Governance & Compliance : Ensure full regulatory compliance across KSA, UAE, and GCC markets through robust governance frameworks and internal controls.

- Market & Partner Management : Manage relationships with brokers, insurers, and reinsurers, leading negotiations and selecting partners based on capability and strategic fit.

- Financial Oversight & Value Creation : Manage insurance budgets, optimise premium spend, and deliver risk-adjusted cost savings while protecting coverage quality.

- Digital & Emerging Risk Enablement : Identify and address emerging risks (cyber, climate, supply chain) and drive adoption of digital tools and analytics for enhanced risk visibility.

- Leadership & Capability Development : Build and lead a high-performing insurance function across project, corporate, claims, and analytics teams.

Preferred Candidate Profile:

- 15+ years of experience working in top capacities in Insurance & Risk domains, pertaining to the corporate world.

- Exposure with GCC Countries would be an added advantage.

- Very strong multiple stakeholder management skills mandatory.

- Working in EPC/ Oil & Gas / Manufacturing/ Power / Petrochemical sectors is a heavy plus.