Summary
Wataniya Insurance is hiring a Risk Engineer in Jeddah. The role assesses insured risks, conducts site surveys, prepares reports for underwriters, and advises clients on improvements to reduce future claims. The engineer also monitors compliance with risk recommendations and applicable regulations, and supports risk management strategies and service standards. Applicants need a bachelor's degree in engineering science and 4 to 6 years of relevant insurance experience; IFCE certification is required, while NEBOSH IGC, Cert CII, and Cert CILA are preferred.
The posting
As published on wataniya.com.sa. Pulled from the employer's site and shown as they wrote it.
The Risk Engineer Officer is responsible for analyzing and assessing various risks associated with the insurance company's operations and provide underwriters with information about how to reduce risk or whether insurance cover should be offered. The Risk Engineer will conduct risk assessments, develop risk management strategies, and provide recommendations to the company's management team. Additionally, the Risk Engineer will monitor and evaluate the effectiveness of existing risk management programs and make recommendations for improvements.
Job Responsibilities and Duties:
- Participate in developing, reviewing, and implementing department strategies.
- Implement department’s annual operation plan, and KPIs to ensure business continuity and achieve department’s target and company’s strategic objectives.
- Assess and evaluate risks by undertaking appropriate research.
- Carry out detailed site surveys, as well as writing and proofreading reports for underwriters.
- Make sure all insured locations that require survey reports are being surveyed and updated.
- Provide advice to clients and make recommendations to underwriters about required improvements.
- Maintain awareness of changes in legislation and trading processes.
- Allocate quality grades to the client once improvements have been completed.
- Develop the business and maintain the professional reputation of Wataniya with brokers and clients.
- Advise clients on-site and discuss opportunities and requirements to reduce the risk of future insurance claims.
- following-up with the insured and agent partners to ensure that they comply with the risk improvement recommendations.
- Maintain high customer satisfaction ratings that meet company standards.
- Proactively scope the technical solution required to address client’s requirements, assesses clients met and unmet needs, and recommends solutions that optimize value for both the client and Wataniya.
- Work with management to implement changes that will ensure maximum efficiency and quality while minimizing cost.
- Ensure that all documents provided by clients are valid, legal, and in compliance with regulatory requirements.
- Carry out fieldwork as needed.
- Perform other related duties as required and assigned by the Risk Engineering / Technical Manager.
- Administer and monitor Risk Engineering rules and guidelines, legal requirement and regulations.
- Respond to technical queries from different channels or refer them to the higher technical level.
- Arrange to generate necessary reports on timely and professional manner when required.
- Maintain timely service goals outlined in the Risk Engineering service standards of the Company.
Requirements
Educational Background and Certifications:
Bachelor’s degree in Engineering science.
IFCE Certified
NEBOSH IGC (preferred)
Cert CII or Cert CILA (preferred)
Experience:
Relevant years of experience in the field of Insurance, ranged of 4 to 6 years.