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Explore Location
Hays
Dubai, United Arab Emirates
(on-site)
Job Function
Accounting/Finance
VP - Insurance
The insights provided are generated by AI and may contain inaccuracies. Please independently verify any critical information before relying on it.
VP - Insurance
The insights provided are generated by AI and may contain inaccuracies. Please independently verify any critical information before relying on it.
Description
Your new companyTo design and manage all corporate and employee insurable risk through cost-effective techniques in insurance, risk management, contract management and claims recovery.
Your new role
• Defines and recommends corporate policies on all matters relating to insurable risk, ensuring alignment with company objectives.
• Identifies and evaluates the company's system-wide risks and exposures arising from company operations, recommending and implementing appropriate risk management strategies.
• Negotiates and secures all insurance contracts, ensuring provisions are in the best interest of the company and its employees.
• Oversees and manages any mid-term changes and amendments to the insurance contracts.
• Evaluates (in consultation with the Legal department) the impact of international legal conventions, protocols, national legislation, acts, and statutes on the exposures of the company, taking remedial action based on the outcomes.
• Manages corporate claims and assists with employee benefit insurance, including conducting investigations, making recommendations, recovery actions and business continuity.
• Manages the insurance Contract Risk Management on all contracts entered by the company to ensure proper risk mitigation.
• Maintains and manages the Crisis Response Plan on a departmental basis as part of a wider company response framework.
• Builds and maintains relationships with key insurance stakeholders, including brokers, insurers, lawyers, and loss adjusters for the benefit of the company.
• Manage and optimises the corporate insurance budget, ensuring accurate invoicing and efficient management of recoverable amounts to maximise financial performance and align with strategic objectives.
• Provides internal and market intelligence on best practice, trends, claims movements and their impact on the company for enhanced decision-making.
• Evaluates all existing processes and current insurance products, making recommendations as required and acts as subject-matter expert on all insurance-related matters.
• Manages ad hoc insurance projects as required by the company.
What you'll need to succeed
• Bachelor's Degree
• Fluent in English
• Leadership experience in Insurance
• Years with qualifications: 15+ years
• Specialised courses in Aviation
What you'll get in return
- Schooling
- Discounted flight tickets
- Bonus
If you're interested in this role, click 'apply now' to forward an up-to-date copy of your CV, or call us now.
If this job isn't quite right for you, but you are looking for a new position, please contact us for a confidential discussion about your career.
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Job ID: 80249287
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