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Insurance Management Head

Insurance Management Head

Energy Development Corporation
10-12 Years
  • Posted 8 hours ago
  • Be among the first 10 applicants

Job Description

JOB SUMMARY:

  • Manages the establishment and implementation of an effective insurance program for the Company's insurable risks on commercially reasonable terms, as a key risk transfer tool and in accordance with EDC's risk management program;
  • Manages and reviews the expert advice provided on projects, contracts and other transactions as they relate to insurance, risks and related matters;
  • Oversees the implementation and administration of key insurance policies of the Company;
  • Manages the Company's insurance claims to ensure that claims are promptly notified, filed, documented, adjusted, settled and paid. This includes close coordination with internal resources as well as external parties such as the insurers, reinsurers, brokers, adjusters and consultants;
  • Oversees the annual risk surveys across all facilities that are conducted by the insurers risk surveyors.
  • Oversees the conduct of appropriate orientations and seminars, as needed, on insurance policies, terms and conditions and claims handling

QUALIFICATIONS:

  • Bachelor's degree, preferably in Finance, Accounting, Management, or Legal-related course
  • Minimum of 10 years of work experience related in insurance
  • Utilizes knowledge and understanding of market trends, customers, business processes, technology and organizational culture as they affect the business.
  • Knowledge of the business continuity management system and the ability to implement the various aspects of business continuity management across the various functions of the organization to ensure the company's resilience
  • Providing and analyzing figures, data and business results considering all their facets. Performing financial modeling projections, defining budgets and building strategic plans, on the basis of these analyses
  • Knowledge of risk management principles and tools

More Info

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Key Skills

Business continuity management system

Risk management principles and tools