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Insurance Risk Specialist
hace 2 meses
Job Title: Insurance Risk Specialist
Job Summary:
LHR Américas is seeking an experienced Insurance Risk Specialist to join our team. As an Insurance Risk Specialist, you will be responsible for analyzing risk exposures, designing strategies, and procuring insurance to protect assets and mitigate liabilities for our client.
Key Responsibilities:
- Analyze risk exposures and design strategies to mitigate liabilities
- Procure insurance to protect assets and mitigate risks
- Develop and implement risk management plans
- Conduct regular risk assessments and provide recommendations for improvement
- Collaborate with cross-functional teams to identify and mitigate risks
- Stay up-to-date with industry trends and best practices in risk management
Requirements:
- Bachelor's or Master's degree in a relevant field, such as insurance or risk management
- 12 years of experience in the oil and gas, petrochemical industry, or a major corporate organization
- Significant relevant corporate risk and insurance expertise
- Professional certification, such as ACII, CMIRM, SIRM, or CPCU
Benefits:
- Competitive salary and benefits package
- Opportunity to work with a leading company in the energy industry
- Chance to develop and implement risk management plans
- Collaborative and dynamic work environment
What We Offer:
- Monthly Base Salary – aligned with company employees with similar skills
- Monthly Over base – 25% of your monthly base salary
- Benefits Supplement – 20% of your monthly base salary, after 3 years of service, reward increases to 25% of base, after 6 years 30% of base, and after 12 years 35% of base
- Severance Package (2-year vest period) – year 2 to 5: 2 week's pay for each year of service, Year 6+: 4 week's pay for each year after
- Employment Tax – if the employee chooses to separate themselves from their 'home country' for income tax purposes, most will not be required to pay 'home country' income taxes; the company will not report income to the 'home country' governments. Please check with your tax advisor for specifics relating to you
- Employee Share Purchase Plan (ESPP) (eligible after 12 months of service) – maximum purchase equal to 10% monthly base pay with a cap, 20% share discount
- Incentive Plan – annual; based on performance, approx. 1.8x monthly base salary
- Travel Allowance – annual; approx. $8,200 per household member 11+ years old residing in Saudi Arabia and $6,000 per household member under 11 years old
- Vacation & Paid Holidays – 38 vacation days / 4 travel days / 11-13 paid holidays
- Medical/Dental Plan – complimentary in-Kingdom Johns Hopkins medical care/facilities for employees and eligible family members. In-Kingdom dental services subsidized
- Educational Assistance Plan (EAP) – Out of Kingdom Assistance: 90% of expenses with a maximum per child, lesser of 5x monthly base salary or the company max ($48.5K), plus 3 round-trip economy air travel tickets; undergraduate college-age children get 2 round-trip economy air travel tickets; In Kingdom Assistance: 2x monthly base salary or the company max ($16.3K)
- Settling in Allowance – one-time payment; Family Status - 100% of monthly base salary; Single/Bachelor Status – 60% of monthly base salary
