Insurance Manager

The Manager - Insurance will be responsible for managing and optimizing the company’s insurance strategy, policies, and programs across all jurisdictions. This role requires extensive industry relations, experience in asset-heavy industries, and preferably previous experience in the data center industry. The position will act as the central coordinator for the UAE, OpCo, and International business.

Key Responsibilities:

Insurance Program Management:

• Develop, implement, and manage comprehensive insurance programs to protect the organization’s assets and mitigate risks.
• Evaluate and recommend appropriate coverage options, including property, liability, business interruption, and specialty insurance.

Industry Relations:

• Leverage existing industry relationships to negotiate favorable terms and premiums with brokers, carriers, and underwriters.
• Stay updated on industry trends, regulations, and emerging risks to ensure alignment with best practices.

Risk Assessment and Analysis:

• Conduct risk assessments for existing and new operations, projects, and assets.
• Collaborate with internal stakeholders to identify and mitigate potential risks, ensuring alignment with corporate objectives.

Claims Management:

• Oversee the claims process, ensuring timely and accurate filing, negotiation, and resolution.
• Serve as the primary point of contact for insurance carriers and adjusters.

Compliance and Reporting:

• Ensure compliance with regulatory and contractual insurance requirements.
• Prepare and present reports on insurance coverage, claims, and risk mitigation strategies to senior leadership.

Collaboration :

• Work closely with various departments, including finance, legal, and operations, to ensure comprehensive insurance coverage and risk management.

Qualifications :

• Extensive industry relations and experience in asset-heavy industries.
• Previous experience in the data center industry is an added advantage.
• Strong background in insurance strategy, risk management, and policy development.
• Proven ability to manage insurance programs and claims processes.
• Excellent communication and interpersonal skills.

Specific Qualifications/Certifications :

• Bachelor's degree in Finance, Business Administration, Risk Management, or a related field.
• Professional certifications such as Chartered Property Casualty Underwriter (CPCU), Associate in Risk Management (ARM), or Certified Insurance Counselor (CIC).
• Minimum of 10 years of experience in insurance management, with at least 5 years in a management role.
• In-depth knowledge of insurance regulations and compliance requirements.

Key Competencies:

• Strategic thinking with a focus on long-term risk mitigation.
• Ability to work collaboratively across functions and levels.
• Adaptability to a fast-paced and evolving business environment.
• High attention to detail and organizational skills.