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Analyst (Risk & Insurance)

Description:

The role holder is responsible to plan, implement and supervise Kahramaa’s insurance protection and policy.

Core Responsibilities:

  • Evaluates and identifies Kahramaa's corporate insurance requirements and makes appropriate recommendations to commensurate with the established policies and procedures
  • Implements approved insurance plans and coverage, ensuring savings on premiums and marked improvement in the quality of service provided by the Insurance companies
  • Identifies and evaluate risk factors, analyzes insurance coverage and premiums rates and suggests comprehensive cost-effective measures
  • Evaluates proposals received from the Insurance Companies for all types of insurance coverage, conducts cost benefits analysis and submits reports with recommendations
  • Processes and control all insurance claims ensuring that documents are complete and arranges prompt settlement of claims
  • Coordinates with all other departments for collection and completion of required information
  • Reconciles the monthly budgetary report for insurance premiums and offers explanations for any variances
  • Participates in special financial / accounting projects and performs other duties required within the field
  • Works in cooperation with Quality Assurance and Continual Improvement section on securing and maintain the ISO / Risk Management / ISMS certification
  • Carries out and ensures the compliance of all activities within the Department are in-line with Kahramaa health and safety regulations

    Self-Management Responsibilities:
  • Defines performance goals at the start of the year in discussion with the reporting manager and ensures that the goals are achieved during the course of the year
  • Identifies the training and development requirements for self and agrees on them with the reporting manager to ensure that the required trainings are arranged and attended
  • Keeps abreast of professional developments, new techniques and current issues through continued education and professional growth


Qualifications:

Bachelor’s degree or equivalent in Business/Statistics/Accounting/Finance, Master’s degree preferred

Category:

Administrative Jobs

Position:

Other

Department:

Finance Department

Posting Date:

26 . January . 2023




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