Job Summary

The Insurance Manager is responsible for managing the full lifecycle of the company’s insurance portfolio to support the business’s large-scale projects and serve as the primary point of contact for all insurance related matters within the organization. This role ensures appropriate risk transfer strategies, compliance with insurance requirements, effective insurance claims management, and collaboration with stakeholders to mitigate potential financial impacts on the business.

Key Responsibilities

Insurance Program Management

• Develop and oversee insurance programs to protect the organization’s assets in construction and operations.
• Identify insurance needs based on project and company risks, ensuring compliance with industry and regulatory standards.
• Collaborate with brokers and insurers to obtain competitive pricing for construction and operational insurance.

Risk Assessment and Mitigation

• Work with the Risk and Compliance team to assess risks across projects.
• Advise on insurance solutions and risk strategies to minimize financial impacts.
• Regularly review ongoing projects and adjust insurance strategies as needed.

Claims Management

• Coordinate with internal stakeholders, legal counsel, insurers, and adjusters for timely claims resolution.
• Maintain claim documentation and track trends to refine future strategies.

Policy Compliance and Contractual Review

• Review tender insurance clauses to ensure compliance with contract and regulatory standards.
• Advise on insurance contract obligations and risk allocation with project teams.
• Ensure continuous policy compliance across all operations and projects.

Stakeholder Communication and Training

• Train project teams on insurance requirements and claims procedures.
• Provide regular updates to senior management on insurance status and potential risks.

Others

• Perform additional tasks as assigned by management (Gamuda HQ).

Qualifications

Bachelor’s degree in Finance, Business, Risk Management, or a related field. Professional certifications (e.g., ANZIIF, CIP) are advantageous.

Skills & Abilities

• Knowledge: Deep understanding of insurance policies related to construction and infrastructure.
• Skills:
  • Strong analytical and negotiation skills.
  • Excellent communication and interpersonal skills for effective stakeholder engagement.
  • Proficiency in contract review and interpretation.
  • Detail-oriented with strong organizational and multitasking abilities.
• Personal Attributes: Proactive problem-solver, collaborative, adaptable, and able to thrive in a high-paced environment.

Expected Minimum Years of Experience

At least 5-10 years experience in similar capacity.