company-logo-image

Senior Insurance Manager

Yinson
ashley-avatar-image

AI-generated summary

beta

This job is a Senior Insurance Manager role where you'll guide insurance strategies for diverse business areas. You might like this job because you'll mentor a team, collaborate on legal aspects, and enhance insurance arrangements globally!

Undisclosed

Kuala Lumpur, MY, Kuala Lumpur

Full-Time

1 week ago

Job Description

  • The candidate will be responsible for mentoring and managing the Group’s insurances across all Business Units, including Corporate, Offshore Production, Renewables, Green Technologies, and Marine. This includes the relevant corporate risk insurances, construction insurances, operational insurances, financing insurances, employee benefits insurance, and general insurances in relation to the relevant Business Units operating worldwide.
  • The candidate will be involved in the overall insurance program. This includes providing guidance and support to the team in negotiating insurance procurement and placement, and reviewing insurance terms and limits to ensure that the company obtains adequate, compliant, and cost-effective insurance arrangements, and that they are placed or renewed in a timely manner.
  • The candidate will collaborate with the project's legal counsel to review tender documents, due diligence insurance documents, contracts, and charter parties. He/she will actively participate in relevant meetings to address insurance risks and provide clarifications or solutions based on industry best practices.
  • The candidate will be responsible for the LCI departmental and the relevant Business Unit’s project budgets.
  • The candidate will provide support in identifying gaps in contractual terms to minimize risk exposures. They will also ensure that contractual obligations related to insurance are fulfilled and that any exceptions are appropriately highlighted.
  • The candidate is responsible for identifying new areas for improvement within the function.
  • The candidate will establish and nurture a high-achieving team while emphasizing ongoing development.
  • The candidate will maintain and cultivate relationships with internal and external stakeholders, particularly with key underwriters, Protection & Indemnity club, brokers, captive managers and etc.
  • The candidate will provide day-to-day support to stakeholders, clients, internal departments, subsidiaries, and associated companies regarding insurance matters or queries.
  • The candidate will provide support to the Head of Insurance and team members in relation to all insurance-related matters.
  • The candidate will be prepared to undertake any ad-hoc duties that may be required.

    • Job Requirements

  • A Law degree or professional certification in insurance or an equivalent qualification.
  • The ideal candidate should have a minimum of ten years of experience in insurance and risk management. They should possess the ability to work independently while also being an effective team player. Adaptability, proactiveness, excellent communication and interpersonal skills are essential qualities for this role.
  • Candidates with experience in Captive insurance is preferred. Experience in O&G (Oil and Gas) and/or Energy insurance will have an advantage.

    • Company Benefits

    Free Staff Meals

    Staff meals are provided during work-hours.

    Medical and Health Benefits

    Inpatient and Outpatient coverage for our employees, with added health coverage benefits.

    FlexiBenefits

    Choose your hybrid working days and FlexiHours!

    Additional Info

    Company Activity

    Last active - few hours ago

    Experience Level

    0 - 10 Years of Experience

    Job Specialisation

    Actuarial / Statistical Science, Financial Services & Banking, Management Trainee

    Company Profile

    Yinson-logo-image

    Yinson

    In 1984, Yinson was founded by Lim Han Weng as a humble transport and logistics company in Johor Bahru, Malaysia. The company name 'Yinson', which was derived from his mother's name, Yin, also translates to 'Cloud Rising' (云升) in Chinese as he dreamed that Yinson would rise as high as the clouds. Thanks to an unwavering commitment to excellent customer service and on-time delivery, the little company grew...