Insurance Key Account Manager

Job title: Insurance Key Account Manager

Location: Ras Al Khaimah

Contract length: 12 months

Job Purpose

To oversee and manage the organization's corporate insurance programs, ensuring that company assets, vehicles, employees, and construction projects are adequately protected through appropriate insurance coverage while maintaining cost-effective insurance solutions and efficient claims management.

Key Responsibilities

1. Insurance Portfolio Management

• Manage the organization's full insurance portfolio including property, motor fleet, health, and construction-related insurance policies.

2. Asset Insurance Administration

• Ensure all company assets, including buildings, mechanical and electrical systems, IT assets, and furniture, are properly insured under the Property All Risk insurance program.

3. Motor Insurance Management

• Oversee insurance coverage for the organization's vehicle fleet and coordinate accident claims and insurance recoveries.

4. Health Insurance Coordination

• Support HR in managing employee health insurance programs, including policy renewals and benefits administration.

5. Construction Insurance Oversight

• Ensure appropriate Contractors All Risk and Professional Indemnity insurance coverage is maintained for construction and infrastructure projects.

6. Claims Administration

• Lead the insurance claims process, ensuring prompt reporting, documentation, and efficient claim settlement.

7. Risk Advisory

• Provide recommendations to management on insurance risk exposure and opportunities to improve coverage.

8. Stakeholder Coordination

• Act as the primary liaison between insurance providers, brokers, internal departments, contractors, and consultants.

Communications & Working Relationships

Internal

• Finance and Accounting
• Human Resources
• Facilities / Operations
• Project and Construction teams

External

• Insurance providers
• Insurance brokers
• Contractors and consultants
• Regulatory or service providers where applicable

Qualifications, Experience & Skills

Educational Qualifications

• Bachelor's degree in Business Administration, Finance, Risk Management, or a related field.

Professional Qualifications (preferred but not mandatory)

• Insurance or risk management certifications are an advantage.

Experience

• 26 years of experience in corporate insurance administration or risk management.
• Experience managing asset portfolios and multi-line insurance programs is preferred.