Vice President – Insurance

• Ensure the efficient operation of the insurance function to support internal stakeholders across the organization.
• Independently assess risks and develop risk transfer strategies through contractual and insurance solutions.
• Assist in devising and implementing insurance renewal strategies to optimize coverage and cost efficiency.
• Manage the full insurance program lifecycle, including strategy development, data collection, policy placement, negotiations, and documentation.
• Oversee the claims management process, including recording, advising, monitoring, and closure.
• Conduct risk assessments and determine appropriate indemnity limits in contracts in line with internal guidelines.
• Review, negotiate, and draft indemnity clauses and insurance provisions throughout the contract lifecycle.
• Provide advisory support during the full contract lifecycle (tendering to closure), including negotiations and issue resolution.
• Advise business units on insurance-related matters across various functions.
• Liaise and manage relationships with internal stakeholders, brokers, insurers, loss adjusters, and surveyors.
• Ensure timely renewal and adjustment of insurance policies at optimized premiums.
• Manage insurance budgets and oversee premium payments.

• Minimum 10+ years of insurance experience.
• At least 3+ years with an insurance broker, insurance company, real estate developer, or large corporate organization, preferably within the MENA region.
• Minimum 4+ years of managerial experience.

• Strong experience in general insurance lines, particularly property and liability insurance.

• Strong understanding of risk assessment and risk quantification.
• Hands-on experience managing various general insurance lines.
• Knowledge of contract law and indemnity provisions.
• Strong negotiation, decision-making, and stakeholder management skills.
• Ability to work independently and manage complex insurance programs.

• Bachelors degree in Finance, Accounting, Business, Law, or related field.
• Professional insurance certification such as ACII, CPCU, or equivalent preferred.

TalentsTide