The Responsibilities associated with this position include:

Risk Management

• Identify the risk exposures of the company through:

• Discussions with relevant parties;
• Plant/risk surveys, if necessary;
• Analysis of losses incurred by the group and its units;
• Review and analysis of relevant company transactions, information databases and other sources of information.

• Measure and prioritize/rank the identified risk exposures either through quantitative or qualitative methods
• Develop/implement/update risk treatment methods such as risk retention and loss control / prevention programs, policies / guidelines, alternative risk transfer methods, etc.
• Identify appropriate risk financing techniques for those risks that cannot be retained, transferred or controlled
• Monitor and evaluate the effectiveness of risk management programs utilized.
• Develop and maintain a loss monitoring system, which shall include databases and report escalation procedures.
• Present and prepare report on the status of various exposures being faced by the Group including effectiveness of programs implemented and compliance by the various units.

Insurance/Claims Management

• Coordinate with the operating units to determine the appropriate insurance cover requirements of the company;
• Administer/manage loss and claim activities to maximize recoveries from insurers at the most efficient time;
• Analyze and periodically review all insurance policies and endorsements for further enhancements in coverage terms and conditions
• Prepare periodic loss reports.

Other Related Tasks

• Abide by and perform to the best of his abilities all functions, duties and responsibilities to be assigned by the Company in due course.
• Assist in the implementation of Integrated Management Systems (Quality, Occupational Health and Safety, Environmental, and Asset) and compliance to regulatory requirements
• Participate in the different programs of the organization
• Comply with the orders and instructions given from time to time by the Company through its authorized representatives
• Perform any other administrative or non-administrative duties assigned by an authorized representative of the Company from time to time either through direct written order or by oral assignment.

Position Requirements

Skills:

• Experienced in risk management-related functions, including insurance program and claims management
• Good communication skills – both oral and written
• Excellent negotiation skills
• Minimum 1 year experience in the insurance or related field especially in administering claims and insurance programs
• Ability to work under extreme pressure

Experience:

• Risk management, insurance and claims management
• Exposure in power plant operation (preferred)

Education:

• Bachelor’s Degree in Mechanical or Electrical Engineering (licensed engineer preferred but not required)

Please refer to job description.