Corporate Insurance Coordinator RAK CERAMICS PJSC

Strategy & Business Development

• Develop and implement the overall insurance strategy in line with company objectives

• Identify opportunities for product development and new business initiatives

• Analyze market trends, insurer offerings, and competitor activity

• Manage insurance budgets, forecasts, and performance metrics

Insurance Program Management

• Design, implement, and manage comprehensive insurance and risk management programs

• Coordinate with internal stakeholders (HR, Legal, Finance, Sales, Operations) and insurance brokers to ensure adequate coverage

• Review insurance policies, endorsements, and related documentation to ensure full and appropriate coverage

• Ensure all insurance requirements align with organizational goals and contractual obligations

• Oversee the governance, administration, performance, and delivery of insurance services across the Group

• Optimize cost, efficiency, and value while adhering to approved budgets and targets

Claims Management

• Manage and oversee insurance claims with brokers and insurers to ensure timely and effective resolution

• Work closely with internal stakeholders and insurers to assess claims and minimize financial exposure

• Ensure claims are redirected to service providers where applicable and contractual terms are clear

• Lead negotiations with insurers to maximize recoveries and resolve disputes

Risk Assessment & Mitigation

• Conduct risk assessments for new and existing policies to identify coverage gaps

• Recommend risk mitigation measures through policy structuring, insurance solutions, and contract terms

• Participate in enterprise risk reviews to ensure integration of insurance into risk management frameworks

Stakeholder & Relationship Management

• Maintain strong relationships with insurance brokers, insurers, underwriters, and reinsurers (local and international)

• Collaborate closely with internal teams to ensure alignment on insurance needs

• Monitor and review insurance programs across the portfolio

Compliance, Reporting & Contracts

• Ensure compliance with regulatory requirements, mandates, and internal risk policies

• Maintain accurate records of insurance policies, claims, and correspondence

• Prepare regular reports on insurance coverage, claims status, and risk exposure for senior management and the Board

• Review and negotiate insurance provisions in project and commercial contracts

• Ensure insurance coverage meets project finance and contractual requirements

Types of Insurance Managed

• Property Insurance

• Land Transit

• Political Violence

• Comprehensive General Liability

• Money Insurance

• Fidelity Insurance

• Contractors Plant & Machinery

• Erection All Risk

• Hotel Policy

• Group Medical Insurance

• Group Life Insurance & Workmen’s Compensation

• Employers’ Liability

• Charter Liability

• Marine Open Cover

• Motor Fleet Insurance

• Directors & Officers (D&O) Liability