Specialist Insurance

Oman Investment Authority

Main tasks and responsibilities

Insurance Strategy and Optimization Assist in gathering insurance-related data and preparing reports to support annual renewal processes.

Help compile budget information for insurance requirements across entities, ensuring timely submission and accuracy.

Renewal/Placement Management Assist in collecting and organizing insurance policy data to support renewal and placement activities for OQ assets.

Help prepare documentation for tenders, including compiling evaluation inputs and maintaining records of broker and consultant appointments under guidance from senior team members.

Relationship Management Assist in maintaining communication with insurance companies, consultants, and brokers by sharing updates and collecting required information.

Support claims handling activities by coordinating documentation and following up with stakeholders to ensure timely resolution.

Negotiation and contracting Assist in coordinating with insurance brokers and consultants by collecting quotes and preparing comparison summaries for review.

Support contract reviews by checking insurance requirements in C3 and C4 sections and ensuring documentation is complete under guidance from senior team members.

Insurance Studies and Analysis Assist in collecting data for insurance studies, such as risk finance optimization, business interruption, and property damage, under guidance from senior team members

Budget Management & Payments Assist in tracking insurance budgets and expenses, ensuring records are accurate and updated.

Help process insurance payments by compiling necessary details and maintaining payment logs under guidance from senior team members.

Claims Processing and Analysis Assist in processing insurance claims by reviewing documentation and ensuring compliance with policy terms under supervision.

Help collect and organize claims data to identify delays or errors and prepare simple reports for senior review.

Policy Development and Compliance Assist in updating departmental procedures and templates to ensure consistency and compliance with existing policies.

Ensure adherence to group guidelines and regulations by maintaining accurate records and following established workflows.

Stakeholder Alignment and Communication

Assist in preparing materials for insurance discussions with management by compiling data and drafting simple summaries.

Reporting Assist in creating and updating dashboards and simple digital reports by entering data and using existing templates or tools under guidance from senior team members.