Senior Insurance Manager

Join one of the world’s leading energy solutions providers and discover how you can grow with Yinson no matter where you are in your career.

Yinson is passionate about meeting the world’s energy demands in a sustainable way. To achieve this, we believe in attracting great employees through the creation of a vibrant, progressive workplace that puts people first. We’re always on the lookout for experienced and passionate individuals to be part of the team, working and collaborating effectively to make a difference and create impact with individuals, corporations, governments and the business world.

So what are you waiting for? Join us now!

Who are we?

Yinson is a world leading energy solutions provider. Our business consists of Offshore production, Renewables, Offshore Marine and Green Technology. We have offices and operations in various countries around the world and thus offer a culturally diverse, international environment. We are now hiring in preparation for further growth

The main role of the candidate is to provide assistance, support and manage all insurance-related affairs within the Yinson Group of Companies. Additionally, he/she will support the private company's insurance affairs in various capacities.

The candidate will be responsible for overseeing strategic direction, ensuring alignment with corporate objectives, managing finances, and providing overall governance to ensure the success of the captive entity.

The candidate will be responsible for supervising, mentoring the team and ensuring that the Company's assets are insured adequately and that the relevant liabilities and exposures are appropriately monitored, mitigated and covered.

The candidate will liaise with internal and external stakeholders. This includes various internal parties across all Business Units, brokers, underwriters, claims handlers, clients, vendors, etc., to discuss, negotiate, resolve issues, and provide advice in relation to insurance matters.

Key Responsibilities

• The candidate will be responsible for mentoring and managing the Group’s insurances across all Business Units, including Corporate, Offshore Production, Renewables, Green Technologies, and Marine. This includes the relevant corporate risk insurances, construction insurances, operational insurances, financing insurances, employee benefits insurance, and general insurances in relation to the relevant Business Units operating worldwide.
• The candidate will be involved in the overall insurance program. This includes providing guidance and support to the team in negotiating insurance procurement and placement, and reviewing insurance terms and limits to ensure that the company obtains adequate, compliant, and cost-effective insurance arrangements, and that they are placed or renewed in a timely manner.
• The candidate will collaborate with the project's legal counsel to review tender documents, due diligence insurance documents, contracts, and charter parties. He/she will actively participate in relevant meetings to address insurance risks and provide clarifications or solutions based on industry best practices.
• The candidate will be responsible for the LCI departmental and the relevant Business Unit’s project budgets.
• The candidate will provide support in identifying gaps in contractual terms to minimize risk exposures. They will also ensure that contractual obligations related to insurance are fulfilled and that any exceptions are appropriately highlighted.
• The candidate is responsible for identifying new areas for improvement within the function.
• The candidate will establish and nurture a high-achieving team while emphasizing ongoing development.
• The candidate will maintain and cultivate relationships with internal and external stakeholders, particularly with key underwriters, Protection & Indemnity club, brokers, captive managers and etc.
• The candidate will provide day-to-day support to stakeholders, clients, internal departments, subsidiaries, and associated companies regarding insurance matters or queries.
• The candidate will provide support to the Head of Insurance and team members in relation to all insurance-related matters.
• The candidate will be prepared to undertake any ad-hoc duties that may be required.

Requirements

• A Law degree or professional certification in insurance or an equivalent qualification.
• The ideal candidate should have a minimum of ten years of experience in insurance and risk management. They should possess the ability to work independently while also being an effective team player. Adaptability, proactiveness, excellent communication and interpersonal skills are essential qualities for this role.
• Candidates with experience in Captive insurance is preferred. Experience in O&G (Oil and Gas) and/or Energy insurance will have an advantage.

What can we offer?

You will be working in a culturally diverse organisation which fosters teamwork and mutual support. Our dynamic workplace not only encourages people to be innovative, creative, and open but is also geared to realising ambition. We provide mentorship and coaching to our employees in developing their professional career with us.

Yinson offers an excellent package of benefits and has offices located in a prime location in the City allowing for easy travel to and from work. Working hours are flexible with numerous company events held during the year.