HUMAIN

Senior Expert, Insurance Risk Management

Riyadh, Saudi ArabiaPosted 2 days ago

Salary
AED 12k–18k a month· est.
Job type
Full time
Level
Senior
Field
Finance & Accounting
Work mode
On site

About the role

About HUMAIN HUMAIN, a PIF company, is a global artificial intelligence company delivering full-stack AI capabilities across four core areas—next-generation data centers, hyper-performance infrastructure & cloud platforms, advanced AI Models, including the world’s most advanced Arabic LLMs built in the Arab world, and transformative AI Solutions that combine deep sector insight with real-world execution. HUMAIN’s end-to-end model serves both public and private sector organizations, unlocking exponential value across all industries, driving transformation and strengthening capabilities through human-AI synergies. With a growing portfolio of sector-specific AI products and a core mission to drive IP leadership and talent supremacy worldwide, HUMAIN is engineered for global competitiveness and national distinction. About the Role We are looking for a Senior Expert, Insurance Risk Management to lead the development and continuous improvement of HUMAIN’s insurance and risk-financing strategy across its AI infrastructure, technology platforms, strategic investments, and major projects. The role will provide specialist expertise in enterprise insurance programs, risk transfer, coverage adequacy, claims management, and insurance governance, ensuring effective alignment with the organization's Enterprise Risk Management (ERM) framework and strategic objectives. Key Responsibilities • Develop and maintain enterprise insurance strategies, risk-financing frameworks, and coverage programs aligned with business objectives and risk appetite. • Lead insurance placement and renewal activities, including broker and insurer engagement, policy reviews, and coverage negotiations. • Assess insurable risks across AI infrastructure, cloud platforms, cybersecurity, data centers, strategic investments, and major projects. • Identify insurance coverage gaps, uninsured exposures, and opportunities to optimize risk transfer and Total Cost of Risk (TCOR). • Oversee claims management, recovery coordination, and insurance-related risk mitigation initiatives. • Provide insurance advisory support for major contracts, acquisitions, joint ventures, and strategic partnerships. • Strengthen insurance governance, regulatory alignment, and executive reporting on coverage adequacy, claims performance, and emerging risks. Qualifications & Experience • Bachelor's degree in Insurance, Risk Management, Finance, Law, Business Administration, Engineering, or a related field. • 10+ years of experience in corporate insurance, risk financing, brokerage, underwriting, or enterprise risk management. • Minimum 5 years of experience managing complex insurance programs and renewals. • Proven experience in insurance strategy, policy structuring, claims management, and risk transfer. • Experience within infrastructure, technology, telecommunications, cloud, data centers, or other capital-intensive industries. • Strong understanding of enterprise risk management frameworks, insurance governance, and the Saudi insurance market. • Professional certifications such as ACII, FCII, CPCU, ARM, CRISC, or RIMS-CRMP are highly desirable. • Strong stakeholder management, negotiation, analytical, and executive communication skills. • Professional proficiency in English; Arabic is highly preferred. Join HUMAIN Be part of a team shaping the future of artificial intelligence and advancing Saudi Arabia's position as a global AI leader. Apply now and help us build the future of AI.

Responsibilities

  • Develop and maintain enterprise insurance strategies, risk-financing frameworks, and coverage programs aligned with business objectives and risk appetite.
  • Lead insurance placement and renewal activities, including broker and insurer engagement, policy reviews, and coverage negotiations.
  • Assess insurable risks across AI infrastructure, cloud platforms, cybersecurity, data centers, strategic investments, and major projects.
  • Identify insurance coverage gaps, uninsured exposures, and opportunities to optimize risk transfer and Total Cost of Risk (TCOR).
  • Oversee claims management, recovery coordination, and insurance-related risk mitigation initiatives.
  • Provide insurance advisory support for major contracts, acquisitions, joint ventures, and strategic partnerships.
  • Strengthen insurance governance, regulatory alignment, and executive reporting on coverage adequacy, claims performance, and emerging risks.

Skills

  • Enterprise insurance strategy
  • Risk financing
  • Insurance placement
  • Policy reviews
  • Coverage negotiations
  • Claims management
  • Insurance governance
  • Regulatory alignment
  • Executive reporting
  • Risk transfer
  • Strategic partnerships
  • Acquisitions
  • Joint ventures
  • Cybersecurity risk
  • Insurance program management

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