Insurance Contracts Manager

Company : Neom

Job Type : Full Time

Saudi Arabia

Number of Applicants

:

000+

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Job Description - Insurance Contracts Manager

Overview Job Title/ Position Manager – Insurance Contract Review Job Code Job Level/ Grade Manager Type of Position Full time Reports to Senior Manager – Insurance Contract Review Direct Reports Division Finance Department Insurance Job Location NEOM Office Role Purpose
Responsible for the execution of the insurance contract review process across the NEOM Company
Performance Measures (KPIs)
Timely completion of contract review process
Key Accountabilities & Activities Key Responsibilities
Perform a thorough review of insurance contracts; ensure that contract conditions and compliance dates are observed and track renewal and expiration dates of contracts
Raise with insurers the requests to amend deductibles, limits of liabilities, and sums insured when needed
Perform insurance contracts analysis; contract revenue, forecasts, contract penetration and uptake
Prepare insurance risks report and confirm accurate insurance coverage to NEOM's needs across the projects delivered in
Liaise with key internal stakeholders to explain insurance requirements and ensure proper and timely preparation of insurance contracts requirements
Research for initiatives relating to technology integration in data assembly and extraction and recommend initiatives to senior management
Background, Skills & Qualifications Knowledge, Skills, and Experience
5 or more years' experience with real estate/construction or in a similar company
Extensive knowledge of insurance contract review
Knowledge of Insurance risk management
Knowledge of regulatory & compliance in relevant industry sectors (Preferred in KSA)
Qualifications
Graduation degree/diploma or equivalent in management accounting and/or Finance
Insurance and/or risk-related certification/qualification is a plus (FRM, CIC, CPCU, CRM, AAI, or similar)
KEY STAKEHOLDERS* Internal External
Insurance Senior Manager
Insurance team members
Internal auditor
Other employees across NEOM
Insurers/ Reinsurers
Insurance companies/ Financial Institutions
Not limited to
VERSION TRACKING Version Prepared by (Department Head) Reviewed by (Human Resources)