Insurance Manager

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**Insurance Manager**:

- Job Requisition No.: 20481- Category: Shore-Based**Reports to**:
General Counsel

**Direct Reportees**:
Insurance Officer

**PREFERENCE WILL BE GIVEN TO QATARI CANDIDATES**

**JOB SU**MMARY AND PURPOSE**:
Monitor, administer and analyze the company’s, its subsidiaries and Joint Ventures, insurance requirements, ensuring risks are identified and liabilities assessed and insured where appropriate. Ensure that the company’s assets and its business projects are appropriately insured as are all contractors or subcontractors brought in to perform services in relation to the vessels, the shore facilities, and the shipyard.

**ACCOUNTABILITIES**:
**Strategic Accountabilities**:

- Contribute to the formulation of the divisional strategy in alignment with NAKILAT strategy, and support its implementation.
- Participate in formulation and management of Insurance strategy working with senior management to ensure that that strategy is adopted into annual operational business plans, ensuring their implementation, as well as following up progress, and taking corrective actions or deviating plans as needed.
- Member of the Financial Risk Committee for risk evaluation of new business projects

**Key Accountabilities**:
**Insurance portfolio management**:

- Review the insurance portfolio for NAKILAT group of companies. This includes vessels, QGTC shore based activities, all Qatar JV’s and Shipyard activities plus the activities of overseas JV’s and the insurance aspects of those activities.
- Analyze new business proposals / projects from an insurance viewpoint. Highlight areas of concern and potential problems.
- Participate with NSQL. in the new terminal vetting, commenting on liability, and insurance requirements.
- Review existing terminal Conditions of Use pilotage and tug agreements/contracts.
- Develop and update proposals in respect to new insurances or amendments to existing policies to fit the business.
- Provide and assist on both a day to day and general more generic basis with the provision of operational and commercial solutions from an insurance viewpoint. This may include creation of or review of LOI’s, contracts and operational procedures. Working with operational teams and external insurer management to achieve quick solutions to issues that may arise in the business operation or in project evaluation.
- Member of the Emergency Response team - Insurance manager will sit on all Emergency Response exercises or incidents to bring insurance and practical knowledge during times of difficulty.

**Tender Evaluation**:

- Provide advice concerning insurance requirements for tender documents across all aspects of business and assist the Supply/Procurement team and end users in setting out insurance requirements within tender documents.
- Assist in the Supply/Procurement Team and end users’ evaluation of tender documents, with respect to insurance provisions and requirements.
- Create insurance tender documents for all areas of the company’s and JV’s business.
- Evaluate the insurance tenders and advise the Limited Tender Committee or General Tender Committee on the suitability both technically and commercially.
- Review contracts for external contractors and provide input or raise concerns on insurance coverage or their adequacy.

**Policy Management**:

- Manage all activities related to insurance policy renewals for vessels and shore-based activities of QGTC, NAC and shipyard JV’.
- Review, as required, providing comment on all insurance matters arising from the international JV’s.
- Manage/handle all insurance claims, including the collection of information and advising on liability plus recoverability under policies in relation to all aspects of company and JV business.
- Provide timely notifications to insurers highlighting probable incidents which will or could result in a claim under the policy guidelines. Liaison with end user, particularly operations teams in fleet and/or shipyard to ensure incidents are recorded and reported.
- Monitor, regularly review and amend Company policies to ensure Nakilat meets the requirements of its insurers.
- Co-ordinate insurance related inspections/surveys concerning technical and commercial management of the insured business, vessels, and shipyard.
- Ensure insurers recommendations, suggestions and requirements are properly considered and responded to.
- Keep in constant contact with all end users concerning their activities, projects, requirements, and how this can be relayed to insurers to maximize customer relations and flow of information fostering open and confident relationships.
- Regular communication and meetings with senior management at each insurer as well as with the day-to-day service team and management. Ensuring the Company and all its business is promoted, and the vision, mission and values are recognized by all.
- Provision of insurance documents internally to group end users, external