Deputy Chief Manager Insurance

Qualifications :

Bachelor's / Master's degree (16 years of education) in Finance, Accounts, or Business Administration from a recognized HEC university with at least 10 years of relevant experience.

OR

ACCA with at least 6 years of relevant experience.

OR

CA / ACMA with at least 4 years of post-membership experience.

Candidates with ACII qualification / certification will be given preference.

Responsibilities :

• Manage overall operations of the Insurance function, including acquiring adequate insurance coverage for all assets.
• Support and guide personnel in the Insurance Section regarding policy renewals and claims handling.
• Coordinate with relevant departments to develop insurance policies and strategies to cover risks and ensure fair claim recovery.
• Review insurance policies regularly to ensure coverage adequacy.
• Seek approval from Senior Management for additional cover conditions or policy terms.
• Oversee the insurance claims process and liaise with surveyors / loss adjusters.
• Manage queries related to claims investigations from insurance companies and surveyors.
• Review insurance claims data before processing.
• Organize accounting and audits of retirement funds and review related financial statements.
• Collaborate with procurement and Legal Departments on insurance policy reviews and proposals.
• Participate in gas purchase negotiations and review related financial aspects.
• Review bid bonds, performance bonds, and guarantees, and arrange refunds upon satisfactory performance.
• Assist user departments with tender processes and ensure compliance with PPRA rules.
• Ensure compliance with withholding tax requirements.
• Advise management on RLNG imports and review financial aspects during negotiations.
• Review financial aspects during union negotiations.
• Handle bank voucher preparations and payments for various expenses.
• Coordinate with departments and gas companies regarding gas purchases.
• Assess inquiries from insurance and other external parties to ensure information adequacy.
• Coordinate with internal and external parties during catastrophic events.
• Identify, assess, and develop response strategies for risks.
• Monitor risks and response strategies.
• Ensure accurate and timely risk reporting.
• Perform other duties as assigned by supervisor.

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