- Develop and lead risk engineering strategies.
- Develop risk engineering programmes for insured clients taking into consideration the needs of all stakeholders (. insureds, insurers, broking team, etc).
- Arrange individual risk engineering surveys through discussions with account teams insureds and market engineers, once arranged - coordinate and manage the execution of surveys on a global basis to the satisfaction of insureds.
- Prepare marketing risk assessment reports to assist in the placement of client insurance programmes. Reports will follow the WTW standard structure and contain key understanding of the hazards at facilities and how the management team are controlling/mitigating their impact. Presentation of risk improvements and loss calculations is also required.
- Develop risk improvement recommendations that are clear, appropriate and are fairly balanced between the interests of insureds and insurers.
- Calculate loss expectancies within company guidelines across a range of industries.
- Ensure that all reports and other deliverables are prepared and ready in a timely manner.
- Provide technical support to clients and the broking team across a range of issues relating to good industry practices.
- Maintain all risk management team tracking tools such as schedules and planning spread sheets.
- Other aspects of work activities include: Ensuring the risk management team fully understand the scope of work required.
- Clear understanding of the funding that supports engineering activities on individual accounts.
- Ensuring that proposed engineering activities do not exceed the available fee amount unless agreed by Account Executive and engineering manager.
- Understanding account specifics such as renewal date, deductibles, coverage and specific exclusions.
- Maintain technical competency in chosen industry sector and keep up-to-date with risk management developments (. attend seminars, review technical publications, .
- Represent WTW professionally on business trips and in meetings.
- Comply with all WTW company policies (. Travel, Ethics, .
- Any other duties commensurate with position or level of responsibility.
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Natural Resources Risk Engineer - London, United Kingdom - WTW
Description
The role will involve managing accounts for multi-national organisations primarily in downstream oil refineries, gas processing, LNG and petrochemicals industry sectors but will be supplemented with survey work in other industries. Excellent knowledge of oil refinery / petrochemical processes / power generation and logistics, operations, asset integrity activities (maintenance & inspection), and process safety management; plus international codes & standards is highly desirable.
The Role