Insurance Executive

Who We Are

We help to create icons. We help to build marvels. Our products feature in some of the most iconic buildings in the world.

RAK Ceramics is one of the largest ceramics brands globally, specializing in ceramic and gres porcelain wall and floor tiles, sanitaryware, faucets, and tableware. Headquartered in the United Arab Emirates, we serve clients in over 150 countries through operational hubs in Europe, the Middle East and North Africa, Asia, North & South America, and Australia
.

With over 12,000 employees from 40+ nationalities
, we are a truly global and diverse organization. RAK Ceramics is publicly listed on the Abu Dhabi Securities Exchange (ADX) and the Dhaka Stock Exchange
.

We are looking for an Insurance Executive to manage and oversee the organization’s insurance programs and coverage across the Group. This role will be responsible for assessing and managing risk, negotiating with insurance providers, and ensuring that appropriate policies are in place to protect the company’s assets, operations, and people.

The Insurance Executive will play a critical role in aligning insurance strategy with business objectives, ensuring compliance, and delivering effective insurance and risk management solutions.

• Develop and implement the overall insurance strategy in line with company objectives
• Identify opportunities for product development and new business initiatives
• Analyze market trends, insurer offerings, and competitor activity
• Manage insurance budgets, forecasts, and performance metrics

• Design, implement, and manage comprehensive insurance and risk management programs
• Coordinate with internal stakeholders (HR, Legal, Finance, Sales, Operations) and insurance brokers to ensure adequate coverage
• Review insurance policies, endorsements, and related documentation to ensure full and appropriate coverage
• Ensure all insurance requirements align with organizational goals and contractual obligations
• Oversee the governance, administration, performance, and delivery of insurance services across the Group
• Optimize cost, efficiency, and value while adhering to approved budgets and targets

• Manage and oversee insurance claims with brokers and insurers to ensure timely and effective resolution
• Work closely with internal stakeholders and insurers to assess claims and minimize financial exposure
• Ensure claims are redirected to service providers where applicable and contractual terms are clear and robust
• Lead negotiations with insurers to maximize recoveries and resolve disputes

• Conduct risk assessments for new and existing policies to identify coverage gaps
• Recommend risk mitigation measures through policy structuring, insurance solutions, and contract terms
• Participate in enterprise risk reviews to ensure integration of insurance into risk management frameworks

• Maintain strong relationships with insurance brokers, insurers, underwriters, and reinsurers
• Collaborate closely with internal teams to ensure alignment on insurance needs
• Monitor and review insurance programs across the portfolio

• Ensure compliance with regulatory requirements, mandates, and internal risk policies
• Maintain accurate records of insurance policies, claims, and correspondence
• Prepare regular reports on insurance coverage, claims status, and risk exposure for senior management and the Board

• Review and negotiate insurance provisions in project and commercial contracts
• Ensure insurance coverage meets project finance and contractual requirements

• Property Insurance
• Land Transit
• Political Violence
• Comprehensive General Liability
• Money Insurance
• Fidelity Insurance
• Contractors Plant & Machinery
• Erection All Risk
• Hotel Policy
• Group Medical Insurance
• Group Life Insurance & Workmen’s Compensation
• Employers’ Liability
• Charter Liability
• Marine Open Cover
• Motor Fleet Insurance
• Directors & Officers (D&O) Liability

Some of the key competencies required for the role include:

• Bachelor’s degree in…