Insurance Specialist

About the role

Wasael Property Management is hiring a full-time Insurance Specialist in Abu Dhabi. The role manages and coordinates insurance requirements across projects and business operations, ensuring appropriate coverage, regulatory and contractual compliance, effective claims management and mitigation of insurance-related risks throughout the project lifecycle.

Key responsibilities

• Manage and coordinate insurance requirements for assigned projects and business activities
• Review project contracts to identify insurance obligations, coverage, limits and risks
• Coordinate placement, renewal, amendment and administration of policies, including CAR, professional indemnity, third-party liability and property coverage
• Review insurance certificates and policies submitted by contractors, consultants, suppliers and service providers
• Maintain insurance registers and monitor expiry and renewal dates
• Coordinate with brokers, insurers, loss adjusters, contractors and internal stakeholders
• Support evaluation and selection of insurance coverage based on risk exposure
• Manage claims from notification through settlement and keep management updated on outstanding claims
• Identify insurance gaps, exclusions and non-compliance and recommend corrective measures
• Support insurance-related audits and prepare reports, claims summaries and risk assessments

Required profile

• Bachelor's degree in Insurance, Risk Management, Finance, Business Administration, Law or a related discipline
• Professional insurance qualification such as CII, ACII or equivalent is an advantage
• Minimum 5-8 years of relevant insurance experience, preferably in construction, real estate development, infrastructure or major projects
• Experience managing corporate and project insurance policies, claims, renewals and compliance
• Experience liaising with insurers, brokers, loss adjusters, contractors, consultants and internal stakeholders

Required skills

• Insurance management and policy administration
• Project insurance claims management
• Risk assessment and insurance analysis
• Contractual compliance and documentation and reporting