Senior Risk Engineer

Location: London/Hybrid (Typically 2/3 days in the office)

Type: Full time/Part time - Permanent/Fixed Term (If you are a job share partnership, work reduced hours, or any other way of working flexibly, please do still get in touch)

At Price Forbes, we provide much more than just a workplace. We are dedicated to fostering skill development and knowledge within a team that is passionate about their work, values their Employees, and truly celebrates diversity.

Working at Price Forbes means you'll be part of The Ardonagh Group. We are proud of our innovative environment offering many opportunities for growth across the wider group. Employees regularly move between our united teams, and we encourage you to make your role your own.

Our offices are lively and exciting places to be, but we understand that life needs flexibility, and offer a genuinely flexible approach to working. If you are looking to join a thriving, energetic business with exciting plans, this role could be an ideal fit for you.

What we can offer:

We offer much more than just an inclusive culture with apprenticeships, study support, participation in our annual Spotlight Awards, Community Trust, Sports Teams, office socials, events and so much more. All of this with a supportive management team as well as working alongside some of the industry's top talent.

You'll have access to wellbeing programs, fantastic discounts across many big-name businesses including supermarkets, gym memberships, restaurants, and healthcare cash plans etc.

Further perks of working with us (Fixed benefits):

• Employer pension contribution of 10% (providing you, the Employee provides 5%).
• Good work life balance - flexibility to suit you.
• Competitive salary.
• Life Assurance at X4 of your base salary.
• Group Income Protection.
• Generous Annual Leave entitlement.
• Private Medical Insurance.
• Group annual bonus scheme.

What you will do:

We have a new opportunity for an Energy Insurance Risk Engineer to join our team in London. This role involves providing expert engineering advice to our Energy broking team, aimed at enhancing business income and supporting portfolio development and new business opportunities on a global scale.

The primary responsibilities include conducting risk assessments of broker submissions and performing risk/loss prevention surveys for Upstream Energy risks. Additionally, the successful candidate will support the broader Energy Engineering team, including Downstream, Midstream, and Power risks, as their experience grows.

• Contribute to the development and review of global risk engineering strategy, policies and processes

• Working independently, plan, organise and perform desk-based risk appraisals for assigned line/s of business to provide risk analysis.

• Conduct on site Risk Engineering surveys of both Upstream Construction and Upstream (Oil and Gas) Operational assets. Deliverables will include producing broker Risk Engineering reports and risk improvement recommendations that will assist the client in reducing risk and assist in placing the risk in the London market.

• Follow-up on key recommendations and ensure risk engineering information on file is up to date

• Provide technical input on Claims, including reviewing loss adjuster reports and focussed site visits to identify areas for Claims mitigation and recommendations for improvement

• Maintain strong working relationships with managers and leaders within the brokers and claims functions

• Reviewing and agreeing Scopes of Work for third party consultants as needed, including MWS Companies and Well Plan Review Consultants.

• Continual learning through a thirst for knowledge to support the engineering team's understanding of new and existing technologies. Recent examples of this include developing a deep understanding of carbon capture technologies and geothermal projects. This role provides opportunities to broaden beyond traditional oil and gas activities.

• Support the wider Energy floors and Engineering team in other occupancies as experience allows.

• Maintain a strong understanding of engineering technologies and external market developments and trends to make recommendations on how these can be implemented across client base
• Support the brokers in discussions with the client, Underwriter and Underwriter's risk engineers and local broker Risk Engineers.
• Conduct risk surveys of Upstream Energy risks including offshore (BOSIET, and the offshore medical will be arranged by Price Forbes)
• Compile risk engineering survey reports as required.
• Complete calculations of EML (estimated maximum loss) assessments, and attractional loss estimates, with the support of modelling software such as ExTool as applicable.
• To provide technical input to the claims department
• Develop training presentations for Energy peer group engineers and broker and underwriters.

What you will bring:

• A minimum of 8 years' experience in the oil and gas production and construction industry, including working offshore and onshore oil & gas production facilities and projects
• Knowledge of Offshore (and onshore) well risks both in the drilling and operational phases. Good working knowledge of control of well risks and appropriate risk mitigation measures.
• Knowledge of Marine Transit and Installation risks (exposures and mitigation) as they apply to offshore construction risks.
• Knowledge of Upstream operational risks (exposures and mitigation) as they apply to upstream onshore and offshore assets.
• Knowledge of the Energy Insurance industry would also be an advantage, but is not essential.
• Relevant Engineering degree preferred eg BSc /BEng Chemical Engineering, BSc/ BEng Mechanical Engineering etc.
• Chartered status (C.Eng.) of a recognised engineering institution preferred eg MIMechE, MIChemE, MIStructE, MICE or similar.
• Clear and confident communicator with the ability to convey technical information to non-technical audiences. The successful candidate will be expected to act as a mentor to other members of the wider Energy team and respond flexibly to requests for engineering support.
• Extensive experience in relevant process industries and should have a background in at least one of the following areas in a technical role; Operations, Maintenance, Process Engineering, Loss Prevention, Construction, Wells Engineering, Risk Management and Project Management
• Practical experience of risk engineering methods and techniques and the identification and quantification of risks. E.g HAZOP, PHAa, LOPA, etc
• Demonstrated strong communication skills to develop and maintain relationships with Brokers, Claims teams, Clients and fellow Risk Engineers externally
• The skills and presence to interact with authority with middle and senior technical and operational management in client and underwriter organisations
• Experience of risk engineering in the insurance industry with an operating company, loss adjuster or similar would be beneficial.
• Demonstrated ability to effectively use required software applications, such as Microsoft Office Suite. Should be able to create/modify documents and complex spreadsheets

Travel Requirements .

Travel will be expected on a global basis to survey risks brokered by Price Forbes. Expected time away on surveys will be up to 60 days per annum. Risk surveys could involve travel for up to 10 days at a time (on occasion) although most risk surveys will be of 3 to 5 days duration

Think you don't meet every requirement?

We are dedicated to creating a diverse, inclusive, and authentic workplace where everyone can thrive . If you're excited about this role, but your experience doesn't perfectly match what we are looking for, please apply anyway. You might just be the right fit for the job, or other opportunities we may have within the wider Group.

Interview Process:
At Price Forbes, we have a straightforward interview process to ensure the best fit for both you and the company:

• Submit your application with your CV, emphasising your skills and experience related to the job.
• Our Talent Acquisition team will then arrange a call where they can tell you more about the role and the team. We want to learn about your motivation and goals, what you can bring to Price Forbes, and answer any immediate questions.
• If successful, you will generally be invited to engage in a 1-hour interview with the Hiring Manager and selected team members, via teams or in person. We will discuss our technologies, key skills, and team dynamics and provide further opportunity to ask any questions. This is your chance to voice your thoughts on the role and we will outline our expectations and ensure this role aligns with your ambitions for the future.
• Depending on the role, you may be invited to attend a second stage interview with further members of the team.

If successful or unsuccessful, we always try and move quickly in presenting an offer or providing feedback. We truly value the diversity of our teams and as a Group, we are committed to supporting and welcoming individuals from all backgrounds, as we appreciate every perspective is a significant part of our success. Should you require any reasonable adjustment throughout the recruitment process, please do not hesitate to let a member of the Talent team know.

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Department Ardonagh Specialty - Price Forbes Locations Price Forbes Insurance Remote status Hybrid