Senior Specialist – Insurance Management

Red Sea Global (RSG) is seeking a Senior Specialist – Insurance Management to join their team in Riyadh, Saudi Arabia. This role is crucial for implementing group-wide insurance and risk-transfer programs to secure comprehensive and cost-effective protection for RSG assets, projects, operations, and liabilities.

Red Sea Global is the developer behind pioneering regenerative tourism destinations like The Red Sea and AMAALA, committed to restoring natural ecosystems and empowering communities. Join RSG and be part of the positive change for Saudi Arabia and the world.

Company Overview

Red Sea Global (RSG) is the developer behind the world’s most pioneering regenerative tourism destinations, including The Red Sea and AMAALA. Guided by a purpose that goes beyond delivery, we are demonstrating a more responsible way to shape the places where people live, work, and travel. Regenerative tourism underpins how we design, build, and operate our destinations, with a focus on delivering measurable, positive impact. By moving beyond sustainability, we’re restoring natural ecosystems, and empowering communities to leave places better than when we started. Our vision comes to life through our greatest driving force; our people. Through passion and collaboration, they make it possible to create a better future for both people and planet. Owned by Saudi Arabia’s sovereign wealth fund, the Public Investment Fund (PIF), we are showcasing the progressive power of Saudi Vision 2030, by acting as agents of change, trailblazing industries and accelerating transformation across tourism, residential, experiences, infrastructure, transport, and healthcare.

Quick Details

• Salary Range: Not Specified
• Job Type: Full-time
• Qualifications: Bachelor's degree
• Experience: 4 Year+

Key Responsibilities

• Implement and maintain the group insurance framework across construction, operational, and corporate risks.
• Implement placement, negotiation, renewal, and optimization of insurance coverage.
• Implement broker, insurer, loss-adjuster, and valuation relationships.
• Implement insurance requirements for contracts, projects, financing, acquisitions, and joint ventures.
• Implement claims from notification through assessment, recovery, and closure.
• Implement insured values, exposures, counterparty compliance, and lender requirements.

Requirements

• Bachelor's degree in Insurance, Risk Management, Finance, or a related field. Master's degree preferred.
• Minimum 4 years of relevant experience.
• Demonstrated proficiency in oral and written English.
• Skills in financial analysis and control, enterprise resource planning and reporting systems.
• Data interpretation and problem-solving abilities.
• Strong stakeholder management and cross-functional collaboration skills.

Benefits

• Opportunities to be part of a purpose-driven organization committed to regenerative tourism.
• Contribute to shaping the future of tourism and positively impacting communities and the planet.
• Work with a visionary developer at the forefront of Saudi Vision 2030.
• Develop technical and behavioral capabilities through a dedicated development plan.
• Collaborate effectively with colleagues and stakeholders to meet deadlines.