Job description

The Vice President Insurance role is based in Abu Dhabi within a large and highly influential organisation operating in the property industry with a strong focus on banking and financial services. This position is designated as a UAE National opportunity and involves leading and overseeing all insurance-related functions across the organisation, ensuring alignment with corporate objectives and regulatory frameworks. The role requires developing and implementing comprehensive insurance strategies that support organisational goals while managing risk exposure through detailed analysis of insurance policies and risk mitigation frameworks. The VP Insurance is responsible for overseeing compliance with industry regulations and standards, ensuring that all insurance activities adhere to applicable legal and regulatory requirements within the banking and financial services environment. The role includes negotiating and managing insurance contracts through collaboration with both internal departments and external stakeholders, ensuring optimal coverage and cost efficiency. The position demands continuous monitoring and assessment of market trends, enabling the recommendation of improvements and enhancements to existing insurance policies and frameworks. Additionally, the VP Insurance prepares and delivers comprehensive insurance reports to senior management, providing insights into risk exposure, policy effectiveness, and strategic recommendations. Leadership is a critical component, requiring the individual to lead, guide, and develop a team to achieve departmental objectives and maintain high performance standards. The role operates within a professional and excellence-driven environment, offering exposure to high-level decision-making and strategic influence within the property and financial services sectors.