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Job Description
1..Assist in implementation of Enterprise Risk Management (ERM) activities: e.g. identify, analyze, asses, control and avoidance, minimization or elimination of various risks (operational risk, credit risk, market risk, foreign exchange risk, price volatility risk, liquidity risk, inflation risk and business risk, etc.)
2.Assist in the insurance activities and ensure premium renewal decisions are met within defined time frame.
3.Prepare compliance reports to management that identify policy breaches and propose solutions.
4.Assist in management and maintaining of all insurance policies
5.Assist in preparation of insurance budget, identify capital/premium expenditures and estimate future renewals.
6.Assist in the periodic asset valuation reports and derive a present value / fair market value.
7.Assist in reviewing underwriting reports and closing of risk recommendations with other departments
8.Ensure timely settlement of insurance premiums and other payments.
9.Work with Supervisor in Credit/Debt management, models and methodology and monitor monthly accrual processes
10.Perform other job-related duties as assigned by the direct Supervisor .
Job Details
Job Title
Treasury Analyst (Risk - Insurance)
Job Country
Saudi Arabia
Job City
Yanbu
Job Role
Other
Preferred Candidate
Career Level
Mid Career
Yanbu Aramco Sinopec Refining Company (YASREF)
Saudi Aramco and China Petrochemical Corporation (Sinopec) have agreed to have a joint venture signed in January 2012. The agreement brings together two world-class companies to complete the construction and operate a highly competitive full-conversion refinery in Yanbu Industrial City.
YASREF Vision: “By 2020, YASREF shall be among the most recognized pace setter enterprises in the world”