Commercial Eng - Insurance Specialist Middle

Summary

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Qualification

Bachelor's degree in Engineering (with exposures on Insurance - Loss & Risk Adjuster Industry).

Minimum 5 years of experience in EPC or construction insurance (Oil & Gas preferred).

Strong understanding of EPC contracts and insurance frameworks (FIDIC, NEC, bespoke).

Familiarity with Indonesian and international insurance practices.

Experience in claim processing and coordination with multiple stakeholders.

Excellent communication, negotiation, and documentation skills.

Ability to work across disciplines with project, legal, and commercial teams.

Responsibility

A.     Project Insurance Management

  1. Review, prepare, and negotiate insurance terms and conditions for (but not limited to) :§  Comprehensive General Liability (CGL)

§  Automobile Liability

§  Third Party Property Damage & Bodily Injury

§  Marine Cargo Insurance

§  Any other project-specific coverage required under the EPC Contract

 Liaise with insurance brokers and underwriters to finalize appropriate coverage in line with contractual scope and risk profile.

  1. Manage issuance and compliance of insurance certificates and endorsements required for project execution.
  2. Review and monitor Erection All Risk (EAR) insurance provided by the client to ensure alignment with contractor risk exposure.

B.     Claim Handling & Coordination

Act as focal point in the event of an insurance-related incident/claim. Coordinate with:

§  Insurance providers

§  Client representatives

§  Third-party assessors or loss adjusters

Ensure timely and accurate documentation and follow-up of claims until closure.

 

C.     Contractual & Risk Advisory

  1. Review draft client contracts (during proposal or project execution) to:

§  Assess insurance requirements and risks to be covered

§  Provide advice to Project Manager and Proposal/Legal teams

§  Recommend additional coverages or clarifications to protect company interests

§  Contribute to risk registers, mitigation plans, and contract deviation logs.

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Vacancy Info

  • Department: Project Commercial Department - PRCD
  • Category: Corporate
  • Available for:
  • Posted on: 22-Jul-2025
  • Valid Until: 31-Aug-2025
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