Head of Insurance / Insurance Head

About the Company

SHF Design Engineering Private Limited was founded on 27 July 2017 and operates from Little Mount, Chennai. With a 9,854 sq. ft. facility, the company has quickly built a strong reputation for being agile, innovative, and highly specialized. It delivers professional industrial solutions using experienced teams, modern technology, and a service approach focused on quality and responsiveness.

The organisation’s vision is to respond with speed, adaptability, and professionalism, while staying proactive to customer feedback. Its aim is complete customer satisfaction through tailored services in the manufacture and delivery of relay, control, and distribution panels, along with IT support activities. The mission centres on excellent customer service, quick and effective solutions in power safety and distribution, and close collaboration with customers and suppliers to consistently exceed expectations. SHF also places great importance on employee well-being, teamwork, mutual respect, and continuous skill development.

Role Summary

This leadership position is responsible for shaping and running the organisation’s insurance and risk financing approach. The role involves managing insurance coverage across business and project needs, strengthening claims recovery, supporting enterprise risk management, ensuring compliance across regional markets, and leading relationships with external insurance partners. It also requires close coordination with leadership on budgets, governance, and strategic risk decisions.

Key Responsibilities

• Design and implement a company-wide insurance strategy that supports risk appetite, capital efficiency, and long-term business goals.
• Manage insurance requirements for EPC projects from bid submission through final close-out, ensuring contractual and lender obligations are met.
• Direct claims handling and recovery efforts to improve settlements and reduce financial exposure, with regular updates to senior leadership.
• Embed insurance considerations into the wider enterprise risk management framework, including risk registers, mitigation plans, and board reporting.
• Maintain strong governance and compliance practices across KSA, UAE, and GCC markets through effective controls and regulatory adherence.
• Oversee engagement with brokers, insurers, and reinsurers, including negotiations and partner selection based on strategic and technical fit.
• Control insurance budgets, manage premium spend efficiently, and create value through cost savings while preserving coverage quality.
• Monitor emerging risks such as cyber, climate, and supply chain exposure, and encourage the use of digital tools and analytics for better risk insight.
• Lead and develop a high-performing insurance team covering project insurance, corporate insurance, claims, and analytics functions.

Candidate Profile

The ideal candidate will bring over 15 years of senior-level experience in insurance and risk management within the corporate environment. Exposure to GCC countries will be an added advantage. Strong stakeholder management skills are essential. Candidates with experience in EPC, oil & gas, manufacturing, power, or petrochemical industries will be strongly preferred.

Eligibility

Any graduate may apply.

Additional Information

This opportunity is based in Chennai, India.