Parker Russell’s Lahore office is seeking an Insurance Coordinator to support its UAE-based project. The role involves managing and administering all insurance-related activities across the Group, ensuring comprehensive coverage and timely renewals. The Insurance Coordinator will maintain an up-to-date insurance register, liaise with brokers for quotations and renewals, obtain internal approvals, and oversee the issuance and documentation of policies. This position works closely with the Commercial Director to ensure all insurance requirements are handled efficiently and within established timelines.
Key Responsibilities
Insurance Administration & Coordination: Maintain and regularly update a master register of all company insurance policies across the Group, detailing policy types, coverage, insured assets, policy periods, premium values, renewal dates, insurers, and brokers. Monitor expiry dates and coordinate timely renewals to avoid coverage gaps. Engage with insurance brokers and insurers to obtain quotations, renewal terms, and necessary documentation. Prepare comparative summaries and analyses of quotations for management review.
Internal Coordination & Approvals: Collaborate with internal stakeholders to gather required information and documentation for insurance placements and renewals. Follow up to secure necessary management approvals in accordance with company approval matrices and procedures. Ensure all insurance processes are completed within designated timelines.
Procurement & Policy Issuance: Work with procurement and finance teams to raise Purchase Requisitions (PRs) and Purchase Orders (POs). Monitor the timely processing of insurance premium payments. Coordinate with brokers and insurers to ensure accurate and prompt issuance of policies, endorsements, certificates, and related documents. Maintain organized electronic records and filing systems for all insurance documentation.
Reporting & Compliance: Prepare periodic insurance status reports, renewal trackers, and summaries for the Commercial Director and management. Support audit activities by providing required insurance documentation and records. Ensure compliance with company policies and documentation standards.
Required Qualifications
A Bachelor’s degree in Business Administration, Finance, Accounting, Insurance, or a related field is essential. Certification from the Chartered Insurance Institute is required. Candidates should have 2 to 5 years of experience in insurance coordination, insurance administration, finance support, or a similar role. Experience in coordinating with insurance brokers and managing corporate insurance renewals is highly preferred.
Preferred Qualifications and Benefits
Experience working in an offshore or shared services support environment is considered an advantage. Candidates should demonstrate strong organizational and administrative skills, with high attention to detail and accuracy. Effective communication and stakeholder management abilities are important, along with the capacity to manage multiple renewals and deadlines simultaneously. Proficiency in Microsoft Office applications, particularly Excel, is required. The role demands the ability to work independently in a remote or offshore support setting.
This position offers the opportunity to contribute to a dynamic team supporting a major UAE-based project, providing valuable experience in corporate insurance management within a multinational environment.