Power Risk Engineer

Marsh is the world’s leading Energy & Power insurance Broker, providing Risk Engineering services across the globe, for clients in all sectors, from Oil & Gas Exploration and Production, through refining, downstream petrochemicals, conventional power plants and renewable energy.

Marsh Specialty – Energy & Power is seeking candidates for the following position based in the Jeddah office:

Power Risk Engineer

What can you expect:

• The role will be heavily client facing, surveying client’s Power assets, producing risk assessments, loss estimates and conducting training and benchmarking exercises.
• The role offers the opportunity to interact with senior client staff in Risk Management, Operations and Engineering functions.
• The ability to communicate to all organisational levels is a critical competency. 
• For newly recruited Risk Engineers, Marsh offers a six-month training and development programme.

What you will be rewarded with:

• We offer and embrace a hybrid working model that nurtures a collaborative working environment in the office 3 days per week allowing 2 days per week to be spent working on a remote basis.
• An attractive benefits package that goes above beyond local standards. As a strong leader in our organization, you will not only have the opportunity to make a significant impact, but also enjoy a comprehensive range of benefits that are designed to support your personal and professional well-being.

We will rely on you to:

• Standard risk engineering surveys: This is the base offering of Marsh Risk Engineering, and it is crucial to successful placement of insurance within the Power industry.
• A survey consists of a typically 2-3 day visit to a client facility, interviews with key management teams and site tours.
• The output is an engineering report which details:
  • Description of the site operations,
  • An analysis of Loss Prevention/Mitigation features
  • A ranking of the quality of the site and recommendations for improvement
  • Estimation of property damage, often using our bespoke modelling software
• The role will also involve carrying out risk assessments of construction sites and reviews of new projects for Marsh's clients.
• The position will also support the Broking team in placing risks in international insurance markets.

• Continuous development of internal engineering Technical Methods.
• Combination of regional (majority) and world-wide travel required (typically 70-90 days per year).

What you need to have: 

• 8+ years' experience in the operation of power generating facilities.
• Sound working knowledge of power generation industry technologies.
• Exposure to risk assessed driven decision-making is essential - relevant to field of expertise.
• Articulate internal and external business goals and overall strategies needed to attain these goals.
• Complies with and checks performance against professional standards and best practices.
• IT literacy to include general office systems such as Word, Excel, Power Point (or similar).  Experience of technical simulation packages for process modelling, risk assessment, project execution purposes as is relevant to field of expertise.
• Enhanced written and verbal communication skills.
• Develops new and expanded business opportunities.
• Utilize and develop spheres of influence to develop new and expanded business

What makes you stand out:

• Holds an Electrical or Mechanical Engineering Degree preferably.
• Experience or exposure to equipment inspections.
• Expertise in Safety Management

Marsh is the world’s leading insurance broker and risk adviser. With more than 45,000 colleagues operating in more than 130 countries, Marsh serves commercial and individual clients with data driven risk solutions and advisory services. Marsh is a business of Marsh McLennan (NYSE: MMC), the leading global professional services firm in the areas of risk, strategy and people. With annual revenue of over $20 billion, Marsh McLennan helps clients navigate an increasingly dynamic and complex environment through four market-leading businesses: Marsh, Guy Carpenter, Mercer, and Oliver Wyman. For more information, visit marshmclennan.com, follow us on LinkedIn and Twitter.

Marsh McLennan is committed to embracing a diverse, inclusive and flexible work environment. We aim to attract and retain the best people and embrace diversity of age, background, disability, ethnic origin, family duties, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, skin color, or any other characteristic protected by applicable law.

Marsh McLennan is committed to hybrid work, which includes the flexibility of working remotely and the collaboration, connections and professional development benefits of working together in the office. All Marsh McLennan colleagues are expected to be in their local based teams will identify at least one “anchor day” per week on which their full team will be together in person. office or working onsite with clients at least three days per week. Office-based teams will identify at least one “anchor day” per week on which their full team will be together in person.