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Houston, TX, US

Senior Risk Engineer (Oil / Petrochemical)


About Swiss Re Corporate Solutions

Swiss Re is one of the world’s leading providers of reinsurance, insurance and other forms of insurance-based risk transfer. We anticipate and manage risks, from natural catastrophes and climate change to cybercrime.

Swiss Re Corporate Solutions is the commercial insurance arm of the Swiss Re Group. We offer innovative insurance solutions to large and midsized multinational corporations from our approximately 50 locations worldwide. We help clients mitigate their risk exposure, whilst our industry-leading claims service provides them with additional peace of mind.

Swiss Re Corporate Solutions offers a flexible working environment where curious and adaptable people thrive. Are you interested in joining us?


About the Role:

We are looking for a Senior Risk Engineer to join our Oil / Petrochemical team and advise our underwriters on risk quality and loss estimates in order to achieve a preferable risk selection. This is done by reviewing, interpreting and summarizing technical risk information (desk-top risk analysis or client visits). You will closely interact with internal clients as part of the production/underwriting/servicing team. This role consists mainly of internal consultation, but also encompasses on-site risk inspections and operations reviews to verify our clients' risk mitigation approaches and providing clients with risk improvement suggestions.


Further, to support Swiss Re's expansion in the direct insurance business, you will serve as the account engineer for clients written out of the CORSO offices who look to Swiss Re for risk engineering servicing.


You will have considerable expertise in loss prevention and loss control matured within the process industry sector with specific reference to the refining, petrochemical and chemical industries.


You will also have special knowledge of the refining, petrochemical and chemical industries and the standards/practices required for preventing losses, including state-of-the art design for layout and construction, fire protection (deluge water spray, foam systems, alarm systems, etc.), process safety management (PSM), process hazard analysis (PHA), management of change (MoC), incident investigations, and all of the aspects regarding asset integrity including inspection/maintenance programs for guaranteeing fitness for service of static and rotating equipment. Although focus is required for the oil "downstream" segment, knowledge and experience in some aspects of petroleum industry "upstream" operations would be considered a plus. Knowledge and experience in one or several other industries besides refineries/petrochemical/chemical, e.g., pharmaceuticals, utilities, plastics, etc. would be considered a plus.


You must be able to develop loss scenarios in line with insurance industry practices, including identifying, analyzing and estimating property damage and business continuity impacts from vapor cloud explosions. Knowledge of model tools for estimating overpressure damage would be considered a plus but is not a requirement. Account engineering expectations entail developing service plans, negotiating fees, directing field risk engineers and interacting with the client and broker to serve the needs of the client.


About the Team:

As a member of our global Risk Engineering Services (RES) team, you will be one of our experts for refining, petrochemical and chemical risks. We want you to have a strong curiosity, learn new things every day and contribute to various projects and papers involving best practices, guidelines, underwriting costing and industry updates as well as conducting seminars and technical training sessions.

This role has global responsibilities and the team come from a diverse range of backgrounds, so you should be comfortable working in a truly international environment.


About You:                                                     

  • Minimum of 8-10 years of experience, with special expertise in the petrochemical and chemical Industries
  • Strong communication, negotiation, presenting skills
  • Business sense and flexibility, self-managed, entrepreneurial attitude, plus a service mindset
  • Strong teammate
  • Property insurance background or a combination of property insurance and industrial experience
  • Degree in chemical or petroleum engineering, but equivalent experience along with a degree in chemistry or another engineering field will be considered
  • Language skills: English (other could be advantageous).


Swiss Re is an equal opportunity employer. It is our practice to recruit, hire and promote without regard to race, religion, color, national origin, sex, disability, age, pregnancy, sexual orientations, marital status, military status, or any other characteristic protected by law. Decisions on employment are solely based on an individual's qualifications for the position being filled.

During the recruitment process, reasonable accommodations for disabilities are available upon request. If contacted for an interview, please inform the Recruiter/HR Professional of the accommodation needed.


Reference Code: 94530