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Insurance & Risk Manager

  • Job reference: FG-006528
  • Sector: Rail
  • Location: Riyadh Province

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We are currently seeking a Risk Manager with a experience at minimum of 12+ years’ experience to join the project team in Riyadh

Job Description

  • Manager of the Risk, Issue and Opportunity Section, reporting to project director.
  • Develop and monitor a risk issue and opportunity management process
  • Develop and maintain a risk matrix identifying dependencies and the impacts of not meeting scheduled dates.
  • Identify, monitor and managing dependencies, and for resolving related issues.
  • Identify opportunities to arrange and co-ordinate any necessary discussions and agreements to realise benefits.
  • Monitor projects and ensure that an adequate and robust Risk Management process is under active management.
  • Implement an internal PMO Risk Management Plan, Risk Log and associated governance processes.
  • Track significant risks to ensure that they are being systematically identified, recorded, evaluated, actively managed and regularly re-evaluated, and communicated across the program.
  • Identify, communicate and manage inter-program or external risks.
  • Review and update PMO Risk Log against Program Status Reports & Meetings


In addition, the client wishes to achieve the following objectives:

  • Provide accurate and timely management information to the Head of the Prime Contractor on a regular basis on the status of various projects
  • To monitor progress and drive delivery of individual projects, challenging and accelerating these where appropriate
  • To enable management of risks and opportunities at the programme level
  • Ascertain mitigation strategies for dealing with risks in a pro-active manner
  • To drive commonality and coherence between the various projects
  • To ensure the interdependencies between various projects is understood and managed
  • To ensure appropriate standards are set and adhered to legally and commercially
  • To ensure the client is obtaining value for money through negotiations with supplier’s requirements
SNC Lavalin’s Faithful+Gould business is one of the world’s leading integrated project and programme management consultancies, with over 2,400 professionals operating worldwide.

Our aim is to protect and maximize our clients’ interests throughout the planning and delivery of projects, ensuring they are delivered on time, on budget. We pride ourselves on collaborating with client teams and developing long-term relationships.

Key services include - Project management, programme management, project controls, commercial management, cost management and expert scheduling and construction planning.

Our industry is going through a digital transformation and we have been investing in and pioneering digital methods to improve all aspects of our service. We have focused our digital transformation around platform modernization and product development and through standardization and automation, we are achieving efficiencies that are directly passed on our clients who benefit from a consistent quality of service as well as the savings.

Active in the Middle East for over 20 years, we have offices in the UAE, Qatar, Oman and Saudi Arabia. We hire and retain only the best people in the industry. Our success is built on recruiting – and then developing – brilliant people from a broad range of professional and cultural backgrounds. It’s precisely this diversity of talent that sets us apart.


  • Graduate in Engineering / Business with a bachelor’s degree.
  • Postgraduate qualifications or equivalent
  • Risk Management qualification or equivalent would be preferred
Essential Criteria
  • Understanding and experience of complex projects
  • Strong leadership, communication and management skills
  • Track record of risk management
Rewards & Benefits
We offer an excellent package which includes:
  • A competitive salary
  • Transportation allowance
  • Medical and life insurance cover
  • 22 calendar days annual leave
  • Medical and life insurance cover
  • Company gratuity scheme
  • Discretionary bonus scheme
  • Annual flight allowance to point of origin
  • Employee Assistance Programme – 24 hour free advice on financial, legal and family care specialists and also access to personal health, fitness and nutrition consultants