what a Risk engineer do in an insurance company? their prospect and salary?
Please share....

a risky sound job...

No 1 work as a Risk engineer here eh??

That position is quite limited. compared to other 'prime' position. Chances people know it is quite low.

Really? anyway....those who know pls share lo....cos im interested to apply...

Hey, hope im not too late for TS to read this

Okay, on paper Risk Engineer/Risk Surveyor looks like this:

http://www.prospects.ac.uk/p/types_of_job/...description.jsp

Im a risk engineer myself fyi. So, from my experience..risk engineer does the following, putting it simple:

- Collect information of a risk on site.
- Do overall assessment of the risk (constructions, situation, exposure, etc2).
- Do technical assessment on the risk (operations, machinery, raw materials, products, etc2).
- Do safety and health assesment on the risk (fire fighting system, means of egress, theft, work ethics, etc2).
- Provide recommendations to improve on all the items above if any.
- And finally, write a detailed report on all the items above. (The report is then going to the insurance underwriter for their use.)

It is an advantage for a risk engineer to have a technical background, at least from my experience.

Prospects: A lot of risk engineer finally end up being insurance underwriting manager. Small number will then move up to regional risk engineer, then really small number going for global risk engineer or they go for risk consultant. Also, if u want to get out from insurance industry...Risk Management department in various other industries is there for you to fit in.

Salary: I dont know for sure about other companies, but last time when I just started (fresh grad)..my salary was RM3.1k (including the allowances).

Its quite a fun job to me..coz I need to travel a lot, n I love travelling. N then the job itself is interesting, can see the whole industry from a small shoplot to a port, airport, power plant and many more im looking forward to. Thats about it =).

This post has been edited by thesurveyor: Feb 23 2009, 04:38 PM

thax

Np. So do u apply for the job? Hehe just curious..

yap...applied...but no news...

Yea..not so many positions available, . Well, I wish u gdluck then!

i think TS job scope will somehow differ from this...AFAIK, this is engineering risk-based inspection..(correct me if im wrong..)

as for TS who r applying at INSURANCE company, mayb the risk of person who insured themselves with the company? to be honest, i dun hv any idea there will be risk engineer in an insurance company..

This post has been edited by vanguard_13: Feb 23 2009, 03:40 PM

Well yea, if u r talking about life insurance..u are, rite? There's no need for risk engineer for life insurance, all in the hand of the underwriters.

Fortunately, there is a class of insurance..that is general insurance. General insurance is about property, industry, large and specialized risk (airport, powerplant), more on the industries..so that's where risk engineer comes in. Not many know this job, even me also didnt realized it existed before I took this job..because the position its too scarce, only 2-3 risk engineer per company in the general insurance industry.

Underwriters need risk engineer to provide them technical assesment of the risk and recommendations. N thus, the need of engineering based risk assessment which is the job of a risk engineer.

*There are different job title regarding the job I was talking about e.g: Loss control engineer, risk surveyor, risk manager. All doing the same job.

This post has been edited by thesurveyor: Feb 23 2009, 04:12 PM

business admin student can apply ka ??

engineering degree is the requirement...

opss.. just asking...

erm if we have risk & insurance background can apply?

hey there, i got an offer for risk engineer or we can call it as surveyor in an insurance company.
is it really 'engineer' thingy? i mean, since the company background itself isnt an engineering background right? im doubting it.

plus, not many know this job. and when i tell them, they underestimated me :'( because it's not really engineering background. pls help..

I wonder rite...is it the so-called adjuster for risk engineer in insurance?

Bump

Any risk surveyor here?