Kuwait Company Jobs, Sr. Insurance Officer, Alghanim iiQ8 Jobs

Long Description

Job Summary

The role requires the staff to carry out the day to day issuances of FGA policies in accordance with instruction from Underwriter/Manager  as per express or implied policies, processes and procedures of the company ; using information and knowledge of market practices, more in a decisive level to independently judge and correctly act to the call of day to day process situations

Job Responsibilities

• Issue quotations as per clear instructions from Underwriters
• Liaise with customers and inter-departments to satisfy the procedural checks in relation to policy issuance
• Manage all cordial relationships with both internal and external customers through timely checks and discussions
• Take in advance, monthly renewal reports and seek Underwriting opinions on the same and thereafter own the timely issuance of renewals
• Handle walk in and email customer queries on in house products
• Be able to review account performance, claims information and payment history client wise
• Import and sort various reports as and when called for by the management
• Manages book of renewal business as generated by the underwriters.
• Able to reply to re-insurer queries in support with Underwriters – With time
• Evaluates client documents, order the risk to be ready for Underwriter assessment
• Coordinating with claims, IT and finance department
• Have a general idea about underwriting changes in the market
• Learn new products within or outside the same line
• Month End and Quarterly Closings on time
• Assist system development with IT to create a seamless automation process of all products within FGA
• Error free policy document issuance
• Stock end adjustments – Tracking and averaging at year end from multiple sources
• Create and manage a proper documentation, both soft and hardcopies without errors and omissions of important communication
• Error free document issuance
• Formalize and summate figures for Underwriting analysis of the Treaty figures in last quarter
• Able to lead and own any product channel with time, guide with its marketing ideas – Egs Travel
• Examines and evaluates documents such as applications, inspection reports, financial reports, claims history and any other pertinent information to determine degree of risk, underwriting and appropriate market.
• Slowly start accepting, pricing and binding insurance under supervision, refer business to senior underwriting staff, company underwriter or brokers beyond authority.
• Has direct knowledge of the job skills in the underwriting positions including clear understanding of insurance processing systems, cancellations, policy change and calculations
• Taking ownership to improve intra Alghanim relations

Candidate Requirements

• University degree preferred
• Must have a minimum of 2-3 years of experience in policy issuance in an FGA underwriting department (preferably in GCC)
• Certification in Insurance will add value
• Microsoft office competency
• Excellent communication skills
• Strong in analytics and numerical

Education