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

 

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

Date: 05-May-2022 – Location: KW – Company: Alghanim Industries

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

Bachelor’s Degree

May 5, 2022 10:57 AM

9792 days, 16 hours

Listing ID 366627382f6c6c74 26 total views, 0 today