Our client is a global leader in Insurance and Re-insurance solutions, seeking to recruit Head of General Insurance for their Brokerage company in Abu Dhabi.
Position will be reporting to the General Manager.
Skills and Qualifications
Bachelor degree in Business Administration, Banking & Finance, Accounting, or any equivalent
3 5 years of experience in the General Insurance Field
Knowledgeable of the processes, procedures and operations of insurance firms and brokerages
Knowledgeable of local laws and practices related to general insurance
Must be detailed oriented and result driven
Fluent in English. Arabic is a plus
Abide by established branch policies and procedures, at all times
Develop and manage relationships with insurance companies
Negotiate with insurance companies for best policy terms and conditions, as well as rates and commissions
Communicate to the sales team the required documents and info for each insurance product (i.e. proposal form, clauses, product information, etc.)
Keep updated on market changes and regulations, and ensure full compliance
Prepare / review proposals and quotations and make sure it adapts to client needs
Propose policy enhancements to better suit the technical standards and the requirements of the business development team
Oversee issuance of quotations, negotiate & take decisions on business transactions in line with underwriting guidelines
Assist the sales team in client visits until closing of deals whenever required
Ensure proper placements with insurance companies and negotiate brokerage commissions
Prepare, review and validate placement slips
Ensure all requirements are sent to insurance companies on time
Monitor policy histories and expiry of contracts, and manage remedial measures
Provide pre-underwriting for general insurance products
Keep detailed records of all policies underwritten and decisions made
Provide information to the sales team about the prevailing underwriting guidelines of various insurance companies
Coordinate with the operations department regarding offers, issuance of policies, renewals, etc.
Make sure business is acquired within acceptable margins
Ensure that after-sales services and policy management is done as per company standards
Performs any other ad-hoc tasks and duties as requested by management
Company Industry : Integrated Business Solutions
Requirements : Recruitment Agency
Job Role : Management
Employment Status : Full time
Employment Type : Employee
Career Level : Management
With a global mind-set of professional expertise and having strategically established associates worldwide, we are an exemplary consultancy service provider based in Dubai.
Our exclusive operations extend across the Middle East & African region.
Our company’s business module revolves around operating as a real partner and consultant to our customers, which entails working strategically with them by understanding their structure, culture and assessing their needs.
We work towards enhancing their business processes, while ultimately providing value through our robust recruitment and consultancy services.
The illustrated paramount factors have helped us to instil within the company a working environment focused on corporate compliance & process alignment.
Thus, giving us an additional edge to adapt to the diverse business ethics and economic trends specifically in the regions we cover.