Insurance Officer (UAE National)

Organization:

Well known Insurance Organization in UAE.

Location: Abu Dhabi & Dubai

ROLE PURPOSE:

The job holder is responsible to review and carry out thorough risk assessment with new/renewal business adhering to the Underwriting Guidelines as per the assigned authority limits for

profitability and sustainability of the company's Property portfolio.

Policies, Processes and Procedures:

• Follows all relevant policies, processes, standard operating procedures so that work is carried out in a controlled and consistent manner
• Maintains effective relation with clients (and prospective clients)
• Submits cases to Supervisor/Asst. Manager which are above the authority limit

Underwriting Activities (New Business and Renewals):

· Prepares quotes in line with corporate guidelines and underwriting authority limit

· Prepares renewal notices and follow-up renewal with clients & producers

· Prepares Property quotations, and summary of benefits and premium rates for issuance of policies

· Maintains proper filing

· Sends Cover Confirmation to Operations Department for system booking

· Provides Reports (claims, production, renewals ... ) as and when required,

· Liaises with Claims dept. for loss ratios for processing Renewals

· Liaises with Operations on system bookings

· Checks the standard questionnaire/ proposal form received from the POS

Documentation and Administrative Work:

· Prepares Quotations/tenders and all data required for tenders.

· Prepares/Checks faxes/other communications to clients/brokers.

· Prepares Risk Assessment Forms

· Maintains/checks files for the clients

Cooperation:

· Cooperates with internal departments/divisions as well as branches to achieve efficient & timely transfer of information

Reports:

· Provides Management with appropriate reports regarding the unit and compliance with operational policy and procedures.

Qualifications:

. Minimum bachelor’s degree in business administration.

· 0-1 Years of relevant experience.

. Full Professional Proficiency in English language.