Vice President - Branch - Orient

Job description / Role

Reporting to the Executive Vice President Business Development, the duties and responsibilities for this role will be as follows:
- Generate the required volume of Insurance Business in order to achieve or exceed the assigned premium and operational objective.
- Review, process and settle/monitor claims fairly and promptly consistent with the policy terms as well as ensuring customer satisfaction, which are within the branch manager limits.
- Plan and systematically implement all Administrative actions for the effective functioning of the Branch in order to ensure that the related expenses are contained within the approved budget.
- Train, motivate and develop the Supervisors / Staff in order to enhance their individual performance and achieve the designed commercial and operational objectives with efficiency and high standard of professionalism.
- Collect and collate Business and Market conditions related data to prepare reports and formulate appropriate recommendations for Managements' information and appropriate decision making in order to counter competition and retain/increase market share of the business.
- Supervise and carefully monitor the processing of policy documents, claim settlements and all other business related transactions in order to ensure strict compliance with the guidelines and procedures.
- Plan, analyze and develop appropriate marketing strategies and actions in order to secure new/additional business and enhance profitability and market share.
- Maintain a systematic and efficient Records Maintenance System to ensure accuracy of records and facilitate prompt retrieval for reference and use when required.
- Visit brokers and clients regularly to generate business. To enhance the direct sales team in the branch.

Requirements

- Holding a relevant university degree and general insurance qualification.
- Must have 10 years of work experience, at least 4 years of which is in a Senior Managerial position in a Broker/Insurance Company.
- Excellent managerial skills, and Sales/Marketing ability. Should have Technical/Underwriting knowledge also in order to discuss business proposal with clients and brokers.
- Excellent communication skills.
- We prefer candidates having work experience in GCC countries.

About the Company

Established in the 1930's, the Al-Futtaim Group initially operated as a trading enterprise. Rapid development throughout the 1940's and 50's saw it establish itself regionally as an integrated commercial, industrial and services organisation, positioning itself one of the leading business houses in the lower Gulf region. Today, it operates collectively over 40 companies bearing the Al-Futtaim name, dominates many market segments in the UAE, and has expanded its sphere of operation to include Bahrain, Kuwait, Qatar, Oman and Egypt.

The Group comprises a diverse range of strategically positioned operating subsidiaries and associate companies, structured to give the Al-Futtaim Group the flexibility and versatility to keep ahead of local competition while keeping pace with the ever-evolving global business scenario. The Groups continued investment in world-class systems technology is clear evidence of its commitment to maintain leading edge performance and service delivery.

The success of the Al-Futtaim Group can be attributed to a business approach that combines the ability to change with the traditional values of integrity, service and social responsibility that define its core business philosophy. This, linked with the Groups belief in decentralisation, gives the heads of the operating companies a high degree of functional autonomy and authority, providing the Group with essential flexibility, and individual employees a clearly defined work culture and sense of responsibility.