Vice President - Property - Orient

Al Futtaim Group

Dubai, UAE

Ref: HP698-9563

Job description / Role

Employment: Full Time

Orient is an Al-Futtaim company, considered a leader in the regional insurance market with representation in the UAE, Oman, Egypt, Syria and Sri Lanka, and the only company in the Middle East that carries a combined ratings A Excellent from A.M. Best and A (strong) from Standard and Poor's.

Orient is also accredited with ISO 9001 Quality Management Certification. The company believes in a well structured transparent corporate culture, highly professional standards and intergrity, clear strategy and employee empowerment. Efficient management of the department including but not limited to the following responsibilities:

* Underwriting - Management of theunderwriting activities of the department to ensure sustainability and growth in the portfolio through prudent risk assessment and underwriting measures. Periodical review of premium rates and the underwriting guidelines in the light of the prevailing market conditions as well as performance of the Portfolio to ensure continuous enhancement of the Department's profitability.

* Management and Development of Staff - Motivate, train and develop the assigned staff in order to optimize their performance and ensure achievement of the specific objectives in an efficient manner with a high degree of professionalism.
* Documentation and Records - Ensure timely and accurate preparation and delivery of certificates, policies and endorsements in compliance with the prescribed policies and guidelines of the company in order to serve customers efficiently.
* Management Reports - Prepare, coordinate and ensure timely submission of Management reports in order to provide the operational data for Management information and facilitate decision making.
* Customer Complaints - Attend to customer complaints and ensure fair solutions within the company guidelines.

Requirements

To be successful in winningthis role, you must have the following skills and experiences:

* Holding a relevant university degree or an insurance qualification.
* Must have 10 years of work experience, at least 4 years of which is in a Senior Managerial position handling Underwriting.
* Excellent managerial skills and sound technical knowledge.
* Must possess a good negotiating skills and analytical ability.
* 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.

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Project Accountant salaries in UAE

Average monthly compensation
AED 10,000

Breakdown available for industries, cities and years of experience