Job closed
Ref: MP068-04
Job description / Role
Reporting to: Managing Director
Subordinates: Brokers/Account Handlers
Other interactions
- Internal: Managing Director, Directors, brokers, technical/claims /accounts functions.
- External: Clients including risk/insurance managers, Underwriters, new prospects
Duration: Permanent Position
Desired start date: January 2016
Probation: 3 to 6 months
Working Hours: 8 a.m. to 5 p.m. with 1 hour lunch break Sunday to Thursday (Friday & Saturday weekend)
Travel requirements: Very little, if at all
Gross monthly base salary: AED 25,000 to AED 35,000 per month negotiable (tax free)
Commission / Bonus: Discretionary Bonus
Requirements
Main responsibilities: Key Accountabilities:
- To perform client or prospective client insurance policy audits that include the provision of comments and recommendations in a report form.
- To perform client or prospective client insurance policy audits that include the provision of comments and recommendations in a report form.
- Build a risk profile for a company with varying business lines and then design a risk transfer insurance programme to mitigate and/or eliminate those risks.
- To pro-actively drive the establishment of a client’s Risk Management practice and to provide Risk Management consultative services to clients.
- To provide specialist input to the internal Risk Management process and practice and thus enable development and improvement to Best Business Practices/Business Operations.
- Broad range of insurance knowledge encompassing various classes of insurance with an emphasis on Material Damage covers including but not limited to Operational and Construction risks and Casualty lines including but not limited to Professional Indemnity.
- To be responsible for the profitable provision of a comprehensive insurance programme placement for clients and the total servicing of these client accounts. Meeting the clients’ needs, maintaining their loyalty, encouraging programme renewal, and encouraging business growth.
- To assist with developing and producing new business both regionally and internationally including, but not limited to, by way of responding to tenders and/or reviewing prospective client’s insurance programmes.
Objectives:
- To perform client or prospective client insurance policy audits that include the provision of comments and recommendations in a report form.
- Build a risk profile for a company with varying business lines and then design a risk transfer insurance programme to mitigate and/or eliminate those risks.
- To pro-actively drive the establishment of a client’s Risk Management practice and to provide Risk Management consultative services to clients.
- To provide specialist input to the internal Risk Management process and practice and thus enable development and improvement to Best Business Practices/Business Operations.
- Broad range of insurance knowledge encompassing various classes of insurance with an emphasis on Material Damage covers including but not limited to Operational and Construction risks and Casualty lines including but not limited to Professional Indemnity.
- To be responsible for the profitable provision of a comprehensive insurance programme placement for clients and the total servicing of these client accounts. Meeting the clients’ needs, maintaining their loyalty, encouraging programme renewal, and encouraging business growth.
- To assist with developing and producing new business both regionally and internationally including, but not limited to, by way of responding to tenders and/or reviewing prospective client’s insurance programmes.
Other Benefits:
Health Insurance (Aetna), Life and Personal Accident, 25 working days holiday.
About the Company
A leading insurance broker company in UAE.