AVP Treaty

Job description / Role

• Recruitment Type: Perm Placement
• Role Category: Executive
• No. of Roles: 1
• Target Date: ASAP
• Job Classification: Insurance & Superannuation
• Job Sub-Classification: Management
• Job Title: AVP Treaty
• Min Experience: 11-15 years
• Specialization: Reinsurance
• Country: United Arab Emirates
• City: Dubai
• Required Nationalities: Any
• Preferred Languages: English
• Language Proficiency: Fluent
• Base Salary: AED 438k - 657k
• Compensation: Not Specified
• Total: AED 438k - 657k

Salary:
AED 438,000 to 657,000 per month inclusive of fixed allowances.

Requirements

Background:

• Reinsurance senior position with extensive technical and managerial expertise required.
• The role encompasses, but not limited to team management, development of policies and procedures with a focus on profitable growth and ability to embrace and lead change as UAE is continuously adopting new regulations impacting the market.

Responsibilities:

• Strong Underwriting knowledge across insurance lines of business namely
• Handle broking operations for facultative and treaty.
• Conduct portfolio analysis and risk assessment to advise about adequate covers in line with market appetite and company’s needs.
• Tailor adequate treaty structures to insurance companies’ book of business.
• Securing placements involving Proportional and Non-Proportional programs with “A” rated Reinsurance markets for companies in the GCC and broader
• Structure and place Reinsurance Programs
• Engage in the Facultative placement of major Insurance Policies for Captive Business.
• Extend marketing efforts and conduct on site visits
• Build and train the reinsurance team
• Follow up on the claims emanating from Facultative and Treaty Businesses.
• Handle the administration of DIFC office.
• Participate in implementing the VAT system.
• Coordinate and assist different entities within the Group whenever a proper reinsurance cover is required.
• Secure first class capacity and competitive returns
• Manage reinsurance protection
• Set underwriting guidelines and pricing for multi lines of business.
• Contribute to boosting company’s profitability though optimizing reinsurance cost, increasing reinsurance return and improving reinsurance set up
• Conducted timely reviews of underwriting policy in all branches to ensure compliance with the reinsurance treaties.

Technical skills:

• Treaty background
• Preferred candidate with experience from: MARSH, WILLIS, CHEDID, NASCO & FENCHURCH FARIS.

Education skills:

• Bachelors degree
• Added value: Dip CII, ACII

Computer skills:

• MS Office

Other skills:

• Communication Skills
• Customer Focus
• Team Player
• Leadership Skills
• Time Management

About the Company

Dragon Recruiting is a leading international staffing and recruitment company, head-quartered in London, with further offices all over the globe. Our clients range from numerous well known UK and international businesses. We also represent a wide range of less well known clients - helping them to find staff for their businesses around the world.

As an international recruitment agency, our clients benefit from a vast network of human resource specialists who attract, cultivate and connect organisations to talent in both global and local markets. Our unrivalled

scope of services and global reach allow us to share candidates and roles across borders. With greater coverage and tools, we can ensure our clients and candidates all get the best outcome for their recruitment needs.

With experience of over 3 decades we are recruiting more than 10,000 workers annually to and from the UK, USA and the Middle East and several other Asian countries. We specialize in the placement of candidates in permanent, contract, temporary and interim positions with clients around the world.