Insurance Assistant - Property Underwriting

Job description / Role

Insurance Assistant - Property Underwriting - Financial Services

Established in the 1930s as a trading business, Al-Futtaim Group today is one of the most diversified and progressive, privately held regional businesses headquartered in Dubai, United Arab Emirates. Structured into five operating divisions; automotive, financial services, real estate, retail and healthcare; employing more than 35,000 employees across more than 20 countries in the Middle East, Asia and Africa, Al-Futtaim Group partners with over 200 of the world's most admired and innovative brands. Al-Futtaim Group's entrepreneurship and relentless customer focus enables the organization to continue to grow and expand; responding to the changing needs of our customers within the societies in which we operate.

By upholding our values of respect, excellence, collaboration and integrity; Al-Futtaim Group continues to enrich the lives and aspirations of our customers each and every day.

Job description

The successful candidates will be responsible to organise, analyse statistical data, and maintain systematic computerized records related to premiums, which will ensure an efficient control on the underwriting of the company's business.

What you will do
- Managing the existing renewal book, with review of accounts well in advance of renewal date's to ensure the profitability of the book
- Handle day to day underwriting functions in a prompt manner by adhering to the prescribed guidelines and procedures
- Monitor the progress of risk management of the clients arrange periodic risk surveys
- Ability to scrutinize new submissions received and analyze the risk in line with Underwriting Guidelines in support of underwriting decisions
- Working closely with different business channels in securing new businesses as well as retention of existing portfolios
- Assist in the preparation of management reports, premium and claims statistics, in order to facilitate Management's review and decision making actions
- Must provide highest standard of customer experience to all business partners

Requirements

Required skills to be successful:
- Attention to details
- Strong analytical skills
- Good organizational skills
- Good skills in MS office (Excel, Word, PPT) Outlook and internet application
- Proactive and self-motivated
- Time management and focused delivery of deadlines
- Ability to perform under pressure

What equips you for the role:
- Holding a relevant university degree or general insurance qualification
- Having over 5 years of work experience in the field of insurance handling similar job responsibilities.
- Experience and sound technical knowledge in handling Property Insurance
- Ability to prioritize workload in meeting deadlines and agreed TAT

About Orient Insurance PJSC:

Orient Insurance Company commenced operations in 1982 as a part of the reputed Al-Futtaim Group and has since recorded a progressively steady growth. The Company is counted among the leaders in the UAE insurance market. Orient Insurance Company has a paid-up capital of AED 500 Million which is the highest in the insurance industry in UAE. With head office in Dubai, the company serves its clientele through an extensive branch network in Jebel Ali, Abu Dhabi, Al Ain, Sharjah and Ras Al Khaimah in UAE, Muscat in Sultanate of Oman and Bahrain.

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.