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Organization:
Well known Insurance Organization in UAE.
ROLE PURPOSE:
The job holder is responsible to review and carry out thorough risk assessment with new/renewal business adhering to the Underwriting Guidelines as per the assigned authority limits for
profitability and sustainability of the company's Property portfolio.
Policies, Processes and Procedures:
Underwriting Activities (New Business and Renewals):
· Prepares quotes in line with corporate guidelines and underwriting authority limit
· Prepares renewal notices and follow-up renewal with clients & producers
· Prepares Property quotations, and summary of benefits and premium rates for issuance of policies
· Maintains proper filing
· Sends Cover Confirmation to Operations Department for system booking
· Provides Reports (claims, production, renewals ... ) as and when required,
· Liaises with Claims dept. for loss ratios for processing Renewals
· Liaises with Operations on system bookings
· Checks the standard questionnaire/ proposal form received from the POS
Documentation and Administrative Work:
· Prepares Quotations/tenders and all data required for tenders.
· Prepares/Checks faxes/other communications to clients/brokers.
· Prepares Risk Assessment Forms
· Maintains/checks files for the clients
Cooperation:
· Cooperates with internal departments/divisions as well as branches to achieve efficient & timely transfer of information
Reports:
· Provides Management with appropriate reports regarding the unit and compliance with operational policy and procedures.
Qualifications:
. Minimum bachelor's degree in business administration.
· 0-1 Years of relevant experience.
. Full Professional Proficiency in English language.
Job ID: 153700141