The Technical Insurance Supervisor Medical is responsible for supervising and managing medical underwriting and technical operations in line with company underwriting guidelines, insurer agreements, and regulatory requirements in KSA.
Responsibilities:
- Review and supervise medical insurance proposals in line with underwriting guidelines and insurer authority.
- Assess risk factors including demographics, medical history, group size, claims ratio, and benefit structure.
- Approve, modify, or escalate risks within delegated authority.
- Guide junior underwriters on technical decisions and risk evaluation.
- Oversee preparation of accurate and competitive medical quotations.
- Ensure timely issuance of policies, endorsements, additions, deletions, and renewals.
- Validate policy documentation for accuracy and regulatory compliance before release.
- Supervise medical renewals including pricing review and claims ratio analysis.
- Develop retention strategies to improve renewal ratios.
- Monitor portfolio performance, loss trends, and profitability indicators
- Coordinate with claims teams on complex or high-loss accounts.
- Analyze claims data to identify risk improvement actions.
- Recommend corrective underwriting measures where needed.
Qualifications:
- Bachelor's Degree in Insurance, Business Administration, Healthcare Management, or related field.
- Professional Certifications Chartered Insurance Institute (CII) highly preferred.
- Possession of the International Foundation Certificate in Insurance (IFCE) is a mandatory requirement as stipulated by the Insurance Authority in Saudi Arabia.
Preferred Experience:
- 58 years of experience in medical underwriting within an insurance broker or insurance company in KSA.
- Minimum 2 years in a supervisory or senior technical role.
- Experience within insurance brokerage companies
Job-Specific Skills:
- Strong knowledge of medical insurance products (corporate & SME).
- Understanding of KSA medical insurance regulations and CCHI/Insurance Authority requirements.
- Strong analytical skills in claims ratio and pricing review.
- Leadership and team supervision capability.
- Strong stakeholder coordination and communication skills.
- High attention to detail and ability to work in a fast-paced environment.
