General Overview:
Our client a highly reputed & wellestablished Insurance Company is looking to hire a Assistant Manager Motor Underwriting to join their team in the UAE. We are looking for candidates with over 5 years of experience in Motor Underwriting to drive the profitability goals of the Business.
Key Responsibilities:
- Lead a team of successful Motor Underwriters and drive performance and engagement within the team.
- Communicate and implement operational strategies for the underwriting Service Delivery team.
- Study the risks; analyze data and collect information to proceed with risk acceptance or rejection.
- Underwrite complex risks in accordance with defined limits of authority or class authority organizational policy and underwriting standards.
- Must be able to effectively conduct Portfolio analysis.
- Engage in the implementation of Product Design and Pricing strategies.
- Exercise proper underwriting pricing and discipline to meet profitability goals.
- Conduct an analytical review and capitalize on market opportunities by responding to tenders.
- Negotiate policy terms with clients and/or consultants and/or brokers.
- Ensure all personal accreditation levels and compliance requirements are adhered to.
- Ensure the Underwriting Team has adequate accreditation to service their intermediaries.
- Establish and maintain relationships and lines of communication with internal and external stakeholders.
Requirements
Qualifications & Experience:
- 5 to 8 years of experience in a similar role within the Motor Department.
- Holder of insurance certificates (ACII preferred) along with a Bachelors/Masters degree in Business Administration or Finance.
- Proven leadership experience within the motor sector.
- Proven knowledge of relevant market conditions for specific classes/portfolios.
- Experience in identifying and building profitable schemes creating and developing new products.
- Strong written and verbal communication skills.
- Must have excellent negotiation skills.
- Strong client facing/presentation skills.
- Previous project management and reporting experience is essential.
- Ability to multitask and manage multiple performance metrics.
- Ability to keep a proactive pulse on the business and provide quick response as required.
- Able to make quick decisions good judgment and analytical skills.
Required Experience:
Manager