Leading Regional Insurance Organization

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At DAMANA, our office in Dubai is currently looking for Emirati Nationals who are fresh graduates for Year 2021 – 2022.

  • Perform underwriting support activities such as processing policies, renewals, endorsements and certificates as required.
  • Undertake all data input for policies written
  • Prepare/compile underwriting and operations statistics from time to time as required.
  • Maintain information on enquiries received, follow up with branches on status of quotes and approvals and update the status on the information spread sheets
  • Help prepare reinsurance renewal information, quotations and facultative reinsurance slips under supervision of management.
  • Ensure that all filing and administration on risks and policies is complete and professional.
  • Demonstrate ability to liaise with clients, brokers and branch staff at all levels.
  • Effectively plan and organize workload in order to meet business timescales.
  • Demonstrate an effective approach to multi-tasking and ability to meet timelines.
  • Complete all activities accurately.
  • Demonstrate competence in using Company’s systems and processes as required.
  • Demonstrate competence in word processing and excel as required.
  • Identify personal knowledge and skill gaps relevant to the job role.
  • Adhere to the Company’s internal procedures and policies including underwriting guidelines.
  • Performs such other duties as may be required from time to time.
  • Miscellaneous tasks within the scope of work, as assigned by the direct manager

Education/ Certifications and Experience:

  • Bachelors Degree

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At DAMANA, our office in Dubai is currently looking for Emirati Nationals who are fresh graduates for Year 2021 – 2022.

Main Functions and Responsibilities:

  • Respond to all client enquiries relating to eligibility, plan benefit coverage, claims status, policy terms and conditions and strive for first call resolution.
  • Communicate regularly with clients and our business partners regarding the insurance cover and related claims.
  • Provide payment confirmation or clarifications as required to clients.
  • Achieve / exceed set productivity and quality standards.
  • Interface effectively with internal colleagues and staff to resolve client issues.
  • Maintain accurate records and files as required.
  • Identify potential process improvements and make recommendations to Team Leader or Senior Officer.
  • Adhere to the contents of the Operating Procedures Manual (OPM) and the Company’s overall internal procedures and policies.
  • Nil E&Os.
  • Miscellaneous tasks within the scope of work, as assigned by the direct manager.

Education/ Certifications and Experience:

  • Bachelors Degree

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At DAMANA, our office in Dubai is currently looking for Emirati Nationals who are fresh graduates for Year 2021 – 2022 and interested in office administration.

Main Roles and Responsibilities –

  • Furnishes workers with clerical supplies.
  • Opens, sorts, and distributes incoming mail, and collects, seals, and stamps outgoing mail.
  • Delivers oral or written messages.
  • Collects and distributes paperwork, from one department to another.
  • Marks, tabulates, and files articles and records.
  • Deliver mail, messages, documents, and packages between departments of establishment or to other business establishments.
  • Providing staff and guests with refreshments as requested.
  • Adheres to the contents of the Company’s overall internal procedures and policies.
  • Miscellaneous tasks within the scope of work, as assigned by the direct manager.

Education/ Certifications and Experience:

  • Bachelors Degree

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At DAMANA, our office in Dubai is currently looking for Emirati Nationals who are fresh graduates for Year 2021 – 2022.

We are looking for a candidate who is interested in sales and would like to join the insurance industry or would like to gain experience in sales/ business development.

Job Summary:

Develop business through direct sale channels.

Main Functions and Responsibilities:

  • Responsible for developing direct sales team and other channels of distribution to grow the medical and non-medical lines of business. Actively involve managing the direct business portfolio
  • Responsible for providing high level of service to clients with the aim of developing and ensure expansion of the general insurance portfolio by means of value added services.
  • Conducting product presentations internally and externally.
  • Identifying market trends and target customers’ needs to review and recommend product /service offerings.
  • Working closely with underwriters to retain existing business and develop new business for both individual and corporate accounts.
  • Liaise with various channels and operational areas to ensure quality services to Medical customers.
  • Ensuring payments are collected on time
  • Preparing and conducting scheme presentations to clients with aim of providing high service levels.
  • Analyzing and evaluating internal work flow process and implementing new strategies and procedures
  • Exploring and understanding new market practices, procedures, and implementing procedures as applicable.
  • Quarterly/Monthly reviews with clients.

Education/ Certifications and Experience:

  • Bachelors Degree

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Job Summary

  • The Provider Relations Officer is responsible for representing the company and maintaining the relationship with the existing and new providers in the assigned region.

Duties and responsibilities

  1. Provider Empanelment to SAICOHEALTH Network
  2. Ensure that all negotiations with the providers are in line with SAICO health benefits pricing targets, service quality standards and payment terms.
  3. Perform procedure code mapping for the contracted services with the healthcare providers when needed.
  4. Claims Reconciliation.
  5. Review provider quality reports to monitor provider performance and utilization.
  6. Prepare weekly action plan for managing assigned providers.
  7. Ensure that the agreed terms are properly implemented and documented.
  8. Communicate any new or updated policy and/or procedure to providers. Provide support and trainings to all providers assigned.
  9. Schedule provider’s visits regularly and handle any technical issue when needed.
  10. Resolve all complaints received from the Customer Service and Sales unit that involve the assigned region’s providers.
  11. Miscellaneous tasks within the scope of work, as assigned by the direct manager.

Education/Experience 

  • Medical Graduate/ nurse/ pharmacist or experience of 1 or 2 years sales

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Job Summary

Primarily responsible for data analysis to aid in sound decision-making, risk assessment, reviewing and analyzing new policies based on generally accepted actuarial methods.

Use statistical models to analyze data and calculate the probability of and costs associated with certain events, such as product failure, accidents, property damage, injury, and death. Then, use the results to design and price insurance policies. Also, estimate the likelihood of catastrophic events, such as hurricanes, earthquakes, pandemics, and terrorist attacks, as well as assess the risk exposure of insurance companies.

 

Main Functions and Responsibilities. 

  1. Designs, reviews, and helps administer insurance plans, determining financial soundness and calculating premiums. Ascertains premium rates required and cash reserves and liabilities necessary to ensure payment of future benefits.
  2. Analyzes statistical information to estimate mortality, accident, sickness, disability, and retirement rates. Determines or helps determine company policy, and explains complex technical matters to company executives, government officials, shareholders, policyholders, and the public.
  3. Provide technical support to a team of actuaries, producing statistical reports and analysis.
  4. Creating estimates of probability and likely costs for a given event such as death, natural disaster or sickness.
  5. Calculating how insurance policies for different types of coverage are likely to pay out.
  6. Provide data to support underwriting decision-making, identifying liabilities, risks and trends.
  7. Utilize pricing and financial analysis software for data entry and output reporting and help to design and price insurance policies.
  8. Gather and compile statistical data to develop reports facilitating and supporting pricing, reinsurance reporting, and valuation function.
  9. Organize actuarial support for regulatory rate filings.
  10. Demonstrate proficiency in the use of Company’s systems and processes to fulfill role.
  11. Ensures that all KPIs (Key Performance Indicators) are met and exceed the minimum standards.
  12. Adhere to the contents of the Company’s overall internal procedures and policies.

Education

  • Bachelor’s degree in actuarial science, mathematics, statistics, or business required.

Certifications

  • A minimum of 3 actuarial exams must have been cleared by the candidate.

 

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At Damana Insurance, we are hiring a Sales Executive for our office in Abu Dhabi.

The role

This is a through-and-through business development role for the Abu Dhabi market with special focus on Motor Insurance. You will be selling to existing clients and potential sales leads that can be generated from telemarketing or professional networks.

You will be working with the Unit Head in motor underwriting to get a better understanding of our products and with our claims department who will support you with client inquiries.

Responsibilities

  • Identify and target sales lead
  • Secure long-term business.
  • Attend for client’s requirement on daily basis.
  • Achieve the organization target.
  • Reviews contracts as required.
  • Have a good working knowledge of the insurance products available, insurance trading conditions, the Company’s products and services.

Ideal Candidate – You

1 or 2 years of experience in sales.

You will be coached in motor insurance and will be responsible for reaching out to the market to generate leads.

Since this role requires you to interact, negotiate and be persuasive, having professional communication skills is a priority.

Sales experience in insurance or financial products is preferred.

Qualifications

  • Bachelor’s degree

Apply for this job

We are looking for a Bahraini national who has experience in sales and would like to join the insurance industry or would like to gain experience in sales/ business development.

Job Summary:

Develop business through direct sale channels.

Main Functions and Responsibilities:

  • Responsible for developing direct sales team and other channels of distribution to grow the medical and non-medical lines of business. Actively involve managing the direct business portfolio
  • Responsible for providing high level of service to clients with the aim of developing and ensure expansion of the general insurance portfolio by means of value added services.
  • Conducting product presentations internally and externally.
  • Identifying market trends and target customers’ needs to review and recommend product /service offerings.
  • Working closely with underwriters to retain existing business and develop new business for both individual and corporate accounts.
  • Liaise with various channels and operational areas to ensure quality services to Medical customers.
  • Ensuring payments are collected on time
  • Preparing and conducting scheme presentations to clients with aim of providing high service levels.
  • Analyzing and evaluating internal work flow process and implementing new strategies and procedures
  • Exploring and understanding new market practices, procedures, and implementing procedures as applicable.
  • Quarterly/Monthly reviews with clients.

Education/ Certifications and Experience:

  • 5 years of local market experience.
  • Bachelors Degree
  • LOMA, FLMI, BIBF Diploma in Insurance

Apply for this job