Leading Regional Insurance Organization

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Our office in Bahrain is currently looking for an Underwriter with experience in general lines of business.

Job Summary

  • To propose and recommend terms and conditions in respect of risks/policies, adhering to underwriting guidelines, authority limits, treaty limits and treaty conditions at all times.
  • Present such terms for approval of senior underwriter or direct manager.
  • Complete necessary documents and forms relating to respective underwriting transactions for the review of the senior underwriter or direct manager as prescribed in the underwriting guidelines and procedures manuals.

Main Responsibilities

  • Undertake pre-underwriting work on risks submitted.
  • Make sure underwriting information and proposal forms are complete and perform risk assessment under the guidance of senior underwriter or direct manager.
  • Monitor risk and catastrophe accumulations.
  • Collect all materials and information needed to underwrite the risk.
  • Make recommendations to the senior underwriter or direct manager for risks.
  • Undertake renewal review exercise and invite renewals on timely basis.
  • Undertake all data input for policies underwritten.
  • Help prepare reinsurance renewal information.
  • Ensure facultative reinsurance placements are achieved on time with no gaps in coverage prior to binding of risk.
  • Ensure that all filing and administration on risks is complete and done in a professional manner.
  • Act within limited basic underwriting authority for endorsements as per authority delegated by senior management, adhering to four eyes principle at all times.
  • Adhere to the Company’s internal procedures and guidelines including but not limited to underwriting guidelines and underwriting authorities.
  • Miscellaneous tasks as assigned by the direct manager

Technical Experience

  • 5 years of experience in general lines.

Education

  • University degree is a must or holder of professional qualifications e.g. CII or Dip CII

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Job Summary

Performing motor claims surveys and processing claims accurately in the system.

Main Responsibilities 

1. Survey accident vehicles on a timely basis as requested by claims team in respect of vehicles belonging to the Insured or vehicles damaged due to accident caused by Insured.
2. Survey damages in relation to police report and any other information available.
3. Prepare survey reports in time and ensure they are complete in all respects so that correct documentation is available for the claim files.
4. Register claims in the core IT system and upload survey report and related documents for processing.
5. Appoint independent surveyor for disputed claims as and when necessary by following the correct procedures.
6. Negotiate discounts with dealers/workshops for vehicle repairs in the best interest of the Company with a view to reducing claims cost without compromising on the quality of repairs.
7. Assess and recommend constructive total loss of any vehicle in case of significant damages where repairs are likely to be uneconomical, based on nature/extent of damages and estimated salvage value.
8. Deal with salvage service providers and set realistic reserve price for salvage vehicles.
9. Directly communicate with customers on status of survey in coordination with the Claims team.
10. Ensure best practices and quality service while dealing with workshops, third party insurers, customers and claims team.
11. Adhere to the contents of the Operating Procedures Manual and the Company’s overall internal procedures and policies including claims procedures and guidelines.
12. Perform miscellaneous within the scope of work, as assigned by the direct manager.

 

Education

1. University Degree
2. Background in Automobile Engineering (Diploma or Degree)
3. Professional insurance qualification preferred
4. Bi-lingual (English & Arabic)
5. Enthusiastic, motivated and dedicated

 

Technical Experience

1. Minimum 5 years relevant work experience as motor claims surveyor in an insurance company

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Job Summary 

At SAICO Healthcare, we are looking for a Team Leader – MI and Analytics who will be responsible for developing, producing and delivering regular and ad hoc management information to aid business decision-making for internal and external stakeholders including regulatory reporting, reinsurance, underwriting, actuaries.

 

Main Responsibilities

1. Assist with the production and on-going maintenance of detailed, accurate and consistent monthly / yearly reporting
2. Responsible in data management and analysis of various reports related to claims, pre-authorization, policy table of benefits, reinsurance, actuaries, underwriting and regulatory reports
3. Extract, interrogate and analyse data to support business decision making
4. Assist with the annual business planning and budgeting process
5. Create new reporting models which combine and summarize data from multiple sources using Excel, business intelligence report and other reporting tool
6. Provide interpretation and guidance for users of information to add value to decision making
7. Develop, enhance and monitor staff key performance indicators and actively involved in identifying emerging risks
8. Develop and report various internal matrices to measure TPA performance
9. Develop robust and highly efficient reporting model and organize and maintain data sets
10. Responsible in identifying patterns and trends in data sets
11. Support in development of fraud and abuse data modeling framework
12. Examine large and complex data and turn into meaningful information across internal departments
13. Prepare management presentations

 

Education

1. Graduate (Mandatory)
2. Statistics and analytical background (Preferred)
3. Mathematics (Preferred)

 

Technical Experience

1. Prior experience in MI and Analytics (Mandatory)
2. Excel and macros (Mandatory)
3. Other reporting tool (Preferred)

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Looking for your first job? You’ll be happy to know that we are recruiting fresh graduates’.

We at Damana, are hiring UAE nationals who have recently graduated and looking for entry level opportunities in Human Resources, Marketing / Corporate communications and Office Administration. The way we see it, it’s a great way to introduce you to the Insurance sector.

If you are interested in understanding the insurance sector and pursuing a career with us, send your CV to careers@damana.com and let’s discuss!“

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