Our client, a highly reputed & well-established 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 Bachelor\xe2\x80\x99s/Master\xe2\x80\x99s 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 multi-task 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.