Insurance Specialist Accounting/Banking/Finance jobs in ksa

Accounting/Banking/Finance Jobs in Saudi Arabia Insurance Specialist
Jobs Accounting/Banking/Finance Jobs in Saudi Arabia in Saudi Arabia

• Prepare Annual Insurance Plan and Budget based on projects and properties.
Obtain Quotations from insurance companies for newly acquired coverage.
Analyze the offers of different insurance provider and preparation of a comparative analysis for management selection
• Co-ordinates with all divisions, the implementation of procedures for acquiring coverage for the Company assets and liabilities.
• Track expiry dates of insurance policies to ensure all policies are timely renewed & re-negotiate renewals
• Ensures the policy renewals, payment of premiums and pursuit of claims are in accordance with Company policies.
• Co-ordinates all the clients blanked insurance policies and to ensures that the various Company assets (plants, machinery, stock, new projects, liability, etc.)
• Carry adequate insurance coverage in accordance with the company’s policy standard.
• Verification and updating the list of Motor Fleet and Heavy Equipment in co-ordination with concerned Divisions for renewal of Blanked insurance policy
• Co-ordinates with Risk Management Department to ensure that the insurance clauses are revised and updated for inclusion in all types of contracts and agreements.
• Supervises more than 25,000 Employees & their dependents Health & Medical Insurance(Class VIP/A /B/C)
• Following and maintaining record of up loadings with CCHI (The Council of Cooperative Health Insurance & NAJM system on time - Follow up insurance claims and get them closed to reduce down time.
• Studies insurance claims and incident reports, collects the necessary information, advises the concerned Divisions on required documents. Health, Death & Accidental Claims, Vehicles & Total Loss, Property Damages Claims
• Involved with overall Insurance Finance & Accounting, Reconciliations, Debit/Credit Notes, Statistics and loss ratio’s Insurance Payables (Insurance PREPAIDs and Amortization), Coordinate with the general accounting section any insurance related issues for proper handling in the book of accounts.

Job Details

Date Posted: 2016-07-31
Job Location: Eastern Province, Saudi Arabia
Job Role: Accounting/Banking/Finance
Company Industry: Construction

Preferred Candidate

Career Level: Mid Career
Gender: Male
Nationality: Egypt; India; Philippines; Pakistan
Degree: Bachelor's degree

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