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- Ensures development and implementation of operational policies and procedures and provide guidelines as and when required, throughout the company.
- Develop and review the strategic Plan for the division aligned with the corporate goals and objectives.
- Perform periodic review of operational system with a view to aligning organization targets with operational network in terms of manpower resources, IT resources and infrastructural setup.
- Present annual department budget relating human resource and expense requirements for onward review and approval by the CEO.
- Monitor the actual business figures verses budget and take necessary steps to fill the gaps.
- Supervise assessment of proposals for risks and appropriate rating/price mechanism for all classes of insurance.
- Ensures risk inspection performed for major risks and/or any other risks deemed necessary to protect the first loss limit as per reinsurance arrangement of the company.
- Ensures risks are underwritten as per company’s reinsurance strategy and take appropriate actions in case of any deviation(s).
- Ensures placement of facultative reinsurance of risk exceeding company’s treaty arrangement in coordination with reinsurance department.
- Ensures compliance with operational guidelines of the division and take appropriate actions in case of any deviation(s).
- Monitor underwriting performance in terms of business growth and ensure corrective measures as and when required.
- Disseminate insurance related information as and when required.
• Participate in various committee(s) and meeting(s) as and when required.
• Build and maintain relationships with representatives of other insurance companies and insurance brokers.
• Ensures resolution of queries of internal and external auditors.
• Represent the Company to major clients as and when required by the marketing staff and branches.
• Supervise the operational matters relating to the underwriting and claims for the major clients unit of the Company.
• Supervise the operational matters regarding business underwritten through registered insurance Brokers.
• Ensures development of Management Information Reports in coordination with IT department.
• Ensures accuracy of insurance related statistics for onward submission to government/regulatory authorities.
• Ensures human resource of the division is motivated.
• Ensures capacity building interventions within the company to develop internal resources.
• Represent the company at different forums, platforms, trade associations, etc., as and when required by the CEO.
• Perform any other work assigned by the CEO.
• Strong leadership & management skills
• Excellent communication & presentation skills
• Must be a Saudi National
Job Details
| Date Posted: | 2017-10-16 |
| Job Location: | Jeddah , Saudi Arabia |
| Job Role: | Administration |
| Company Industry: | Insurance |
Preferred Candidate
| Career Level: | Executive/Director |
| Nationality: | Saudi Arabia |
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