Head of Insurance Support for Qatar - Dubai
VINIRMA Consulting is currently looking for Head of Insurance Support for one of its clients which is a leading Organizations in Qatar with the following terms and conditions.
KNOWLEDGE & EXPERIENCE:
• Bachelor’s Degree in any discipline, preferably management
• Software development/management skills and coordination with internal IT department and external vendors for software’s
• A Diploma or Master’s degree in Business Administration is a plus.
• Professional Certification from the Chartered Insurance Institute (CII) or equivalent body is beneficial but not essential.
• 14 to 18 years’ experience in insurance business with at least 3 years in supervisory level
• Strong understanding of insurance operations, compliance requirements, KPI setting, insurance software’s and basic programming with insurance domain knowledge
SKILLS & COMPETENCIES:
• Policies, Procedures & Work Methods Knowledge
• Costing & Budgeting Skills
• Communication Skills
• Planning & Organizing Skills
• Business Understanding Skills
• Report Writing & Drafting Skills
• Analytical Skill and Detail Oriented skill
• Decision making skill
• Interpersonal skills
• Reinsurance
• Underwriting ability
• Operations control
• Time management
• Software skills and basic programming with insurance domain knowledge
KEY ACCOUNTABILITIES:
Underwriting/Reinsurance team support
• Register all incoming entries (direct/reinsurance new/renewal as well as all endorsements) in CTS & RIMS
• Forward to concerned Line of Business
• Follow-up with respective LOB for open items ahead of KPI dates
• Ensure closing of entries within timeframe
• Report to GI management on bi-weekly basis on incoming entries, ongoing, closed and outstanding enquiries. Send alerts to respective LOB before month end closing date
• Register and maintain RFQ/Tender register
• Tender process – from collection to arranging bank guarantees to prepare base presentation to be sent to line of business and collection completed tender documents, preparing cover letter, arranging for submission of tender to concerned companies.
• Update tender register.
• UW & RI Department KPI follow-up
• Send renewal list to each line of business and start renewal process
• KYC/TR screening process – Coordinate with AML / LOB/counterparties on KYC/TR Screening and completing the process for new and renewal accounts then pass on file to concerned LOB. Initiate HRBAF process and forward to UW team
• Coordinate with Finance and concerned LOB on reconciliation matters. Report to GI management on progress made
• Coordinate with respective LOB and other department with regard to Supplier/Customer code creation Generate monthly reports/statistics for GI management
ROLE PURPOSE:
Responsible for the assisting in the development and formulation of the documentation and support strategy for General Insurance Underwriting Division Organization, based on which the underwriting policies, procedures, plans and manuals are established that aids in achieving group underwriting results. The Head of Insurance Support will ensure document control by timely registration of enquiries, AML/KYC initiation process, follow-up with UW team on outstanding documentation, tender preparation, assist in carrying out Research & Development to design new insurance products, product mixes; and to plan the launching of new products across Organization synergizing capabilities; holding client seminars, conferences, conducting awareness programs and ensuring adherence to the policies and procedures, laws, in order to achieve Organization’s set goals and objectives. Coordinate IT requirements from GI dept
with IT department and ensure it is all addressed in timely manner
Terms and conditions
Joining time frame: 2 weeks (maximum 1 month)
Should you be interested in this opportunity, please send your latest resume in MS Word format at the earliest at want2be@vinirma.com
It is NOT ok to contact this poster with other commercial interests.