Sr. Underwriting Officer, Alghanim Industries, Kuwait

This job is OPEN to APPLY for ALL Nationalities, unless otherwise specified.

Read the Job Description, and scroll down for "Details to Register for this Job" to APPLY...


Date: 13 Aug 2024

Location:
KW

Company:
Alghanim Industries

Long Description Job Summary
The role requires the agent to carry out the day-to-day issuances of policies (All lines) in accordance with instruction from Underwriter / Manager as per express or implied policies, processes and procedures of the company; using information and knowledge of market practices, more in a decisive level to independently judge and correctly act to the call of day to day process situations
Job Responsibilities
  • Issue quotations as per clear instructions from Underwriters
  • Liaise with customers and inter-departments to satisfy the procedural checks in relation to policy issuance
  • Take in advance, monthly renewal reports and seek Underwriting opinions on the same and thereafter own the timely issuance of renewals
  • Able to give suggestions on a mediocre basis to Underwriters in order to learn the trade
  • Handle walk in and email customer queries on in house products
  • Review account performance, claims information and payment history client wise
  • Import and sort various reports as and when called for by the management
  • Manages book of new & renewal business as generated by the underwriters
  • Able to reply to re-insurer queries in support with Underwriters
  • Evaluates client documents, order the risk to be ready for Underwriter assessment
  • Handle customer inquiries
  • Coordinating with claims, IT and Finance department
  • Have a general idea about underwriting changes in the market
  • Learn new products within or outside the same line
  • Create and manage a proper documentation, both soft and hardcopies without errors and omissions of important communication
  • Error free document issuance
  • Formalize and summate figures for Underwriting analysis of the Treaty figures in last quarter
  • Able to lead and own any product channel, guide with its marketing ideas
  • Examines and evaluates documents such as applications, inspection reports, financial reports, claims history and any other pertinent information to determine degree of risk, underwriting and appropriate market.
  • Accepts, prices and binds insurance within underwriting authority, refer business to senior underwriting staff, company underwriter or brokers beyond authority.
  • Has direct knowledge of the job skills in the underwriting positions including clear understanding of insurance processing systems, cancellations, policy change and calculations
  • Taking ownership to improve intra Alghanim relations with more open talks
  • Responsible for the overall process C-SAT score
Candidate Requirements

Candidate Requirements:
  • Must be in an underwriting role with minimum 2 years of underwriting experience.
Education:
  • Bachelor’s/Master’s Degree or equivalent in any discipline
  • A Certification holder of CERT CII shall be an added advantage



DETAILS TO REGISTER FOR THIS JOB:
NOTE: ATS-friendly CV is COMPULSORY!

https://careers.alghanim.com/job/Sr_-Underwriting-Officer/1108851401/


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