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Insurance Executive Motor Underwriting

1.00 to 10.00 Years   Riyadh Saudi Arabia   27 Sep, 2024
Al Futtaim Group
1 Jobs Openings
Job LocationRiyadh Saudi Arabia
EducationNot Mentioned
SalaryNot Mentioned
IndustryRetail & Wholesale
Functional AreaNot Mentioned

Job Description

Job Responsibilities: We are currently seeking an Insurance Executive to assist in the effective Motor underwriting, assessment, and management of insurance policies by supporting senior underwriters in risk evaluation, policy administration, and client interactions. Ensure that accurate data is collected, premiums are calculated appropriately, and clients receive excellent service. What you will do:

  • Maintain pricing models and underwriting tools for effective risk management and accurate premium calculation
  • Support the marketing team by participating in sales activities, building client relationships, and assisting in contract negotiations
  • Analyze and assess various insurance proposals to determine their validity and relevance
  • Collect and evaluate background information related to the risks that need coverage, ensuring accurate risk assessment
  • Work with surveyors and other experts for accurate risk evaluation and reporting.
  • Gather, analyze, and prepare necessary reports on risk assessments, underwriting performance, and market trends
  • Define and impose conditions for different types of motor insurance policies based on risk evaluations
  • Draft and issue policies ensuring all terms, conditions, and legal requirements are clearly stated.
  • Departmental Collaboration: Work closely with the Marketing and Claims departments to ensure smooth operational processes and customer satisfaction

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