Sr. Underwriting Officer - Alghanim Industries

lxbfYeaa - Kuwait - Kuwait
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

EducationThis job has been sourced from an external job board.

More jobs on https://www.qureos.com/
Post date: 20 August 2024
Publisher: LinkedIn
Post date: 20 August 2024
Publisher: LinkedIn