Assistant Manager Motor Underwriting

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Intelligent Solutions Recruitment Specialists
Dubai
AED 60,000 - 120,000
Be among the first applicants.
2 days ago
Job description

General Overview:

Our client, a highly reputed & well-established Insurance Company, is looking to hire an Assistant Manager Motor Underwriting to join their team in the UAE. We are looking for candidates with over 5 years of experience in Motor Underwriting to drive the profitability goals of the Business.

Key Responsibilities:

  • Lead a team of successful Motor Underwriters and drive performance and engagement within the team.
  • Communicate and implement operational strategies for the underwriting Service Delivery team.
  • Study the risks; analyze data and collect information to proceed with risk acceptance or rejection.
  • Underwrite complex risks in accordance with defined limits of authority or class authority organizational policy and underwriting standards.
  • Must be able to effectively conduct Portfolio analysis.
  • Engage in the implementation of Product Design and Pricing strategies.
  • Exercise proper underwriting pricing and discipline to meet profitability goals.
  • Conduct an analytical review and capitalize on market opportunities by responding to tenders.
  • Negotiate policy terms with clients and/or consultants and/or brokers.
  • Ensure all personal accreditation levels and compliance requirements are adhered to.
  • Ensure the Underwriting Team has adequate accreditation to service their intermediaries.
  • Establish and maintain relationships and lines of communication with internal and external stakeholders.

Qualifications & Experience:

  • 5 to 8 years of experience in a similar role within the Motor Department.
  • Holder of insurance certificates (ACII preferred) along with a Bachelor's/Master's degree in Business Administration or Finance.
  • Proven leadership experience within the motor sector.
  • Proven knowledge of relevant market conditions for specific classes/portfolios.
  • Experience in identifying and building profitable schemes creating and developing new products.
  • Strong written and verbal communication skills.
  • Must have excellent negotiation skills.
  • Strong client-facing/presentation skills.
  • Previous project management and reporting experience is essential.
  • Ability to multitask and manage multiple performance metrics.
  • Ability to keep a proactive pulse on the business and provide quick response as required.
  • Able to make quick decisions, good judgment, and analytical skills.

Required Experience: Manager

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