Description
Organization:Well known Insurance Organization in UAE.ROLE PURPOSE:The job holder is responsible to review and carry out thorough risk assessment with new/renewal business adhering to the Underwriting Guidelines as per the assigned authority limits forprofitability and sustainability of the company's Property portfolio.Policies, Processes and Procedures:Follows all relevant policies, processes, standard operating procedures so that work is carried out in a controlled and consistent mannerMaintains effective relation with clients (and prospective clients)Submits cases to Supervisor/Asst. Manager which are above the authority limitUnderwriting Activities (New Business and Renewals):· Prepares quotes in line with corporate guidelines and underwriting authority limit· Prepares renewal notices and follow-up renewal with clients & producers· Prepares Property quotations, and summary of benefits and premium rates for issuance of policies· Maintains proper filing· Sends Cover Confirmation to Operations Department for system booking· Provides Reports (claims, production, renewals ... ) as and when required,· Liaises with Claims dept. for loss ratios for processing Renewals· Liaises with Operations on system bookings· Checks the standard questionnaire/ proposal form received from the POSDocumentation and Administrative Work:· Prepares Quotations/tenders and all data required for tenders.· Prepares/Checks faxes/other communications to clients/brokers.· Prepares Risk Assessment Forms· Maintains/checks files for the clientsCooperation:· Cooperates with internal departments/divisions as well as branches to achieve efficient & timely transfer of informationReports:· Provides Management with appropriate reports regarding the unit and compliance with operational policy and procedures.Qualifications:. Minimum bachelor's degree in business administration.· 0-1 Years of relevant experience.. Full Professional Proficiency in English language.