Motor Underwriting Team Leader

  • Full-time

Company Description

Arabia Insurance draws its strength from 75 years of experience in the Arab and Middle Eastern Insurance Community.  It accompanied the progress and development of the Arab countries and continues to play a key role in the economies of the Middle East countries in which it operates.
A.M. Best Europe – Rating Services Limited has affirmed the “FSR” - Financial Strength Rating of B++ (Good) and the Long-Term “ICR” - Issuer Credit Rating of “BBB”  with stable outlook, to Arabia Insurance Company s.a.l. (AIC) (Lebanon). The outlook for FSR remains stable.

The core of its success lies in understanding our customers and individual needs and maintaining a profound relationship with them. Arabia Insurance Company (AIC) operates through its 10 branches:

 Arabia Insurance Company Branches: 
1- Lebanon (Ein Mreisseh, Tripoli, and Chtaura), 
2- Kuwait, 
3- Bahrain, 
4- Qatar,
5- UAE (Abu Dhabi, Al Ain, Dubai, and Sharjah).

Specialties
Motor, Life, Medical, Property, General Accident & Engineering, Financial, Marine, Travel, Casualty, and Hunting Insurance.

Job Description

Main Job Functions:
1. Leads Motor Underwriting and Operations activities as per SLAs and processes.

2. Ensures proper Implementation of Underwriting Guidelines and Authority Limits.

3. Puts in place strong controls and performs regular Risk Assessment and Quality Assurance reviews.

4. Promotes the Motor Insurance and seeks new opportunities to maintain profitable growth.

5. Implements Motor Strategy and achieves objectives & budget (Top / bottom Line, KPI’s)

6. Follows closely with regulatory requirements and developments.

7. Ensures proper implementation of the Motor Department Policies and Procedures and recommends changes for improvement.

8. Examines insurance proposals.

9. Prepares Offers and Ensures that all documents are complete and that all requirements are in accordance with the terms and conditions that enable him to quote.

10. Works closely with the motor claims team (loss ratio, severity, Jumbo claims, new practices, renewals…)

11. Gathers and assesses information related to client profile.

12. Abides by the agreed upon authority limits.

13. Keeps detailed and accurate records of non-standard cases and decisions made.

14. Issues quotes as per UW guidelines and agreed upon SLAs.

15. Market facing activity (regular visits to brokers, agents, partners and direct customers).

16. Market intelligence (new products, opportunities, tariffs, commissions, trends…).

17. Follows-up on monthly target attainment.

18. Evaluates the performance of his/her staff with the Head of Line.

Qualifications

Academic Qualifications:
Bachelor’s degree in Business Administration or Insurance Studies.
CII certification is a plus.

Key Competencies:

  • 5- 7 years’ experience in the Insurance industry- Motor Underwriting in particular.
  • Good knowledge in motor vehicles, types, models and engine power.
  • Advanced Computer Skills.
  • Leadership and People Management Skills.
  • Capable of building sustainable relationships with Brokers.
  • Strong Interpersonal and Communication skills.
  • Able to perform his/her market facing role.
  • Has good technical skills.
  • Previous experience in managing a team
  • Lebanon Based Candidates only

Additional Information

All your information will be kept confidential according to EEO guidelines.

Thank you for your interest in Arabia Insurance Company. 

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