Assistant Vice President - Jebel Ali Branch | Financial Services| Orient Insurance PJSC
Location: AE Established in the 1930s as a trading business, Al-Futtaim Group today is one of the most diversified and progressive, privately held regional businesses headquartered in Dubai, United Arab Emirates. Structured into five operating divisions; automotive, financial services, real estate, retail and healthcare; employing more than 35,000 employees across more than 20 countries in the Middle East, Asia and Africa, Al-Futtaim Group partners with over 200 of the world's most admired and innovative brands. Al-Futtaim Group’s entrepreneurship and relentless customer focus enables the organization to continue to grow and expand; responding to the changing needs of our customers within the societies in which we operate.
By upholding our values of respect, excellence, collaboration and integrity; Al-Futtaim Group continues to enrich the lives and aspirations of our customers each and every day.
Job description
The successful candidates will be responsible to generate and secure new business and retain renewal business to achieve and exceed the company’s business and operational objectives in a profitable manner consistent with high standard of professionalism and client satisfaction .
What you will do:
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Development of New Insurance Products The job holder participates in the development and introduction of new insurance products which meets the changing business requirements in the local and international market
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Marketing Strategy Develop an effective marketing strategy in consultation with the Senior Managing Director and other members of the management team and prepare plans to implement the same in an efficient manner in order to improve the image and market share of the company
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Broker, Branches\Agency Business Development Prepare effective plans and monitor the performance and control the business generated through designated Brokers, Branches and agencies to increase the profitability of the company
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Premium Collections (Outstandings) Review and monitor the premiums dues from the clients/brokers in order to minimise the credit risk exposure
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Management Reports Collect and collate information about business and market conditions and data related thereto, prepare reports and formulate appropriate recommendations for Management Information & Decision Making in order to counter competition
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Client Services\ Satisfaction Ensure that the effective and efficient service is provided to the clients, brokers and agencies
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Selection\Appointment of Agents, Development Officers & Brokers Identify and recruit in consultation with Senior Managing Director, highly motivated and experienced field and sales staff, & appoint brokers agents in order to effectively cover and exploit the market potentials for generating higher revenues
Required skills to be successful:
Excellent communication skills and analytical ability Excellent selling skills Strong interpersonal & analytical skills Attention to details Strong skills in MS office (Excel, Word, PPT) Outlook and internet application Proactive and self-motivated Time management and focused delivery of deadlines Ability to perform under pressure & perform multiple tasks simultaneously
What equips you for the role:
Minimum Required - Bachelor’s Degree (Commerce/Science / Arts / Business Administration) Desired - Associate of Chartered Insurance Institute, London or equivalent Having over 4-6 years of work experience in the field in a senior managerial position handling similar job responsibilities Experience and sound technical knowledge in general Insurance with particular emphasis on Marine, Hull & Cargo, Non Marine, Motor, Life & Medical Ability to prioritize workload in meeting deadlines and agreed TAT
About Orient Insurance PJSC:
Orient Insurance Company commenced operations in 1982 as a part of the reputed Al-Futtaim Group and has since recorded a progressively steady growth. The Company is counted among the leaders in the UAE insurance market. Orient Insurance Company has a paid-up capital of AED 500 Million which is the highest in the insurance industry in UAE. With head office in Dubai, the company serves its clientele through an extensive branch network in Jebel Ali, Abu Dhabi, Al Ain, Sharjah and Ras Al Khaimah in UAE, Muscat in Sultanate of Oman and Bahrain.
