Bayt.com
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Job Description

Job Responsibilities:     

We are currently seeking an Insurance Executive to assist in the effective Motor underwriting, assessment, and management of insurance policies by supporting senior underwriters in risk evaluation, policy administration, and client interactions. Ensure that accurate data is collected, premiums are calculated appropriately, and clients receive excellent service.

 

What you will do:

  • Maintain pricing models and underwriting tools for effective risk management and accurate premium calculation
  • Support the marketing team by participating in sales activities, building client relationships, and assisting in contract negotiations
  • Analyze and assess various insurance proposals to determine their validity and relevance
  • Collect and evaluate background information related to the risks that need coverage, ensuring accurate risk assessment
  • Work with surveyors and other experts for accurate risk evaluation and reporting.
  • Gather, analyze, and prepare necessary reports on risk assessments, underwriting performance, and market trends
  • Define and impose conditions for different types of motor insurance policies based on risk evaluations
  • Draft and issue policies ensuring all terms, conditions, and legal requirements are clearly stated.
  • Departmental Collaboration: Work closely with the Marketing and Claims departments to ensure smooth operational processes and customer satisfaction


Skills

Required skills to be successful:

  • Attention to details
  • strong analytical skills
  • Good 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:

  • Holding a Higher Secondary or relevant university degree or general insurance qualification
  • Having over 2-4 years of work experience in the field of Motor underwriting handling similar job responsibilities.
  • Experience and sound technical knowledge in handling motor retail and fleet underwriting and operations or related line of insurance
  • Ability to prioritize workload in meeting deadlines and agreed TAT
  • Living in Riyadh- Saudi Arabia


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Al Futtaim Group logo
Al Futtaim Group
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Established in the 1930s as a trading business, Al-Futtaim is one of the most progressive regional business houses headquartered in Dubai, United Arab Emirates. Structured into six divisions; automotive, retail, electronics, engineering and technology, real estate, financial services and general services, Al-Futtaim operates through more than 60 companies and maintains a decentralised approach, giving individual businesses flexibility and versatility to maintain a competitive stance. Employing in excess of 20,000 people across the UAE, Bahrain, Kuwait, Qatar, Oman, Egypt, Syria, Pakistan, Singapore and Europe, this approach benefits employees, providing a clearly defined work culture where individuals are empowered with authority and responsibility for their work. The success of Al-Futtaim is attributed to proactively managing change whilst upholding the values of integrity, service and social responsibility. The majority of businesses, built on a portfolio of world leading brands, dominate their sector.

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