Accountant - General Insurance , Risk, Payable & Treasury

Parker Connect; Dubai; On-site; AED 120,000 - 200,000; Full time

Job summary

A leading company in the UAE is seeking a skilled Insurance and Trade Finance Officer. The ideal candidate will have strong experience in risk management and maintaining insurance policies. Responsibilities include coordinating with banks, managing claims, and ensuring compliance in insurance and trade activities.

Qualifications

• 2-3 years of experience in Risk management & Trade Finance within a large organization
• Fluency in English; Arabic knowledge is an advantage.

Responsibilities

• Maintain all General Insurance policies and liaise with insurance companies.
• Negotiate with insurance brokers for policy renewals.
• Open import LCs and manage communication with banks.

Skills

Proficiency in MS Excel

Risk assessment

Relationship management

Education

Bachelor of Commerce/CA Inter/CMA Inter

Tools

ERP SAP

Job description

Process/operational

• Maintain all General Insurance policies — Property All Risk, Marine, Motor fleet and other policies "
• Liaising with the Insurance companies related to Trade and General insurance and its compliance
• Co-ordinate with Projects team on Erection insurance and add the completed projects to General Insurance
• Negotiating with insurance brokers for renewal of all types of Insurance Policies and ensure the policy must be renewed before the expiry of the existing policies with best possible rates.
• To raise insurance claims as applicable based on damage information received from various departments and co-ordinate with concerned teams till settlement.
• Assess risk activities and propose / arrange new insurance policies
• Opening of import LCs based on the requirement
• Arrange to release the import documents from the banks and handover to Supply Chain team
• Maintain active relationships with banks and provide the required documents along with updated KYC to banks/financial institutions.
• Correspondence with Banks & others through calls / e-mails related to official and staff matters.
• Providing information to Internal and External Auditors for smooth completion of the audits
• Knowledge of preparing Bank Reconciliation Statements

Education & Experience

• Bachelor of Commerce/CA Inter/CMA Inter
• 2-3 years of experience in Risk management & Trade Finance within a large organization

Specific Knowledge

• Proficiency in MS Excel and ERP SAP
• Fluency in English, Arabic knowledge is added advantage
• Dealing with Banks & Insurance vendors