Job Purpose
Provide group-wide leadership and strategic oversight of the complete insurance portfolio of Easy Lease Motor Cycle Rental and Easy Lease Group companies The role owns insurance strategy risk transfer policy placement renewals claims cost optimization compliance and insurer broker relationships across motor fleet property liability health employee-related and other corporate insurance lines
KEY ACCOUNTABILITIES OF THE ROLE
Key Responsibilities
- Develop and implement the Group insurance strategy governance framework policies procedures and annual insurance plan
- Own the complete insurance portfolio covering motorcycle fleet motor property business interruption general public liability employer workmen compensation group personal accident medical health money equipment machinery cyber D O and other specialist covers as applicable
- Lead motor and fleet insurance for the Group s large motorcycle and vehicle portfolio including additions deletions endorsements renewals certificates policy administration and coverage adequacy
- Oversee property and asset insurance for workshops offices warehouses equipment inventory and other Group assets including appropriate valuations and business interruption exposure
- Manage Group medical insurance and employee-related covers in coordination with HR including renewals benefits claims trends utilization and cost management
- Lead the end-to-end claims process ensuring timely notification documentation assessment settlement recovery and closure monitor high-value disputed and aged claims
- Lead negotiations with insurers brokers TPAs loss adjusters and surveyors on premiums deductibles limits exclusions warranties policy terms and service levels
- Conduct insurance market benchmarking and competitive tendering to achieve appropriate coverage and commercially optimized premiums without compromising material risk protection
- Identify assess and monitor insurable risks across fleet workshop property operations employees contracts and Group businesses recommend mitigation and risk-transfer measures
- Ensure insurance requirements arising from UAE regulatory requirements contracts leases financing arrangements and business activities are appropriately addressed
- Maintain a centralized insurance register renewal calendar policy certificate repository claims register and coverage matrix for all Group entities
- Prepare annual insurance budgets forecasts and management reports covering premiums claims recoveries loss ratios outstanding claims renewals and key risk exposures
- Establish service standards and performance expectations for brokers insurers TPAs surveyors and other insurance service providers escalat[e] material service failures
- Partner with Finance Legal HR Fleet Workshop Operations Facilities and subsidiary management to strengthen risk controls and reduce claim frequency and severity
- Lead and develop the insurance team set KPIs strengthen controls and drive process improvement reporting automation and centralized Group insurance management
- Provide senior management with clear recommendations on material risks policy gaps major claims renewal decisions cost exposures and emerging insurance requirements
Bachelor's degree in Insurance, Risk Management, Finance, Business Administration or a related discipline.
Professional insurance/risk qualification (e.g., ACII, CPCU or equivalent) is an advantage.
Strong knowledge of UAE insurance market practices and commercial insurance principles.
10–12+ years of relevant insurance experience, including substantial corporate/commercial insurance exposure.
Proven Group-level ownership of multiple insurance lines and complex claims portfolios.
Strong UAE/GCC experience with insurers, brokers, TPAs, surveyors and loss adjusters.
Demonstrated experience in motor/fleet insurance; rental, leasing, automotive, logistics or transportation exposure preferred.
Insurance & Risk Management
- Claims Management
- Commercial Negotiation
- Policy & Contract Review
- Financial & Cost Management
- Broker/Insurer Management
- Stakeholder Management
- Leadership & Team Development
- Analytical & Management Reporting
- Problem Solving & Decision Making
- Motor, fleet, property, liability, health/medical and corporate insurance.
- Policy wording, coverage limits, exclusions, deductibles, endorsements and warranties.
- Claims assessment, negotiation, settlement and recovery processes.
- Insurance tendering, premium benchmarking and renewal negotiations.
- Risk assessment, loss analysis, claims analytics and insurance budgeting.
- Advanced Microsoft Excel and strong reporting/analytical capability.
- Ability to interpret contracts and identify insurance obligations and coverage gaps.