UAE National- Motor Underwriting | Financial Services

Al Futtaim Private Company (LLC); United Arab Emirates; On-site; AED 60,000 - 120,000; Full time

Job summary

An established industry player in the insurance sector is seeking a motivated individual to join their team as a Motor Underwriter. In this role, you will assess and underwrite motor insurance applications, ensuring compliance with company policies and regulatory standards. Your strong analytical skills will be crucial in monitoring risk management and determining coverage and premium rates. The company offers a dynamic work environment where you can thrive and develop your career in insurance. If you are proactive and possess excellent time management skills, this opportunity is perfect for you to make a significant impact in the field of underwriting.

Qualifications

• 0-3 years of experience in Motor underwriting with relevant qualifications.
• Strong analytical skills and ability to manage time effectively.

Responsibilities

• Assess and underwrite motor insurance applications per company policies.
• Monitor risk management and analyze submissions for underwriting decisions.

Skills

Analytical Skills

Time Management

Proactive Attitude

Education

Relevant University Degree

General Insurance Qualification

Tools

MS Office (Excel, Word, PPT)

Outlook

Internet Applications

Job description

The successful candidates will be responsible to organise, analyse data, and maintain systematic computerized records related to premiums, which will ensure an efficient control on the underwriting of the company’s business.

What you will do

• Assess and underwrite motor insurance applications in accordance with company policies and regulatory requirements.
• Handle day-to-day underwriting functions in a prompt manner by adhering to the prescribed guidelines and procedures.
• Monitor the progress of risk management of the clients, claims history, and other relevant information to determine coverage and premium rates.
• Scrutinize new submissions received and analyze the risk in line with Underwriting Guidelines in support of underwriting decisions.
• Ensure New & Renewals policy documents, Terms & Conditions and endorsement documents and all service requests are processed accurately and delivered to clients within the defined KPIs.
• Provide the highest standard of customer experience to all business partners & clients.

Desired Candidate Profile

• Strong analytical skills.
• Good skills in MS Office (Excel, Word, PPT), Outlook, and internet applications.
• 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 relevant university degree or general insurance qualification.
• Having over 0-3 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.

Employment Type: Full Time

Company Industry: Insurance

Department / Functional Area: Insurance, Surveying, Actuary

Keywords: Claims Management, Policy Analysis