Insurance Manager

Power International Holding (PIH); Qatar; On-site; QAR 180,000 - 240,000; Full time

Job summary

Power International Holding (PIH) in Qatar seeks an Insurance Manager to oversee company-wide risk programs and policy administration across all business units. You will manage daily insurance requirements, renewal of policies, claims reporting, and loss reduction initiatives while aligning with corporate governance and best practices.

The role requires ACII/FCII certifications, SAP experience, and a strong grasp of GCC markets and local regulations to optimize coverage and cost.

Qualifications

• ACII and FCII professional certifications are required.
• Solid foundation in insurance claims processing, procurement and local markets.
• Understanding of geopolitical developments in the region is advantageous.
• Knowledge of laws, codes, court procedures, regulations and standards.

Responsibilities

• Manage daily insurance requirements of all company business units following set policies and procedures.
• Conduct risk assessment and ensure assets are insured; analyze data for optimization.
• Lead Insurance Operations objectives and drive high performance in processes.
• Ensure adherence to guidelines and manage underwriting requirements.
• Carry out annual renewal of insurance policies and policy administration.
• Manage claims reporting and settlements with insurers and loss adjusters.
• Prepare and maintain loss details reports and annual analysis.

Skills

ACII

FCII

Insurance claims processing

Underwriting

SAP ERP

Insurance markets knowledge

Geopolitical awareness

Education

Bachelor's Degree in Finance/Accounting/Economics/Public Administration/Business Administration

Tools

SAP

Job description

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The Insurance manager oversees programs to minimize risks and losses that might arise from financial transactions and business operations undertaken by the organization. Directs and manages the implementation of policy administration and ensures proper documentation of all related mandatory documents, policies and other transactions.

Job Responsibilities 1

Manage daily insurance requirements of all business unites of the Company following the set policies and procedures for the insurance department, following best practices of insurance management.

Conduct risk assessment and ensure assets are insured, data are analyzed and used for continuous improvement and optimization to maximize insurance coverage and maintain feasible insurance cost.

Manages the implementation of the Insurance Operations (Commercial Risks) objectives, providing leadership and facilitating work processes to achieve high performance standards.

Ensures adherence to the guidelines and effectively managing all underwriting requirements.

Carry out annual renewal of insurance policies as per defined policies, procedures, and processes.

Conduct daily policy administration (additions, deletions of assets or changes in risk which may require an amendment of insurance cover)

Manage claims reporting and settlements with insurance companies and loss adjusters.

Prepare and maintain loss details reports, loss ratio records and submit an annual analysis report

Job Knowledge & Skills

Professional insurance certifications such as ACII and FCII

Solid foundation knowledge of insurance claims processing, insurance procurement and local markets

Understanding of the geopolitical developments within the region an advantage.

Knowledge of all related laws, legal codes, court procedures, precedents, government regulations, executive orders

Experience of dealing with a broad range of wider insurance markets, underwriters and claims managers within insurance companies

General knowledge of industry products, regulations and development

ERP knowledge preferably SAP functional skills are a requirement to be successful in this role.

Job Experience

Minimum 8 year(s) working experience, 5 year(s) relevant working experience, 2 year (s) GCC is a plus

Agility

AI Fluency

Build High-Performing Teams

Provide Direction

Insurance Knowledge L3

Insurance Claim Processing L3

Insurance Verification L3

Healthcare Billing and Insurance Verification L3

Insurance Standards/Proc/Law/Regulations L3

Resilience

Quality_321977507

Leadership_321977503

Education

Bachelor's Degree in Finance, Accounting, Economics, Pubic Administration or business administration, and other related field