Director of Insurance Operations

Wathiqa Broker for Cooperative Insurance; Riyadh Region; On-site; SAR 450,000 - 750,000; Full time

Job summary

Wathiqa Broker for Cooperative Insurance seeks a senior executive to lead the strategic development of insurance products across health, life, and general lines in Riyadh. The role requires setting ambitious targets, budgeting, and ensuring effective implementation of policies and procedures company-wide.

The ideal candidate has a bachelor's degree in a management field, 15 years of relevant experience, strong leadership and analytical skills, and may hold specialized insurance certification.

Qualifications

• Bachelor's degree in business administration, insurance, or any other management field.
• Excellent communication skills.
• Fifteen years of work experience.
• Specialized certification in insurance is preferred.

Responsibilities

• Develop a strategic plan for insurance products in line with the objectives set by the management board.
• Set goals and targets for health, life, and general insurance within the company.
• Oversee the development of policies, programs, procedures, and practices that will achieve the set objectives and targets.
• Ensure that insurance policies and procedures are effectively and efficiently implemented within the company.
• Establish an annual budget for the operations unit.
• Issue policies and pricing proposals for employee health insurance.
• Assess risks, determine payable premiums, and establish terms, conditions, and specific requirements.
• Manage appropriate premium payments related to health, life, and general insurance policies.
• Analyze existing policies to identify key clients.
• Respond to client complaints promptly and log complaints for tracking and reporting.
• Evaluate the performance of your team and recommend annual bonuses accordingly.
• Undertake any other tasks assigned by the executive president.

Skills

Leadership

Analytical skills

Advanced management skills

Creative and critical thinking

Education

Bachelor's degree in business administration, insurance, or any other management field

Job description

Responsibilities:

• Develop a strategic plan for insurance products in line with the objectives set by the management board.
• Set goals and targets for health, life, and general insurance within the company.
• Oversee the development of policies, programs, procedures, and practices that will achieve the set objectives and targets.
• Ensure that insurance policies and procedures are effectively and efficiently implemented within the company.
• Establish an annual budget for the operations unit.
• Issue policies and pricing proposals for employee health insurance.
• Assess risks, determine payable premiums, and establish terms, conditions, and specific requirements.
• Manage appropriate premium payments related to health, life, and general insurance policies.
• Analyze existing policies to identify key clients.
• Respond to client complaints promptly and log complaints for tracking and reporting.
• Evaluate the performance of your team and recommend annual bonuses accordingly.
• Undertake any other tasks assigned by the executive president.

Skills:

Bachelor's degree in business administration, insurance, or any other management field.

Excellent communication skills.

• Leadership skills.
• Analytical skills.
• Advanced management skills.
• Creative and critical thinking skills.

Fifteen years of work experience.

• Specialized certification in insurance is preferred.

Required work experience:

• Fifteen years of work experience.
• Specialized certification in insurance is preferred.

Skills

Bachelor's degree in business administration, insurance, or any other management field.

Excellent communication skills.

• Leadership skills.
• Analytical skills.
• Advanced management skills.
• Creative and critical thinking skills.

Fifteen years of work experience.

• Specialized certification in insurance is preferred.

Required work experience:

• Fifteen years of work experience.
• Specialized certification in insurance is preferred.