Fga Underwriter

2 weeks ago

Dubai, Dubai, United Arab Emirates Compass Insurance Brokers LLC Full time

Responsibilities

Underwriting and managing FGA department
Studying various insurance proposals, gathering, and assessing background information.
Properly sharing the complete available proposal with the suitable insurers.
Timely arranging of quotations, cover notes, policies and endorsements.
Analyze risks and decide whether the which insurance company will offer coverage.
Monitoring that renewal notices should be issued in a timely manner.
Retain maximum renewal.
Keeping detailed and accurate records of policies underwritten and decisions made.
To ensure subsequent followup & reminder.
Calculating possible risk and deciding how much individuals or organizations should Pay for insurance (the premium).
Ensuring that premiums are competitive.
Liaising with the clients to clarify their queries.
Negotiating terms with policyholders.
Efficient coordination with other departments and providing services to clients.
Handling the portals of the retail products, like as Home, SME packages, Marine, etc.
Liaising with specialists, such as surveyors for risk assessment.
Screening the documents for the compliance purpose.
Make ensuring, after receiving the documents like DN, CN, Policies from Insurance Companies will be entered in our Practora software.
To analyze and ensure processing of all claims as per insurance companies' policy.
Correspondence and follow up with Insured, Loss Adjusters, Insurance Cos., Repair Agency, Third party Insurers etc.

Salary:
AED3, AED4,000.00 per month