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Commercial Insurance Executive
3 weeks ago
Sending renewal intimation list to respective channels as per the protocols.
- Coordinating with accounts & claims department for past claims details pertaining to renewals.
- Preparation of policy summaries for portfolio renewals.
- Scrutinization of the renewal information receive from clients & coordinating with marketing coordinators for any discrepancies.
- Negotiating with insurer for coverage upgrades, discounts, cover extensions etc.
- Arranging alternate quotes for existing renewals & arrange coverage comparisons/recommendations based on the requirement.
- On time renewal placements to insurers, arrange cover confirmations, insurance certificates, bank endorsement & policy documents as per the department protocols.
- Checking the correctness of the renewal documents based on the instructions & coordinate with insurers for any discrepancies.
- Coordinating with Document Processing Team for system entries for respective renewals.
- Ensure that all the regulatory documents are followed up, collected & verified prior to placement of the renewal.
- Evaluate risk control programs received from insurers & coordinate with client’s/marketing team for timely completion.
- Assisting team supervisor & other team members whenever required.
- Working on Non-Motor endorsements requests received from clients/marketing team.
Requirement
- 3-5 years of experience in Commercial Insurance for PIL, PAR, WR.
- Preferred from insurance broker experience.
- Good interpersonal and negotiation skills
- Excellent written and verbal communication skills
- Strong leadership, planning and organizational skills
- Analytical and problem-solving skills
- Ability to handle stress.
**Job Types**: Full-time, Permanent
Pay: AED4,500.00 - AED7,500.00 per month
**Experience**:
- Commercial Insurance: 3 years (required)
- UAE Insurance Brokers Sector: 2 years (required)
Application Deadline: 02/04/2023
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