Insurance Underwriter
2 weeks ago
GIG Gulf is a leading insurer in the Middle East and North Africa, operating in 13 markets including the UAE, Bahrain, Oman, Qatar, Saudi Arabia, Algeria, Egypt, Iraq, Jordan, Kuwait, Lebanon, and Turkey. Our group reported consolidated assets of US$ 3.83 billion and $69 million net profit for the year.
We are an 'A' rated regional insurer with a top 5 position in each of our markets (UAE, Oman, Qatar, Bahrain). We have been present in the region for over 70 years, focusing on growth and investments. Our strategic objectives and guiding principles are centered around Regional Growth, Customer Experience, and Digital Transformation.
To be part of our Motor Commercial UW/Production Team, you will work on quoting and issuing Motor policies in line with current underwriting guidelines. This includes ensuring quotations, policies, endorsements, and invoices are issued in accordance with GIG Underwriting guidelines and best practices.
Key Responsibilities
- Coordinate and execute timely production of commercial motor policies and ensure accuracy of documents in line with customer/broker agreements.
- Underwrite (rate, accept and arrange to issue policies and renewals within authorities delegated).
- Prepare quotations and offer underwriting terms to brokers and customers against business enquiries within delegated underwriting authority as per RO guidelines and within agreed time frames.
- Ensure all policy and related documents are dispatched/delivered to customers/brokers within shortest possible time and a record is maintained.
- Identify and refer all risks outside personal authority limit to relevant manager.
- Provide technical guidance and support where necessary.
- Supervise Renewal process in conjunction with Underwriting Manager.
- Assist/support client & brokers for any queries and requests.
- Accurately process all associated data entry and accounting policy documentation (new/renewal/endorsement/certificate).
Operational & Technical Responsibilities
- Ability to build and maintain relations with GIG Gulf teams, brokers, and clients.
- Follow UW guidelines and all other internal company procedures.
- Being comfortable in taking ownership and decision making.
- Adherence to SLAs.
- Ensure timely and accurate delivery in terms of all enquiries received.
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