Insurance Industry Expert
1 week ago
**Job Title:** Senior Financial Manager
**Job Summary:** We are seeking a highly experienced Senior Financial Manager to join our team at 2 Sigma. The successful candidate will be responsible for leading the financial management function, ensuring the company's financial stability and optimizing portfolio performance.
Key Responsibilities:
- **Investment Strategy and Risk Management:** Develop and execute the company's investment strategy, ensuring alignment with financial goals and regulatory requirements. Oversee the assessment and management of investment risks, implementing robust risk policies to safeguard the company's financial stability and optimize portfolio performance.
- **Audit and Compliance Leadership:** Drive the monthly financial closing process, ensuring compliance with IFRS 17 and other regulatory standards. Lead internal and external audit preparations, including the reconciliation of accounts and broker payables ledgers, and the preparation of balance confirmations.
- **Strategic Financial Oversight:** Lead the financial management function with a focus on optimizing the Accounts Receivables/Payables portfolio, including collections, broker commissions, and premium refunds. Spearhead the transition to a new insurance core system, ensuring seamless integration and minimal disruption to operations.
- **Premium Collection Strategy:** Oversee the strategic approach to premium collections for both direct and broker accounts. Ensure adherence to credit terms and optimize cash flow management through innovative collection strategies.
- **Financial Reporting and Analysis:** Direct the preparation and presentation of weekly and monthly aging and collection reports. Oversee the regulatory reporting at month-end. Provide senior management with comprehensive analysis and insights to inform strategic decision-making and long-term planning.
- **Credit Control Leadership:** Establish and enforce advanced credit control policies and guidelines. Lead efforts to maintain high collection rates through effective communication channels and relationship management with key clients and brokers.
- **Collections Register and Reconciliation:** Ensure the accurate and timely recording of all receipts, including premiums, HAAD payments, and non-AR transactions. Oversee the reconciliation process for broker accounts, ensuring accuracy and compliance with regulatory standards.
- **Premium Accounting Excellence:** Supervise the booking of premium collections within the financial system, ensuring all transactions are correctly reconciled. Lead the processing and payment of broker commissions, ensuring alignment with company policies.
- **Broker Relationship Management:** Manage and enhance relationships with brokers, overseeing the preparation and reconciliation of commission statements. Address and resolve complex issues or disputes with brokers to maintain strong partnerships.
- **Refund and Documentation Compliance:** Oversee the processing of premium refunds, ensuring all transactions meet internal and external compliance requirements. Ensure all financial documentation, including VAT certificates, tax invoices, and regulatory licenses, are accurately submitted and maintained.
- **Advanced Financial Adjustments:** Lead the issuance of manual debit and credit notes for accounting-related transactions, ensuring alignment with financial control policies and monthly closing processes.
- **Cash Flow Management:** Oversee petty cash management, ensuring robust controls, timely disbursements, and accurate replenishment. Implement advanced cash management strategies to optimize liquidity.
- **Operational and System Integration:** Lead the finance function's integration with the new Microsoft Business Central (MBC) accounting system, ensuring the successful implementation of process improvements and simplifications across the finance department.
- **Executive Support:** Provide high-level financial expertise and support to the Head of Finance and CEO, contributing to the strategic direction and financial health of the company.
Required Business Acumen:
- **Industry Expertise:** Extensive knowledge of the insurance industry, particularly within the UAE and GCC markets. Strong understanding of local regulatory requirements, including IA, DOH, and DHA regulations.
- **Advanced Accounting Knowledge:** Expert-level understanding of accounting principles, with a focus on Accounts Receivables and Payables in the insurance sector. Strong knowledge of IFRS 17 and its application in financial reporting.
- **Technology Proficiency:** Mastery of Microsoft Office Suite, particularly Excel, with extensive experience in multiple accounting systems. Proficiency in Microsoft Business Central (MBC) is highly preferred.
- **Regulatory Compliance:** In-depth knowledge of GAAP, IFRS 17, and other relevant financial regulations within the insurance industry. Proven ability to ensure compliance and implement best practices.
- **Financial Systems Experience:** Significant experience with computerized accounting systems, particularly in leading their adoption and optimization within an organization.
- **Executive Communication Skills:** Exceptional communication skills, with the ability to present complex financial data and insights clearly and persuasively to senior management and stakeholders.
Qualifications:
- **Master's Degree in Business Administration, Accounting, Finance, or a related field.** A professional qualification (e.g., CFA, CPA) is highly preferred.
- **Extensive experience in a senior finance role within the insurance industry, with a focus on strategic financial management and regulatory compliance.
-
Insurance Risk Management Professional
1 week ago
Abu Dhabi, Abu Dhabi, United Arab Emirates Marsh McLennan Full timeAbout the RoleWe are seeking a highly motivated and talented individual to join our team as an Insurance Risk Management Professional. As a Graduate Trainee, you will have the opportunity to develop your skills and knowledge in the insurance and risk management industry.Key ResponsibilitiesAssist in the development and implementation of risk management...
-
Fashion Industry Expert
1 week ago
Abu Dhabi, Abu Dhabi, United Arab Emirates Chalhoub Group Full timeJob Summary:We are seeking a highly skilled Fashion Consultant to join our team at Chalhoub Group. As a Fashion Consultant, you will play a crucial role in driving business growth and success.Key Responsibilities:Collect and analyze data on customer behavior, top-selling products, and slow-moving items to inform business reviews and strategic...
-
Premium Auditor
1 week ago
Abu Dhabi, Abu Dhabi, United Arab Emirates Unikomm Full timeAbout the RoleWe are seeking a highly skilled and detail-oriented Premium Auditor to join our team at Unikomm. As a Premium Auditor, you will play a critical role in conducting insurance premium audits for Workers Compensation and General Liability policies.Key ResponsibilitiesConduct thorough audits of policyholder records to determine accurate...
-
Medical Underwriter
1 week ago
Abu Dhabi, Abu Dhabi, United Arab Emirates Altayer Company Full timeJob Summary:Altayer Company is seeking a highly skilled Medical Underwriter to join our team. As a Medical Underwriter, you will be responsible for obtaining quotations, rates, and payment terms from insurance companies and providing quotes to our Business Development Managers.Key Responsibilities:Obtain quotations and rates from insurance companies and...
-
Senior Corporate Risk and Insurance Strategist
2 weeks ago
Abu Dhabi, Abu Dhabi, United Arab Emirates MatchaTalent Full timeJob Description**About the Role**We are seeking a highly skilled Senior Corporate Risk and Insurance Analyst to join our team at MatchaTalent. As a key member of our organization, you will play a critical role in identifying and mitigating risks, developing and implementing risk management strategies, and providing expert advice on insurance solutions.Key...
-
Insurance Program Coordinator
1 week ago
Abu Dhabi, Abu Dhabi, United Arab Emirates MyGwork Full timeJob SummaryWe are seeking a highly skilled and experienced Client Relationship Manager to join our team at MyGwork. As a key member of our organization, you will be responsible for building and maintaining strong relationships with our clients, providing them with expert advice and guidance on their insurance needs.Key ResponsibilitiesClient Relationship...
-
Senior Corporate Risk and Insurance Strategist
2 weeks ago
Abu Dhabi, Abu Dhabi, United Arab Emirates MatchaTalent Full timeJob Description**About the Role**We are seeking a highly skilled Senior Corporate Risk and Insurance Analyst to join our team at MatchaTalent. As a key member of our organization, you will be responsible for providing expert guidance on risk management and insurance strategies to ensure the company's assets and operations are protected.Key...
-
Insurance Manager
7 days ago
Abu Dhabi, Abu Dhabi, United Arab Emirates oilandgas Full timeJob SummaryWe are seeking a highly skilled Insurance Manager to join our team at oilandgas. The successful candidate will be responsible for directing the development and management of insurance strategies to protect the company's business from financial loss due to accidents.Key ResponsibilitiesDirects the development and management of insurance strategies...
-
Industrial Compliance Expert
1 week ago
Abu Dhabi, Abu Dhabi, United Arab Emirates Abu Dhabi Department of Economic Development Full timeJob Responsibilities:As a key member of the Abu Dhabi Department of Economic Development, the successful candidate will be responsible for:Contributing to the development and implementation of standards and procedures for industrial licensing and compliance.Conducting technical evaluations of industrial facilities to ensure compliance with regulatory...
-
Insurance Underwriter Officer
1 week ago
Abu Dhabi, Abu Dhabi, United Arab Emirates Jordan Industrial Full timeJob SummaryWe are seeking a highly skilled Insurance Underwriter Officer to join our team at Jordan Industrial. As an Insurance Underwriter Officer, you will play a critical role in underwriting general/motor insurance policies in accordance with company guidelines, underwriting standards, and regulatory requirements.Key Responsibilities:Policy Underwriting:...
-
Dental Insurance Specialist
1 week ago
Abu Dhabi, Abu Dhabi, United Arab Emirates Saudi Industrial Development Company SIDC Full timeJob Title: Dental Insurance ClerkAbout the Role:We are seeking a highly skilled and experienced Dental Insurance Clerk to join our team at Saudi Industrial Development Company SIDC. As a Dental Insurance Clerk, you will play a crucial role in ensuring the smooth operation of our dental insurance claims process.Key Responsibilities:Verify Patient Insurance...
-
Senior Insurance Manager
7 days ago
Abu Dhabi, Abu Dhabi, United Arab Emirates Michael page Full timeAbout the RoleWe are seeking an experienced and skilled Insurance Manager to join our team at Michael Page. As a key member of our organization, you will be responsible for leading our insurance business and driving growth through strategic planning and execution.Key ResponsibilitiesLeadership and ManagementLead a team of insurance professionals to achieve...
-
Insurance Sales Professional
7 days ago
Abu Dhabi, Abu Dhabi, United Arab Emirates Star Services LLC Full timeJob Summary:We are seeking a highly motivated and results-driven Bancassurance Sales Specialist to join our team at Star Services LLC. As a key member of our sales team, you will be responsible for promoting and selling our insurance products to customers through our banking partners.Key Responsibilities:Build and maintain strong relationships with our...
-
Senior Insurance Manager
7 days ago
Abu Dhabi, Abu Dhabi, United Arab Emirates Michael page Full timeAbout the RoleWe are seeking an experienced and skilled Senior Insurance Manager to join our team at Michael Page. As a key member of our insurance division, you will be responsible for leading our motor insurance portfolio and driving business growth.Key ResponsibilitiesLeadership and ManagementLead a team of insurance professionals to achieve business...
-
Senior Insurance Manager
7 days ago
Abu Dhabi, Abu Dhabi, United Arab Emirates Michael page Full timeAbout the RoleWe are seeking a highly experienced and skilled Insurance Manager to join our team at Michael Page. As a key member of our organization, you will be responsible for leading our insurance business and driving growth through strategic planning and execution.Key ResponsibilitiesLeadership and ManagementLead a team of insurance professionals to...
-
Frac Field Specialist
7 days ago
Abu Dhabi, Abu Dhabi, United Arab Emirates NES Fircroft Full timeWelcome to NES Fircroft, a leading provider of oil and gas industry professionals.We are currently seeking a highly skilled Frac Field Specialist to join our team in the UAE.Job Profile:8+ years of experience in the oil field services industry, with a strong background in frac operations and supervisory roles.Proven track record of success in frac and...
-
Motor Recovery Team Lead
1 week ago
Abu Dhabi, Abu Dhabi, United Arab Emirates Top Notch Consultancy Full timeJob SummaryTop Notch Consultancy is seeking a highly experienced and skilled Head of Motor Recovery to lead our Motor Claims Department. As a key member of our team, you will be responsible for overseeing all aspects of motor recovery operations, including staff management, budgeting, and performance management.Key ResponsibilitiesMotor Recovery Strategy...
-
Optical Payload Expert
3 months ago
Abu Dhabi, Abu Dhabi, United Arab Emirates Serco Plc Full timeOptical Payload Expert - Success Profile Serco is a leading Space Services Provider with thousands of skilled resources that has supported over 50 space missions on behalf of more than 10 Space or Government agencies around the globe, including the ESA and NASA. Serco offers space capability across the full space lifecycle from satellite testing to launch...
-
Senior Insurance Manager
7 days ago
Abu Dhabi, Abu Dhabi, United Arab Emirates Michael page Full timeAbout the RoleWe are seeking an experienced and skilled Senior Insurance Manager to join our team at Michael Page. As a key member of our insurance division, you will be responsible for leading our motor insurance portfolio and driving business growth.Key ResponsibilitiesLeadership and ManagementLead a team of insurance professionals to achieve business...
-
Senior Associate
2 weeks ago
Abu Dhabi, Abu Dhabi, United Arab Emirates ALDAR Full timeJob Description**About the Role**We are seeking a highly skilled Tax Professional to join our team at ALDAR. As a Senior Associate - Tax Expert, you will be responsible for providing expert tax advice and guidance to our clients.Key ResponsibilitiesCorporate Tax Compliance: Ensure accurate and timely tax compliance for our clients, including preparation and...