Insurance Manager at Power International Holding

, , Qatar -

Full Time

Start Date

Immediate

Expiry Date

25 Apr, 26

Salary

0.0

Posted On

25 Jan, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Insurance Management, Risk Assessment, Claims Processing, Policy Administration, Underwriting, Leadership, Insurance Coverage, ERP Knowledge, Insurance Procurement, Legal Knowledge, Geopolitical Understanding, Loss Reporting, Data Analysis, Continuous Improvement, Commercial Risks Management, Loss Adjusting

Industry

Holding Companies

Description

Job Summary The Insurance manager oversees programs to minimize risks and losses that might arise from financial transactions and business operations undertaken by the organization. Directs and manages the implementation of policy administration and ensures proper documentation of all related mandatory documents, policies and other transactions. Job Responsibilities 1 Manage daily insurance requirements of all business unites of the Company following the set policies and procedures for the insurance department, following best practices of insurance management. Conduct risk assessment and ensure assets are insured, data are analyzed and used for continuous improvement and optimization to maximize insurance coverage and maintain feasible insurance cost. Manages the implementation of the Insurance Operations (Commercial Risks) objectives, providing leadership and facilitating work processes to achieve high performance standards. Ensures adherence to the guidelines and effectively managing all underwriting requirements. Carry out annual renewal of insurance policies as per defined policies, procedures, and processes. Conduct daily policy administration (additions, deletions of assets or changes in risk which may require an amendment of insurance cover) Manage claims reporting and settlements with insurance companies and loss adjusters. Prepare and maintain loss details reports, loss ratio records and submit an annual analysis report Job Responsibilities 2 Additional Responsibilities 3 Job Knowledge & Skills Professional insurance certifications such as ACII and FCII Solid foundation knowledge of insurance claims processing, insurance procurement and local markets Understanding of the geopolitical developments within the region an advantage. Knowledge of all related laws, legal codes, court procedures, precedents, government regulations, executive orders Experience of dealing with a broad range of wider insurance markets, underwriters and claims managers within insurance companies General knowledge of industry products, regulations and development ERP knowledge preferably SAP functional skills are a requirement to be successful in this role.Job Experience Minimum 8 year(s) working experience, 5 year(s) relevant working experience, 2 year (s) GCC is a plusCompetencies AgilityResilienceQualityLeadershipClaim Studies L3Property/Casualty Insurance L3Insurance Coverage L3Underwriting L3Risk Assessment L3Education Bachelor's Degree in Finance, Accounting, Economics, Pubic Administration or business administration, and other related field

Responsibilities

The Insurance Manager oversees programs to minimize risks and losses from financial transactions and business operations. They manage daily insurance requirements, conduct risk assessments, and ensure adherence to underwriting guidelines.