Head of Insurance Underwriting Client of PageExecutive Posted on January 15, 2020 6 - 7 years Saudi Arabia - Saudi Arabia Bachelor of Arts(Economics). Any Nationality Easy Apply Login To ApplyRegister & ApplyApply Without Registration Send Me Jobs Like This SEND Alert Set Successfully Opening 01 Job Description EMAIL JOB SEND Email sent successfully. SHARE JOB A Leading Financial Institution actively contributing to the growth of the kingdom and achieving 2030 vision goals.Job DescriptionUnderwriting LeadershipOversees the firm's insurance underwriting operations and guides the development of underwriting policies and standards.Collaborates with senior management to develop, implement and administer policies and programmes to ensure high quality underwriting and minimize claims.Advises senior management on risk & compliance issues related to credit insurance.Underwriting ProcessGuides and reviews the development of underwriting policies and standards like examination of underwriting files for risk selection, use and adequacy of rating models, wording including coverage provided and other terms and conditions.Supervises the insurance underwriting operations while focusing on both efficiency / cycle time and compliance.Evaluates the acceptability of risks associated with application and approves & signs off on the underwriting report in relation to risk assessment.Participates in risk evaluation committee meetings (if necessary) and keeps abreast with relevant rules and regulations.Develops and maintains relationships and communication with business heads, actuaries, and risk management department.Policies and ProceduresEnsures the preparation, maintenance and recording of all documents and data relating to underwriting process and policy documents in a systematic manner adhering to requisite legal formalities and internal policies.Constantly reviews and recommends changes to the underwriting guidelines and procedures to ensure underwriting profitability.The Successful ApplicantBachelor's degree in Finance, Accounting, Economics, Commerce or any related disciplineMaster's degree in Finance, Accounting, Economics, Commerce or any related discipline is preferredMinimum of 10 years of experience in Credit Administration and Underwriting with at least 6 years in a similar roleExperience in banking industry and insurance products.Experience in reviewing loan and insurance packages preparedTechnical skills:•Solid understanding of Financing products, preferably Export/ Import Financing products•Advanced knowledge in risk assessment, insurance products and underwriting process.•Proven insurance underwriting skills•Other skills:•Exceptional analytical and quantitative skill•Excellent oral and written communication skills in both English and Arabic•Project management and organization skills Company Industry Consulting / Management Consulting / Advisory Services Department/Functional Area Insurance / Underwriting / Surveying / Actuary Keywords Head of Insurance Underwriting Login To ApplyRegister & ApplyApply Without Registration REPORT THIS JOB Disclaimer: Naukrigulf.com is only a platform to bring jobseekers & employers together. Applicants are advised to research the bonafides of the prospective employer independently. We do NOT endorse any requests for money payments and strictly advice against sharing personal or bank related information.We also recommend you visit Security Advice for more information. If you suspect any fraud or malpractice, email us at firstname.lastname@example.org People Looking for Insurance Head Jobs also searched Insurance Head Jobs Regional Head Jobs Regional Manager Jobs Insurance Jobs Finance Jobs Export Import Jobs Banking Jobs Client of PageExecutive View Contact Details Contact Name/ Designation: - Website https://www.pageexecutive.com/job-detail/head-insurance-underwriting/ref/28039 Additional Information Required Employer has requested some additional information along with your application for this job Cancel Login to Naukrigulf Continue using GOOGLE FACEBOOK All your activity will remain private or Forgot Password?