Head of Motor

Client of NADIA Global

setting compliant underwriting guidelines, processes, and SLAs; develops and executes a profitable Motor strategy aligned with regulations and company objectives; drives high performance through coaching and branch-level governance; builds market intelligence to enhance the value proposition; and reports monthly on company and branch performance with corrective actions as needed. Key Responsibilities: Underwriting; Ensures proper implementation of the Motor Department Policies and Procedures and recommend changes for improvement. Monitors implementation of UW guidelines, authority limits, tariffs and renewal rules. Sets Motor Plan along with other stakeholders. Monitors growth development as per set budget. Monitors profitability as per budget. Data analysis. Risk assessment and handling referrals. Drives a secure environment by applying system controls needed and abiding by the regulator rules. Works closely with the motor claims team (loss ratio, severity, Jumbo claims, new practices,renewals ) Ensure balance between attracting and retaining customers. Develop value propositions. Market-facing activity. Market intelligence (new products, opportunities, tariffs, commissions, trends ) Ensure premiums are competitive and accounts remain profitable. Handles referrals as per authority limits. Keeps detailed and accurate records of non-standard cases and decisions made. Performs on quarterly basis. UW Risk Assessment and Quality Assurance review. Assures proper implementation of policies and procedures Issues quote as per UW guidelines and agreed upon SLAs. Assist other stakeholders in building the annual budget. Interviews new applicants when necessary. Provides training when necessary Keeps the communication channel open with UWs in all branches and with other business units. Approves the annual leaves of his/her staff. Determines the training needs of his/her staff Evaluates the performance of his/her staff Attend seminars as per the approved budget. Provides orientation and on-the-job training to new employees and trainees when needed. Complies with Arabia Code of Conduct and ensure that it is fully adhered to all times his/her staff. Carries out any other assignment as required by his/her superior. Claims: Responsible for procedures for approval for all types of Motor Business Underwriting and Claims. To delegate and monitor authority to approve policies and ensure underwriting guidelines are as per Falcon s philosophy. To assist the Management in all types of corporate class of accounts. To assist in conducting periodic review of treaty arrangements, treaty negotiations, prepare necessary statement and statistics. To assist the CEO in the preparation of annual department budget, monitor and evaluate the budget with the results and remedial measures when the situation demands. Active involvement in preparation of marketing strategies to secure healthy and steady growth of business and to monitor achievement of goals and objectives. To manage and maintain contact with brokers with respect of motor To delegate and monitor procedures for claim intimation, repair/salvage quotations, claim settlements, RI interactions, out of court settlement Maintain, update information on market developments, gather market intelligence reports and provide feedback to the CEO. To monitor and evaluate profitability, efficiency and productivity of the department as well as individual staff and take appropriate steps to rectify negative situations.