Insurance Manager (172189)

Job Summary

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 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