Chief Technical Officer – Insurance recruitment

Key responsibilities would include

1. All LOBs Underwriting and Claims.

2. Delegate and monitor authorities given, approve policies and ensure underwriting guidelines are followed.

3. Assist the General Manager in all types of corporate accounts.

4. Review treaty arrangements, conduct treaty negotiations, prepare necessary statement and statistics.

5. Establish and maintain good relations with existing and prospective Reinsurers.

6. Underwrite inward facultative reinsurance from the GCC markets from selected insurance companies and brokers.

7. Assist the GM in the preparation of annual budget, monitor and evaluate the budget with the results and remedial measures when the situation demands.

8. Active involvement in preparation of marketing strategies to secure healthy and steady growth of business and monitor achievement of goals and objectives.

9. Monitor the work of departmental heads to ensure that all requests for quotations, claims, surveys, recoveries of claims etc are done in accordance with the policy conditions and standard procedures.

10. Maintain up date information on market developments, gather market intelligence reports and provide feed back to the Management.

11. Monitor and evaluate profitability, efficiency and productivity of the departments as well as individual staff and take appropriate steps to rectify negative situations.

12. Visit and maintain contacts with brokers, clients, GCC business producers and Reinsurers in consultation with the GM and Sales.

13. Conduct monthly meeting with the departmental head and staff as agreed with the Management.

14. Report cases above own authority for approval by the GM.

15. Achieve improvement in profitability and efficiency of the reinsurance function by continuously reviewing the company’s reinsurance capacity and the best practice in the international insurance industry.

16. Develop new insurance products in coordination with Sales

To be considered for this role you MUST HAVE the following:

Underwriting and claims experience in all lines of business. Market knowledge of the UAE, GCC and international insurance and reinsurance markets with reinsurance techniques.