Responsibilities
- Manage and lead the insurance contract review process for the company
- Ensure compliance with company standards and regulatory requirements
- Identify and address any deficiencies in deductibles, limits of liability, and sums insured
- Make recommendations to correct any issues and improve contract terms
- Participate in data collection and analysis initiatives to improve contract management practices
Requirements
- Bachelor's degree in a relevant field such as insurance, risk management, or business administration
- Minimum of 5 years of experience in a similar role, preferably in the insurance industry
- Strong knowledge of insurance contracts and regulatory compliance
- Excellent analytical and problem-solving skills
- Ability to effectively communicate complex concepts to stakeholders at all levels of the organization
- Certifications such as FRM, CIC, CPCU, CRM, AAI, or similar are preferred
Benefits
Qualifications
- Graduation degree/diploma or equivalent in management accounting, finance, or other field complimentary to the position
- Insurance and/or risk-related certification/qualifications preferred (FRM, CIC, CPCU, CRM, AAI, or similar)
Required Skills And Experience
- Fluent written and spoken English
- 5+ years' experience in a similar or complimentary role
- Extensive knowledge of insurance contracts' construction and operation
- Knowledge of Insurance risk management
- Knowledge of regulatory & compliance in relevant industry sectors (preferably in KSA)