Date: 4 Sep 2024
Location:
KW
Company:
Alghanim Industries
Job Summary
As a strategic leader in Enayas Property and Casualty (P&C) division This role is responsible for designing and implementing underwriting strategies to drive retention and profitable growth of Enaya premium portfolio. The role includes leading and managing both underwriters and claims teams across retail and corporate sectors ensuring they deliver exceptional service and maintain strong relationships with distributors. Prioritize operational excellence and uphold the highest standards in client service while also overseeing risk management data analytics and actuarial assessments. Ensure full compliance with regulatory requirements manage reinsurance planning and oversee thirdparty loss adjusters focusing on audit processes recoveries and fraud control.
Job Responsibilities
Responsible for providing leadership and direction to position the Enaya as a leading provider of P&C insurance line of business within the marketplace. This individual functions as a Senior Level Executive charged with guiding the development and of Enayas strategic underwriting directives to contribute to continued retention and profitable growth of total written premium in the P&C business.
Will be actively involved in retail and corporate initiatives in the development of existing and new lines of business including articulating and building strategy to develop Enaya in Kuwait as a key provider of P&C insurance business.
Strong distributor relationships and able to build a team of marketfacing underwriters.
Responsibilities also include identifying new opportunities competitive market and pricing research coverage analysis and a handson approach to providing to Enayas management team direction and guidance on attainment of growth and profitability targets.
Is a highly motivated selfinitiator who has an exceptionally strong aptitude for marketing and business development and can formulate and implement strategic plans in line with retail and corporate underwriting objectives.
Possesses the necessary underwriting expertise and industry experience to lead Enaya into meeting its plans for immediate company expansion and development.
Responsible for obtaining profitable results through the underwriting and claims teams by developing each team through motivation counselling skills development and product knowledge development.
Responsible for the planning recruitment direction organization monitoring and control of underwriters to accomplish specific objectives.
Responsible for monitoring the performance of thirdparty loss adjusters by establishing a system of reports and communications timely audits recoveries guidance on legal cases and fraud control.
Plan and implement all regulatory reporting and compliance.
Lead data analytics risk management and actuarial reviews.
Review and plan reinsurance arrangements.
Candidate Requirements
Bachelors/ Masters Degree or equivalent in any discipline with Engineering/ Mathematics as one of the subjects
Insurance certification: ACII / equivalent or higher
10 years plus insurance experience in underwriting and claims management of P&C insurance products in a leading insurance company.
Exceptionally strong senior level management and leadership skills
Familiarity with managing data analytics and setting the agenda for actuarial reviews
A demonstrated and proven track record in leading and developing business and business relationships at a national corporate level.
Strong flexibility to travel as required to meet retail and corporate mandates.
Local / GCC experience a big plus.This job has been sourced from an external job board.
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