Responsibilities :

- Ensure all assets and exposures are adequately covered, with any exceptions identified and approved by management.

- Validate and update policy limits to ensure sufficient sum insured.

- Ensure all insurance coverage is supported by valid policies from the beginning.

- Establish appropriate policy protections with comprehensive wordings and clauses to safeguard the company's assets and interests.

- Collaborate with business teams to finalize insurance term sheets, including values, coverage types, and start and end dates.

- Analyze domestic and international markets to facilitate the selection of the best insurance policies in terms of coverage and pricing.

- Negotiate with insurance companies to obtain competitive quotations and optimal coverage scope for the organization.

- Scrutinize insurance policies for deviations and initiate refinements when necessary.

- Lead interactions with internal stakeholders and partners to resolve identified issues promptly.

- Prepare management review MIS reports, highlighting areas of concern and monitoring insurance costs for optimal expenditure.

- Ensure timely settlement of all claims.

- Manage regional and global insurance programs for assets, business interruption, and liability.

- Specifically handle policy administration, claims, and risk management.

- Solid understanding and experience in Assets, liabilities, and marine insurance is a plus.

- Multi regional or global experience is a plus.

Skills :

- Expert knowledge of insurance products and markets in GCC/MENA/Asia/Europe or other comparable international markets.

- Proficiency in MS Office applications such as Word, Excel, and PowerPoint.

- Familiarity with SAP/Enterprise systems is advantageous.

- Excellent written and oral communication skills.

Key Attributes :

- 12-15 years of relevant work experience.

- Qualifications: ACII/AIII certification in Insurance, graduation/post-graduation in Management /Engineering or relevant.

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