Consultant at Datamatics Staffing Services Limited
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Senior Vice President - Underwriting - Reinsurance (12-20 yrs)
Senior Vice President - Non Life Insurance
One of the well known Insurance Company in Oman.
- Next-in command to CEO for Non Life department
- Lead the Non Life team, direct Corporate Marketing, Broker relations, Underwriting, Claims and Fac reinsurance operations
- Provide Business Plans and ensure consisted profitable performance of Non Life unit
- Formulate, review and implement best practice guidelines, Strategy documents, Manuals, Rating guidelines, processes and procedures
- Review Policy wordings and ensure use of wordings of good standard
- Responsible for prudent Underwriting in full adherence to approved guidelines and policies
- Consolidate and develop strong network of facultative reinsurance support
- Decide on level of retention, cessions to Treaty and extent of facultative support required
- Manage facultative reinsurance in optimal manner to achieve most competitive terms, maximize reinsurance commission, ensure quality of Reinsurance Security, negotiate most favourable cover and other terms
- Overall direction of non Motor Claims
- Provide leadership and mentorship to all the departments overseen
- Ensure regulatory compliance, interact with regulatory authorities
Reporting to : CEO
Minimum Academic/Professional Qualification:
- Graduate degree in Engineering from a 4-year program or higher equivalent
- Risk Management qualification will be an advantage
- Insurance accreditation - ACII, UK/Fellowship from India
Minimum Work Experience:
- 12 years in Technical functions involving reinsurer interactions with minimum 4 years as lead Underwriter
- Will oversee a team of 30
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