Reinsurance /UW Assistant Manager
Salama cooperative insurance company
Total years of experience :10 years, 3 Months
- Examining insurance proposals.
- Collecting background information and assessments of risk.
- Analyzing statistical data.
- Writing quotes and negotiating the terms with brokers and clients.
- Determining premiums.
- Deciding the wording of policies.
- Preparing insurance policy terms and conditions.
- Preparing Fac reinsurance slips for R/I’s team.
- Calculate possible risk and decide on the premium.
- Visit brokers or potential customers and prepare quotes.
- Negotiate terms with policyholders or their brokers and draw. up contracts
-Ensure that premiums are competitive and that accounts remain profitable
- Specify conditions to be imposed on different types of policies, for example, asking that a property owner install a security alarm
- Write policies and help with policy wording
- Keep detailed and accurate records of policies underwritten and decisions made.
- Help in preparing and maintenance of department statistics.
- Assist in reconciliation of transactions.
- Monitor Day-to-Day Underwriting Department Operations.
- Handling renewal notices and FAC slips for Branches
- Arranging necessary FAC support from various markets for Major and group risk.
- Monitoring the effect of PPW with the finance dept closely.
- Securing the confirmation from R/I’s for special acceptance and coordinate between departments.
- Work with the underwriting departments to ensure good understanding of the written portfolios.
• Working as Sr.Reinsurance officer from sep’2017
- Handling Treat and Facultative agreements.
- Handling binding process.
- Handling claim connected between claim dept. and reinsurance recovery.
-Maintain activity log books in the Facultative Department.
-Prepare closings of Facultative transactions in time.
-Ensure collection of counter documents from Reinsurers /Brokers.
-Help in preparing and maintenance of department statistics.
-Assist in reconciliation of transactions.
From February, 2016 working as Senior Motor Underwriting Officer.
- Prepare and set Motor Comprehensive and Third Party Corporate Clients Quotation terms and conditions.
- Review Motor Risk Rates and Risk TPL Premiums and inform the Actuary if there is any variation.
- Monitor Day to Day Underwriting Department Operations.
- Issue and Review Motor Underwriting Polices.
- Supervise Najm Day to Day Uploading Service.
- Arrange Quotation Log on daily basis.
- Communicate clients to finalize issued quotations.
- Review and Implement and follow-up regarding SAMA regulations with Branches to make sure the regulations are in place and in line with internal company policies.
- Key project for improving AMAN SYSTEM Operation (planning) - Arranging board members meetings. - Communicate with international clients. - Prepare reports and presentations. - Following up with the department’s Heads regarding CEO requirements. - Meet with individuals, special interest groups and others on behalf of executives, committees and Board Members. - Review operating practices and procedures in order to determine whether improvements can be made in areas such as workflow, reporting procedures, or expenditures. - Making Daily Contact with the Salesmen & Supervisors regarding the performance. - Monitoring the Sales on Daily basis and preparing the reports as required. - Read and analyze incoming memos, submissions, and reports in order to determine their significance and plan their distribution.
Processing all calls (inbound and outbound) from customers in an efficient and professional manners Respond promptly to the customer inquiries concerning products, applications, quotations as well as the delivery status Ensure excellent standard of service and a high level of customer satisfaction. If needed apply a consultative selling approaches to solve customer problems and requirements.
best days in life is high school days. got a wonderful memories in that time.