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Kuwait City

    Team Leader - Kuwait City, الكويت - Gulf Insurance Group - Kuwait

    Gulf Insurance Group - Kuwait
    Gulf Insurance Group - Kuwait Kuwait City, الكويت

    منذ 6 أيام

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    وصف
    • Review and evaluate the underwriting performance of underwriting team to ensure appropriate loss ratios; direct and coordinate any necessary remedial actions in timely manner.
    • Study the risk; analyze the data, collecting information to proceed for risk acceptance and rejection.
    • Monitor price adequacy for the business written.
    • Ensure that all the necessary information is collected before releasing quotes.
    • Supervise, whether the risk is properly assessed and the premium is charged accordingly.
    • Conduct an analytical review and capitalize on market opportunities by responding to tenders.
    • Negotiate policy terms and rates with clients and/ or consultants and / or brokers.
    • Evaluation of renewal submission to identify the accounts that provides the greatest opportunity for profit consistent with the business plan and corporate profit objective.
    • Exercise proper underwriting pricing and discipline to meet profitability goals, complying with underwriting guidelines, systems and procedures.
    • Ensure that the risk retained in each policy, is in line with risk appetite and as per the company strategy.
    • Coordinates with IT Department for smooth running of the automated systems and recommends updates as and when necessary.

    People Management

    • Assist in setting KPIs and objectives for the underwriting team.
    • Recommend disciplinary actions
    • Participate in interviewing panels and assist in taking hiring decisions.
    • Maintain and promote staff motivation by addressing employee grievances promptly and escalating when necessary and enforcing fair and equitable compliance with gig-Kuwait policies and procedures.

    Others

    • Prepare periodic and ad hoc reports as requested by management.
    • Document and maintain records of activities and process workflows.
    • Adhere to Gulf Insurance Group – Kuwait policies.
    • Perform other duties as requested by management.
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