Director – Facultative - 3435152

Arab Insurance Group
  • Director – Facultative Jobs in Manama - 3435152

    Arab Insurance Group
  • 5 - 6 Years
  • Manama - Bahrain
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3435152

Job Description

Plan, Direct and Lead the strategy and operations of the Facultative to ensure achievement of the production and financial objectives of the department in accordance with Arigs annual and long term business plans


Responsibilities
Generic
Planning
Lead the business planning process, guide and direct the preparation of long and short term business plans for the Facultative department
 
Leadership
Lead and motivate employees to implement departmental objectives and facilitates creation of an environment that encourages people to work  to their potential
 
Resource Management
Ensure availability of adequate, timely and quality resources (financial, technical and human) at optimum cost for the department
 
Professional Interface
Establish and maintain effective working relations with professional counterparts and external parties who have significant impact on the company
 
Business Developments
Keep abreast of the latest market developments (opportunities), business developments, underwriting performance and claims issues and recommend changes in a timely and efficient manner
 
Specific
Performance Review
Conduct regular reviews of core clients in terms of production and performance  in addition to the departments overall performance  to ensure profitability as per the business plan
 
Guidelines & Procedures
Assist in underwriting reviews, recommend changes and implement approved ones to the guidelines and procedures in consideration of the market portfolio conditions results
 
Business Generation
Direct and lead the procurement of business from territories specified in adherence to the business and financial objectives
 
Business Development
Implement the departments business development plans and actively identify new business potentials and manage the realizisation in coordination with the management to achieve agreed business objectives and targets
 
Risk Management & Compliance
Identify and assess risk associated with business and ensure adherence to the policies and procedures, rules and regulations, and approval structure

Requirements

10 years of experience with a minimum of 5 years in a senior position (in the same field of insurance or re-insurance)
University Degree
Insurance professional accreditation

Profile Summary

Type:Company Job

Eligibility:Any Nationality

Industry:Insurance

Function:Accounts / Taxation / Audit / Company Secretary

Deadline:22nd Feb 2025

Desired Candidate Profile

Procurement

Company Profile

Not Mentioned



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