Underwriting Assistant Manager Transguard Group UAE

Transguard Group presently has a job opening for qualified and experienced candidate for the position of an Underwriting (Property) Assistant Manager in Abu Dhabi. The selected candidate will be responsible to develop book of Property business in the UAE.

Duties of An Underwriting Assistant Manager 

• Assists Manager in preparation of department’s annual budgets in line with overall services function’s budget and monitors financial performance versus the budget so that the business is aware of anticipated costs /revenues.
• Follows all relevant departmental policies, processes, standard operating procedures and instructions so that work is carried out in a controlled and consistent manner.
• Conducts Risk analysis as and when required Renews and accept new business as per U/W guidelines as per Authority Matrix.
• Verifies and crosses check policies (over a defined limit) prepared by Operations before sending to
  client.
• Ensures confirmation from reinsurers before confirming any commitments to clients.
• Contributes in achieving the department’s target.
• Ensures Quality of service, Ensures Retention of renewals and Ensures Maintenance of Customer Profile
  Performs Risk Surveys and suggest Risk Improvement recommendations.
• Handling major clients and R/I placements.
• Analyzing policy wordings, Meeting brokers and clients, Negotiating renewals with clients/ brokers
  and converting new business.

Eligibility Requirements

The eligibility requirements for role of an Underwriting (Property) Assistant Manager are as under:

• Certificate in Insurance (CII), Associate in Risk Management (ARM).
• Associate or Diploma in Charted Insurance Institute (Dip CII or ACII) or Associate in Insurance Services (AIS) or Associate in Commercial Underwriting (AU)or Fellow Insurance Institute of India (FIII).
• 7-9 years of relevant experience.

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