Job Description
Company Description
IGI - International General Insurance Co. Ltd. is a leading international specialist commercial insurer and reinsurer with a global portfolio of Energy, Property, Construction & Engineering, Ports & Terminals, Marine, Financial Institutions, General Aviation, Professional Indemnity, Casualty, Directors’ and Officers’, Legal Expenses, Political Violence, Contingency and Treaty Reinsurance. Registered in Bermuda as a limited liability company, with operational headquarters in Amman, Jordan and offices in London, Malta, Bermuda, Norway, Dubai, Kuala Lumpur and Casablanca, we aim to deliver outstanding levels of service to our clients and brokers.
Duties and Responsibilities
- Match and allocate the received payments in accordance with the Company’s Cash Allocation Authority Matrix
- Follow premium chasing, escalation, and cancellation procedures according to the set workflow and KPIs.
- Execute all operational tasks including but not limited to (filing proof of payment, chasing/escalation, and cancellation emails) efficiently and accurately, per company's Credit Control Policy and Procedure manual.
- Maintain communication with external (brokers/clients) and internal departments including the Underwriting, Claims, Finance, MI departments for smooth operations.
- Track premium on core system after chaser, escalation, NOC “Notice of Cancellation”, or cancellation.
- Generate premium invoices upon request, in coordination with Underwriting and Underwriting Operations teams.
- Complete additional duties assigned by Credit Control Supervisor/Manager as needed.
Job Specifications
- Academic Qualifications: Preferred Bachelor’s Degree
- Years of Experience: 0 - 1 years
- Languages: Fluent in English, both written and oral
- Key Competencies Good computer skills including Microsoft office, attention to details, financial knowledge
- Other Requirements
Skills Required
- Bachelor's degree
- 0–1 years of experience
- Fluent English, written and oral
- Good computer skills, including Microsoft Office
- Attention to detail
- Financial knowledge
What We Do
Specialist commercial insurer and reinsurer, underwriting a diversified portfolio of specialty lines. Since our inception in 2001, IGI has been committed to providing specialty lines insurance and reinsurance solutions to our clients’ complex risks. Our reputation is based on focused underwriting expertise, flexibility in responding to customer needs, and ensuring efficient and responsive claims handling, all underpinned by stable management and a strong balance sheet. Domiciled in Bermuda as a limited liability company, with offices in London, Amman, Bermuda, Malta, Oslo, Dubai, Casablanca and Kuala Lumpur, IGI is listed on Nasdaq Capital Markets under the symbol “IGIC”. We write a worldwide portfolio of Energy, Property, General Aviation, Construction & Engineering, Ports & Terminals, Marine Cargo, Political Violence, Financial Institutions, General Third-Party Liability (Casualty), Legal Expenses, Professional Indemnity, D&O, Surety, Marine Trades, Marine Liability, Contingency, and Reinsurance Treaty Business. Our ratings reflect the financial strength of our business: “A” (Stable) from AM Best; “A-” (Stable) from S&P. In 2023, we had net earnings of $118.2 million. Our holding company has assets in excess of $1,837.9 million, as at 31 December 2023
