Junior Underwriting Operations Assistant - MAT & Energy

Posted 23 Days Ago
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Amman, Amman Governorate
Internship
Insurance
The Role
The Junior Underwriting Operations Assistant handles data recording, report verification, MEMO preparation, and operational queries, ensuring compliance with company policies.
Summary Generated by Built In
Job Summary

To ensure all requirements related to data recording, report verification, MEMO preparation, and addressing operational queries are completed accurately and professionally, maintaining efficiency and adherence to company policies at all times.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. The company has a strong financial position, with a financial strength rating of "A-" (Stable) from Standard and Poor's, and an "A" (Stable) rating from A.M. Best. IGI seeks to maintain profitability through prudent risk selection and a diversified business model.

Duties and Responsibilities

  • Record submissions, policies, and amendments in the system, ensuring precision and adherence to internal guidelines.

  • Address Credit Control and Quality Control requests efficiently, ensuring proper review, collaboration with relevant teams, and resolution of pending queries.

  • Action and verify data checks and reconciliation reports, and prepare MEMOs in accordance with company procedures, ensuring data accuracy and alignment with operational standards.

  • Review, verify, and submit all assigned reports with accuracy while maintaining consistent adherence to company policies, operational guidelines, and internal controls to support compliance and audit requirements.

  • Collaborate with Underwriting teams, brokers, and internal stakeholders to support smooth workflows and efficient resolution of operational tasks.

  • Participate in ongoing training and skill development activities to enhance individual performance and contribute to team success.

  • Perform additional operational and administrative tasks assigned by the Supervisor or line manager to support departmental objectives.

Job Specifications

  • Academic Qualifications: Bachelor’s Degree

  • Experience Required: 0-1 years of experience

  • Training Required: Not required

  • Languages: Fluent in English, both written and oral

  • Key Competencies: Proficient in PC skills, including Microsoft Office.

Top Skills

MS Office
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The Company
614 Employees
Year Founded: 2001

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

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