Junior Underwriting Operations Assistant - Specialty

Reposted 14 Days Ago
Be an Early Applicant
Amman, Amman Governorate
Entry level
Insurance
The Role
Ensure compliance with policy entry and premium processing, premium chasing, and communication with internal and external parties. Perform operational duties efficiently.
Summary Generated by Built In
Job Summary

To ensure all requirements related to policy entry and premium processing, in addition to premium chasing and allocation, as well as any other processing related responsibilities, are adhered to at all times in an efficient and professional manner.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

  • To ensure XIS Bureau messages are matched for allocation in co-ordination with the Underwriting teams.
  • To ensure the premium chasing procedure is followed in accordance with the premium chasing workflow.
  • To complete all operations duties including MEMO preparations, Data check and reconciliation reports and filing in accordance with the Company’s Underwriting & Underwriting Operations Policy and Procedure Manual ensuring efficiency and accuracy at all times
  • To liaise with all external (brokers/ clients) and internal departments including Aggregation, Claims, Finance, IT and MI ensuring smooth operation at all times
  • To record submission quotes and policies in XFI in an efficient and accurate manner in line with internal KPI requirements
  • To carry out any additional duties set by the Underwriting Operations Supervisor or by the Underwriting Operations Manager as and when required.

Job Specifications

  • Preferred bachelor’s degree.
  • Fluent in English, both written and oral.
  • Good PC skills including Microsoft office.
  • Experience Required: 0 - 1 years

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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