Job Summary
Provide technical analysis and administrative support to the VP Underwriting Management in the routine performance of the duties required by the department.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 support the Manager to ensure UW related teams comply with goals, objectives and standards of IGI.
- To assist in premium reconciliation (weekly and Monthly data checks) process including ongoing review and reporting to senior management
- To monitor and follow up on all scheduled reports in order to ensure UW/UWOPS departments adhere to necessary deadlines.
- Assist in developing underwriting reports and communicate with IT Department to prepare and distribute reports.
- To ensure accurate UAT of all implemented business customization and rules within Admin system
- Support in statistical analysis of monthly/Quarterly underwriting reports in co-ordination with Underwriting Management.
- To liaise with all internal departments including Underwriting, Exposure Management, Claims, Finance, whilst ensuring smooth operation at all times.
- Support in day-to-day operations i.e. approving system contacts and liaising with KYC and Compliance teams, ad hoc report requests.
- To assist in producing and analyzing key reinsurance data on a quarterly basis
- To assist in Providing the Outwards RI team with required data outputs for RSC Committee purposes
- To monitor and follow up on Blue Sky Plan initiatives and report these to Senior Management
- Monitor and follow up on all UW breaches on weekly basis.
- To carry out any additional duties set by respective line manager or senior management as and when required.
Job Specifications
- Bachelor’s degree – Preference in Business Administration, Insurance and Risk Management, Actuarial Science.
- 1-3 years (re)insurance experience preferred.
- Fluent in English, both written and oral
- Excellent PC skills, including Microsoft office.
Similar Jobs
What We Do
Where relationships take root. The Marigold approach to Relationship Marketing stands alone in a world of one-size-fits all marketing technology companies. Our solutions are designed for your specific size, industry, and maturity, giving you the technology and expertise you need to grow the relationships that grow your business, from customer acquisition to engagement to loyalty. And, with a team of strategists that provide insights into what’s working, what’s not, and what’s changing in your industry, you’re able to maximize ROI every step of the way.
Great marketing isn’t just about conversion, but true connection. Learn why 40,000 businesses around the world trust Marigold to be the firm foundation they need to help relationships take root
