AF23222 - Insurance Assistant - Reinsurance | Orient

Department: Insurance
Country: United Arab Emirates
Location: Dubai | UAE
Closing Date: 24-Apr-2016

Established in the 1930s as a trading business, Al-Futtaim is one of the most progressive regional business houses headquartered in Dubai, United Arab Emirates.

Al-Futtaim employs in excess of 44,000 people, operates through more than 200 companies and represents more than 225 international brands across industries as diverse as retail and wholesale trading, distribution, real estate development, leisure and hospitality, insurance and financial services. The group has significantly expanded its business operations in recent years through a strategic acquisition plan and has entered a number of new territories, increasing its footprint beyond the GCC and Greater Middle East to encompass Africa, South East and North Asia, Australasia, East Africa and Europe.

Entrepreneurship and rigorous customer focus has enabled Al-Futtaim to grow its business by responding to the changing needs of the customers and societies in which it operates. Al-Futtaim is committed to offering customers an unrivalled choice of the world’s best brands with exceptional standards of customer service and after sales support.

Structured into four operational divisions; automotive, financial services, real estate and retail, Al-Futtaim maintains a decentralised approach, giving individual businesses flexibility and versatility to maintain a competitive stance. This benefits employees, providing a clearly defined work culture where individuals are empowered with authority and responsibility for their work.

The success of Al-Futtaim is attributed to proactively managing change whilst upholding the values of integrity, service and social responsibility. The majority of businesses, built on a portfolio of world leading brands, dominate their sector.

About the business:

Orient Insurance PJSC an Al-Futtaim group company, is a UAE based insurance company headquartered in Dubai. The company is currently present in seven countries in the Middle East and South East Asia.

Orient has an "A" rating from both Standard and Poor's and A.M. Best. The company is also accredited with ISO 9001 Quality Management Certification.  Orient is founded on a well-structured transparent corporate culture, highly professional standards, clear strategy and employee engagement.

About the job:

For this role, the duties and responsibilities are as follows:  

  1. Support the department on all matters related to facultative Reinsurance.
  2. Provides support in evaluating and assessing risks  before approaching the  reinsurers.
  3. Coordinates with other departments and collect the underwriting information.
  4. Prepare the Loss bordereaux on a systematic way.
  5. Place the business with Facultative reinsurers as per Orient strategy and as advised by Superiors.
  6. Answer to queries raised by brokers and underwriters as appropriate and follow up the pending issues.
  7. Coordinate  with the reinsurers with regards to the business that is due for renewal and obtain their provisional confirmations.
  8. Advise the reinsurers for the amendments to a particular risk until full coverage is secured.
  9. Prepare  and maintain reinsurance records in a systematic manner to ensure efficient reference and prompt retrieval if required.
  10. Prepare the required reports for different purposes as required.
  11. Perform other tasks that maybe assigned by Superiors.
About you:

To qualify for this role, you should be between 25-35 years of age, must have at least 2 years of experience in Reinsurance.  The candidate should possess knowledge in MS office application, excellent data organising skills and has the ability to work in a team.

Note: you will be required to attach the following: 1. Resume/CV
Al-Futtaim offers highly engaging and supportive work environments in a culture that values, recognises and rewards quality performance.