Risk Management and Compliance Lead

4 days ago


Kuwait City, Al Asimah Alghanim Industries Full time
Alghanim Industries seeks a highly skilled Risk Management and Compliance Lead to oversee the underwriting team, manage complex risks, and implement strategies to mitigate risks.

Job Responsibilities:
Assist the Assistant Manager in day-to-day underwriting decisions and issuance, provide coaching for team members, process quotations as per treaty guidelines and follow the quotations process. Ensure that the department adheres to external and internal Service Level Agreements (SLAs). Explain policy terms and the actual application of exclusions to both providers and clients. Ensure quotations are delivered for various proposals. Communicate with reinsurers on best deals for various products. Take charge to deliver timely monthly and quarterly reports/closing. Ensure error-free quotations and build relationships with existing channels in securing new accounts.

Candidate Requirements:
A Bachelor's degree in Finance/E-Commerce or any related field. 5+ years of experience in the field of insurance, with 3 years of experience in the same line of business. Certification in insurance is preferred, such as CERT CII or their equivalency. Minimum 3 years of experience in technical decision-making with supervision. Leadership skills, analytical and numerical skills, effective communication and negotiation skills, with the ability to interact confidently with clients and stakeholders. Advanced Excel skills.

The estimated annual salary for this position is $120,000 - $180,000, depending on qualifications and location.

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