Risk Management Lead

7 hours ago


Kuwait City, Al Asimah Alghanim Industries Full time
Job Description

At Alghanim Industries, we are seeking a highly skilled Risk Management Lead to join our team. This key role is responsible for overseeing the underwriting process, managing complex risks, and implementing strategies to mitigate potential threats.

About the Role

As a Risk Management Lead, you will work closely with the AM to make informed decisions on underwriting matters and provide guidance to junior staff members. Your responsibilities will include processing quotations in accordance with treaty guidelines, communicating effectively with reinsurers to secure favorable deals, and ensuring that the department adheres to internal and external Service Level Agreements (SLAs).

Key Responsibilities:
• Assist the AM in making day-to-day underwriting decisions and issuance
• Provide coaching and training to team members to enhance their skills and performance
• Process quotations as per treaty guidelines and follow the quotations process
• Ensure that the department adheres to external and internal SLAs
• Communicate with reinsurers on best deals for various products
• Take charge of delivering timely monthly and quarterly reports/closing
• Ensure error-free quotations and build relationships with existing channels to secure new accounts

Requirements

To be successful in this role, you will need to possess a Bachelor's degree in Finance or E-Commerce, or any related field, and have at least 5 years of experience in the insurance industry. Additionally, you should have 3 years of experience in the same line of business and hold a certification in insurance, such as CERT CII or its equivalency. Your leadership skills, analytical and numerical abilities, effective communication and negotiation skills, and advanced Excel skills will also be essential in this role.

Bachelor's Degree in Finance/E-Commerce or related field, 5+ years of experience in the insurance industry, 3 years of experience in the same line of business, CERT CII or related insurance certification.

What We Offer

As a Risk Management Lead at Alghanim Industries, you will have the opportunity to work with a dynamic team, develop your skills and expertise, and contribute to the success of our organization.

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