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June 20, 2019
Home » Job Feeds » VP – Operations (Non Motor) (open vacancy) – Al Kuwait

VP – Operations (Non Motor) (open vacancy) – Al Kuwait

Job Description

Strategy Formulation Contribute towards the formulation and implementation of overall business strategies and plans which enable the achievement of Company mission and objectives. Develop the Non-Motor Insurance operations department strategy in line with Company strategy.Policies and Procedures Oversee implementation of Company policies and procedures in order to achieve department objectives. Ensure the implementation of policies and procedures as well as their compliance with local government regulations and international standards.Budgeting & Cost Control Prepare the budget, ensuring that adequate provision is made for all activities, monitor and control expenditure against approved budget – for Non-Motor insurance operations functions – and reconcile budget variances to ensure on-target performance against budgets.Non-Motor Insurance Operations Manage and monitor all the activities of Non Motor Insurance Operations department functions (Underwriting, Claims and). Review records and asses the risk involved to analyze the status of operations. Underwriting Management Oversee all the activities related to Non-MotorInsurance underwriting including risk evaluation, insurance of quotations, policies, etc.. Review Non Motor Insurance policies and ensure their adherence with the acceptable level of risk.Claims Management Oversee all activities related to claims management (evaluating claims validity, assessing damages, determining liability, processing approved claims, etc…) with regards to Motor, General and Takaful & Medical claims. Review and approve insurance claims, while ensuring that the claim has been correctly and accurately evaluated, and that possibilities of fraud have been checked effectively. Reinsurance Review and asses policies before submitting it to the Reinsurance Department.Records and Reports Review records and reports frequently for the purpose of analysis. Prepare quarterly – yearly action plan – SWOT analysis in order to improve the performance of the operations.Communication Review customers’ feedback and find solutions for their problem if possible. Conduct meetings with Section Managers to ensure smooth flow of work. Establish good relations with business partners & government agencies to ensure the smooth flow of claims processing operations. Succession Planning Maintain a sound management development plan ensuring sufficient back up; availability of potential successors; and career opportunities for high performers.Continuous Improvement Provide input and recommend the continuous improvement of the operations’ activities taking into account ‘international best practice’ changes in international standards and changes in the business environment which demand proactive action plans in accordance with the Country’s rules and regulations associated with support services.People Management Monitor performance and training needs of subordinates in order to maximize their performance to achieve functional objectives.

 Advisory and Consulting Regulatory and Compliance Decision Making Skills Organizing and Planning Communication Skills Problem Solving Ability Risk Analysis & Management Leadership Skills Job Knowledge Negotiation Skills Initiative Proficiency in English and Arabic languages

Job Details

Job Location
Al Kuwait, Kuwait

Company Industry

Company Type
Employer (Private Sector)

Job Role
Support Services

Employment Type
Full Time Employee

Monthly Salary Range

Number of Vacancies

Preferred Candidate

Career Level
Senior Executive

Years of Experience
Min: 12

Residence Location


Bachelor’s degree / higher diploma

Bachelor’s Degree in Insurance, Business Administration or any related field preferred

Click here to apply

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