Commercial Insurance Account Executive Full Time

Job Description:

The primary functions of this position are to provide quality service to clients, manage and control client relationships, and support consultants/producers in their efforts to attract and retain clients.

The Commercial Insurance Account Executive will be the day-to-day liaison between the insurance company and designated accounts.

Key Accountabilities:

1. Receive new business requests from direct clients/consultants – analyse, suggest and obtain adequate quotes through all channels.
2. Preparation of quotes/proposals, and binding of coverage
3. Ensure quote to issuance process is within agreed SLA, maintain tracker for missed SLA’s.
4. Endorsement activity – end to end
5. Renewal management – end to end
6. Coordinate with Head of General Insurance/consultants on strategic account issues and potential challenges.
7. Utilize workflows and processes to initiate and maintain contact with clients as well as to update coverages, review exposures, and discuss opportunities for account management.
8. Accurate record keeping, case management – as per business process requirements.
9. Reporting – quotes, policies issued, lost business and productivity.
10. Adherence to UW, compliance & department guidelines in line with the company’s SOP.

Requirements:

1. Experience in commercial lines – UAE commercial insurance underwriting, coverage, and rate analysis for minimum 3 years.
2. In-depth knowledge of insurance coverages and an ability to communicate this knowledge clearly to clients and underwriters.
3. Strong written and verbal communication skills In English, Arabic is an advantage.
4. Ability to prioritize and self-manage workload & support the team.
5. Strong negotiating skills
6. Proficiency in Microsoft Office