Financial Insurance Specialist

3 weeks ago

Ras AlKhair, Eastern Province, Saudi Arabia Linked4HR Human Resources Consultancies LLC Full time

Our client in the Kingdom of Saudi Arabia is seeking a highly skilled Financial Insurance Specialist who will be responsible for driving financial performance through in-depth analysis of financial results, forecasts, variances, and trends. This role also involves developing financial models to support valuation, planning, and forecasting, as well as creating recommendations for management and executives.

Key Responsibilities

  • Overseeing broker activities on all transactions, including risk evaluation, program design, coverage binding, policies issuance, premium settlement, and claims processing & settlement.
  • Leading new policy procurement and renewals.
  • Conducting pre-renewal reviews and analyzing policies T&C against exposure.
  • Producing weekly updates on all ongoing insurance-related activities.
  • Evaluating and measuring broker performance and escalating any failures or challenges.
  • Reviewing and optimizing insurance provisions.
  • Generating ad-hoc reports on insurance programs.

Requirements

  • Bachelor's degree or higher in Finance.
  • Chartered Insurance Institute or Institute of Risk Management certification (advantageous).
  • At least 3-5 years of experience in Insurance or underwriting roles.
  • Strong knowledge and experience in Corporate Insurance, Property Insurance, Equipment Insurance, Project Insurance, Medical & Life Insurance.
  • Collaborative spirit to work synergistically with finance, sales, and other departments.

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