We are hiring a Lead Specialist to Dubai Placement process for ensuring the quality and effectiveness of business, products, and services within Dubai business. Responsible for supporting the company's placement, filing processes. This role involves preparing insurance slips, ensuring compliance through sanction checks, translating documents, managing system entries, handling claims processes, and maintaining accurate filing and archiving systems for key documents. Candidate should be detail-oriented, organized, and proactive in supporting operational workflows across multiple departments. This role requires a comprehensive understanding of the policy life cycle, and the various actions required for New Business/Renewals, Mid-Term Adjustments and highlighting any discrepancies.
1. Primary Responsibilities
- Prepare placement slips, generate UMR, calculate premiums, issue debit and credit notes for Cedants and Re-insurers
- Perform sanction checks on booked accounts, verify policies booked after inception, and organize debit notes, credit notes, and tax invoices for future reference
- Suggest and implement improvements to accounting processes for enhanced efficiency and accuracy
Collaborate with internal teams, communicate with clients and liaise with regulatory bodies to ensure smooth operations and compliance
- Coordinate closely with cedents and underwriters to ensure smooth processing of all transactions, maintaining explicit communication and addressing issues promptly
- Ability to think critically and make sound judgments based on the evidence presented
- Understanding of best practices in business processes and quality assurance
- Ability to work independently and as part of a team to achieve quality and compliance objectives
- Commitment to maintaining confidentiality and handling sensitive information appropriately
- Willingness to continuously learn and develop new skills to enhance audit effectiveness
Publish dashboards to suggest the improvement in matched and unmatched revenues
- Minimum 7+ years of experience.
- Placement/Pre- Placement/ Premium experience.
- Dubai / UK Market experience.
- Insurance broking experience