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Insurance Development Manager | Arab Orient Insurance Company - Abu Dhabi Branch at Al Futtaim Group

Job Industry: Sales
Date posted: Wed, 04 November 02:48 AM
Job location: Not specified
Referance code: Ref.NO:JB1349320
Educational qualifications: BA degree in Business Administration or any equivalent degree, MA is a plus
Salary: Not specified
Description :
About the business :
Arab Orient Insurance Company commenced operations in 1982 as a part of the reputed Al-Futtaim Group and has since recorded a progressively steady growth. The year 2007 has seen a substantial growth of premium income and net profit. Having recorded a premium income of Dhs.767 million and a net profit of Dhs.136 million (out of which over 65 is generated from underwriting), the Company is counted among the leaders in the UAE insurance market. Arab Orient Insurance Company has a paid-up capital of Dhs. 250,000,000 - which is significantly higher than most of the players in the market. With head office in Dubai, the company serves its clientele through an extensive branch network in Bur Dubai, Jebel Ali, Sharjah, Abu Dhabi, Al Ain, Dubai Health Care City Ras Al Khaimah, Sheikh Zayed Road and Oman.Standard & Poor's Ratings Services upgraded the long-term counterparty credit and insurer financial strength ratings to Arab Orient Insurance Co. (PSC) from A- to A in the year 2008. This is the highest interactive rating awarded to a national insurance company in the UAE.The Company is also accredited with ISO 9001 Quality Management Certification.About the job :
The duties and responsibilities for this role are as follows:
To provide functional support to the Sales and Marketing Department relating to the generation of new business consistent with efficiency and a high standard ofcustomer service. Conductinspection, assessment and surveys in accordance with the client's needs and prepare report for evaluating risks for appropriate coverage. Maintain an accurate and up to date record of the Department's business operations and send timely reminders to clients and brokers in order to recover the outstanding dues of direct accounts for improving the company's cash flow. Participate in the preparation of strategic plans for growth and assist in the establishment of related objectives in order to ensure profitable development and launch of new products and services for increasing the company's profitability.

Job Skills :
About you :The ideal candidate mustA beA between 25 to 45 years of age, holding a University degree, with at leastA 2 years of workA experience inA sales forA insurance, finance or banking sector.He/she should possess execellent communication skills, negotiating and interpersonal skills.

Career Level :
Mid Career

Company Profile :
Established in the 1930s as a trading business, Al-Futtaim is one of the most progressive regional business houses headquartered in Dubai, United Arab Emirates. Structured into six divisions; automotive, retail, electronics, engineering and technology, real estate, financial services and general services, Al-Futtaim operates through more than 60 companies and maintains a decentralised approach, giving individual businesses flexibility and versatility to maintain a competitive stance. Employing in excess of 20,000 people across the UAE, Bahrain, Kuwait, Qatar, Oman, Egypt, Syria, Pakistan, Singapore and Europe, this approach benefits employees, providing a clearly defined work culture where individuals are empowered with authority and responsibility for their work. The success of Al-Futtaim is attributed to proactively managing change whilst upholding the values of integrity, service and social responsibility. The majority of businesses, built on a portfolio of world leading brands, dominate their sector.

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