Al Futtaim Jobs - Senior Vice President - Claims | Orient (Dubai, AE)
Job Requisition ID: 37994
No two days are the same at Al-Futtaim, no matter what role you have. Our work is driven by the desire to make a difference and to have a meaningful impact with the goal of enriching everyday lives. Take our engaging and supportive work environment and couple it with a company culture that recognises and rewards quality performance, and what do you get? The chance to push the limits every single day.
As a humble family business that started on the banks of the Dubai Creek in the 1930s, Al-Futtaim has expanded to a presence in 31 countries, a portfolio of over 200 companies, and 42,000 employees. You’ll find us in industries ranging from automotive and retail, to finance and real estate, and connecting people with international names like Lexus, Ikea, Robinsons, and Adidas. Our team is proudly multicultural and multinational because that kind of diverse representation gives us the global mindset to grow and impact the people, markets, and trends around us.
Come join us to live well, work better, and be the best.
Job Profile: Job profile entails independently handling of the claims relating to the company’s diversified General Insurance portfolio which include Property, Engineering, Casualty, Marine Cargo, Liability and Hull, Energy, Aviation, Credit and Specialty lines and overseen the Motor Claims Dept.
A thorough knowledge of handling complex claims pertaining to the relevant class of Insurance and underlying underwriting and re-insurance principles & practices, and strong interpersonal, analytical and communication skills are mandatory to successfully accomplish the tasks assigned to this job.
This responsibility also includes analyzing claims at micro and macro levels, ensuring efficient broker & client service, finalizing Management Reports and ensuring proper and effective claims settlement to customers and subsequent recovery processes.
- CLAIMS SETTLEMENT
Review and administer the claims process, exercise effective control on indemnification levels to ensure fair and equitable compensation to affected parties.
- RECOVERIES
Follow up recoveries from negligent parties to ensure timely exercising of subrogation rights in order to reduce the final claims outlay. A fair knowledge of litigation practices is essential to satisfactorily accomplish the assigned tasks.
- MANAGEMENT REPORTS
Prepare, coordinate & ensure timely submission of Management reports in order to provide the operational data for Management information and decision making and carryout analysis of the performance of various lines and make appropriate recommendations.
- TECHNICAL SUPPORT AND MONITORING
Provide timely guidance and technical solutions to problems when required by the Branches, Agencies and Development Officers for claims related issues.
- MANAGEMENT AND DEVELOPMENT OF STAFF
Motivate, train & develop the assigned staff in order to optimize their performance & ensure achievement of the specific objectives in an efficient manner with a high level of Professionalism.
Candidate Profile: The ideal candidate should be between 35-55 years of age. He should be an Associate member of The Chartered Insurance Institute of UK or equivalent with over 10 years of experience in the field of insurance, out of which at least 7 years should have been gained in a managerial position with similar job responsibilities.
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Before you click “apply”: Please read the job description carefully to ensure you can confidently demonstrate why this opportunity is right for you and take the time to put together a well-crafted and personalised CV to further boost your visibility. Our global Talent Acquisition team members are all assigned to specific businesses to ensure that we make the best matches between talent and opportunities. We not only consider the requisite compatibility of skills and behaviours, but also how candidates align with our Values of Respect, Integrity, Collaboration, and Excellence.
As part of our candidate experience promise, we also want to make ourselves available to you throughout the application process. We make every effort to review and respond to every application.
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