Manager - Life and Medical Insurance

Confidential

• Responsible for providing leadership and direction to position the company as a leading provider of medical insurance line of business within the marketplace. This individual functions as a Senior Level Executive charged with guiding the development and execution of strategic underwriting directives to contribute to continued retention and profitable growth of total written premium in the medical business.
• Will be actively involved in retail and corporate initiatives in the development of existing and new lines of business, including articulating and building strategy to develop the company in Kuwait as a key provider of medical insurance business.
• Strong distributor relationships and able to build a team of market-facing underwriters.
• Responsibilities also include identifying new opportunities, competitive market and pricing research, coverage analysis and a hands-on approach to providing the management team direction and guidance on attainment of growth and profitability targets.
• Possesses the necessary underwriting expertise and industry experience to lead the company into meeting its plans for immediate expansion and development.
• Responsible for obtaining profitable results through the underwriting and claims teams by developing each team through motivation, counselling, skills development and product knowledge development.
• Responsible for the planning, recruitment, direction, organization, monitoring and control of underwriters to accomplish specific objectives.
• Responsible for monitoring the performance of the third-party administrator by establishing a system of reports and communications, timely audits, case management and fraud control.
• Plan and implement all regulatory reporting and compliance.
• Lead data analytics, risk management and actuarial reviews.
• Review and plan reinsurance arrangements.
• 10 years plus insurance experience in underwriting and claims management of medical insurance products in a leading insurance company.
• Exceptionally strong senior level management and leadership skills.
• Familiarity with managing health data analytics and setting the agenda for actuarial reviews.
• Insurance certification : ACII / equivalent or higher.
• A demonstrated and proven track record in leading and developing business and business relationships at a national corporate level.
• Strong flexibility to travel as required to meet retail and corporate mandates.
• Local / GCC experience a big plus.
• Bachelor's / Master's Degree or equivalent in any discipline with Science / Medical / Mathematics as one of the subjects.

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