Assistant General Underwriting Manager

Company: Al-Arabia Cooperative Insurance Company (AICC)

Department: General Insurance Unit

Location: Riyadh

About Al Arabia Cooperative Insurance Company (AICC)

Al Arabia Cooperative Insurance Company is a leading Saudi insurance provider offering a wide range of services to individuals and businesses across the Kingdom. The company is committed to delivering high-quality insurance solutions with a focus on reliability, innovation, and customer satisfaction.

Job Summary:

Carry out various activities of technical and support nature, to ensure efficient enrollment and policy administration process.

Areas of Contribution and Related Responsibilities

Underwriting Process Management

• Examine submitted documents to determine the degree of risk.
• Authorize reinsurance of policy.
• Calculate premiums, refunds, commissions, adjustments, and reserve requirements using insurance rate standards.
• Review correspondence and applications to determine needed changes and their effects.
• Approve policy reinstatement based on criteria and procedures.
• Submit applications with recommendations for approval.
• Write policies and add specific conditions when needed.
• Assess client background and compute premiums.
• Prepare reports on risk levels.
• Interview applicants and assist with applications.
• Modify/update existing policies (beneficiary, coverage, type).
• Coordinate with Reinsurance and Commercial departments.

Underwriting Administration

• Gain market knowledge and share key updates internally.
• Review files to identify delinquent accounts.
• Contact customers regarding applications.
• Prepare applications, legal documents, and other forms.
• Locate and correct data entry errors.

Technical Knowledge and Advice Provision

• Provide technical advice and product support to internal teams, agents, and clients regarding underwriting guidelines and requirements.

Process Administration

• Issue policy certificates and billings per policies.
• Verify and examine policy data.
• Prepare and type required documents.
• Process and record policies.
• Maintain accurate and updated documentation.
• Handle mail and respond to information requests.

Other Key Responsibilities:

• Monitor risk management systems and maintain data security.
• Maintain excellent customer service and ensure prompt response to client needs.
• Ensure compliance with AICC policies and procedures.
• Provide accurate data for decision-making and reporting.

Communications and Working Relationships

• Communicate regularly with internal and external stakeholders to ensure smooth operations.

Framework, Boundaries, and Decision-Making Authority

• Expected to make routine decisions and escalate exceptional cases to direct supervision.

Role Qualifications

Education:

• Bachelor’s degree or equivalent experience.
• IFCE Certification is required.

Experience:

• Bachelor’s degree holders: No prior experience required.
• Technical degree holders: Minimum 3 years of relevant experience.

Skills:

• Strong verbal and written communication, preferably in English.
• Proficient in Microsoft Excel and Word.

If you meet the qualifications and are passionate about the insurance industry, we encourage you to apply and be part of our growing team.