Underwriting Operations Supervisor - MAT & Energy

Posted 2 Days Ago
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Amman, Amman Governorate
Senior level
Insurance
The Role
The Underwriting Operations Supervisor ensures smooth daily operations by overseeing team functions, resolving issues, ensuring compliance with policies, and refining operational procedures. They mentor team members, coordinate resources across departments, and maintain accurate records for compliance and audit purposes.
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Job Summary

The Supervisor ensures efficient daily operations, compliance with policies, and accurate execution of processes. They provide team guidance, coordinate resources, resolve operational issues, and support collaboration across departments to meet organizational objectives.Job Description

Company Description

IGI - International General Insurance Co. Ltd. is a leading international specialist commercial insurer and reinsurer with a global portfolio of Energy, Property, Construction & Engineering, Ports & Terminals, Marine, Financial Institutions, General Aviation, Professional Indemnity, Casualty, Directors’ and Officers’, Legal Expenses, Political Violence, Contingency and Treaty Reinsurance. Registered in Bermuda as a limited liability company, with operational headquarters in Amman, Jordan and offices in London, Malta, Bermuda, Norway, Dubai, Kuala Lumpur and Casablanca, we aim to deliver outstanding levels of service to our clients and brokers. The company has a strong financial position, with a financial strength rating of "A-" (Stable) from Standard and Poor's, and an "A" (Stable) rating from A.M. Best. IGI seeks to maintain profitability through prudent risk selection and a diversified business model.

Duties and Responsibilities

  • Oversee daily team functions to ensure processes are executed efficiently, accurately, and in full compliance with company policies.
  • Ensure all Credit Control and Quality Control requests and queries are reviewed and resolved promptly while collaborating with relevant stakeholders to address pending issues.
  • Support the refinement of operational procedures and ensure the accurate recording of submissions, policies, and amendments in the system, maintaining high standards of accuracy.
  • Identify and mitigate operational risks by monitoring compliance with regulatory standards and audit findings while implementing corrective measures as needed.
  • Coordinate team resources to ensure business continuity and oversee the completion of data checks, reconciliation reports, and MEMO preparations to maintain operational efficiency.
  • Mentor and guide team members to foster a collaborative, high-performance culture while providing technical assistance and facilitating professional growth.
  • Act as a liaison with other departments to ensure alignment on objectives and smooth resolution of operational challenges.
  • Maintain accurate records for compliance and audit purposes, ensuring operational activities adhere to internal controls and company guidelines.
  • To perform any additional duties or projects assigned by your line manager or senior management as needed.

Job Specifications

Academic Qualifications:

Bachelor’s Degree.

Experience Required:

+5 years Operations or related insurance experience

Training Required:

First time manager, Leadership and management trainings/ certificates

Languages:

Fluent in English, both written and oral

Key Competencies

Good PC skills including Microsoft office

The Company
614 Employees
Remote Workplace
Year Founded: 2001

What We Do

Specialist commercial insurer and reinsurer, underwriting a diversified portfolio of specialty lines.

Since our inception in 2001, IGI has been committed to providing specialty lines insurance and reinsurance solutions to our clients’ complex risks. Our reputation is based on focused underwriting expertise, flexibility in responding to customer needs, and ensuring efficient and responsive claims handling, all underpinned by stable management and a strong balance sheet.

Domiciled in Bermuda as a limited liability company, with offices in London, Amman, Bermuda, Malta, Oslo, Dubai, Casablanca and Kuala Lumpur, IGI is listed on Nasdaq Capital Markets under the symbol “IGIC”.

We write a worldwide portfolio of Energy, Property, General Aviation, Construction & Engineering, Ports & Terminals, Marine Cargo, Political Violence, Financial Institutions, General Third-Party Liability (Casualty), Legal Expenses, Professional Indemnity, D&O, Surety, Marine Trades, Marine Liability, Contingency, and Reinsurance Treaty Business.

Our ratings reflect the financial strength of our business: “A” (Stable) from AM Best; “A-” (Stable) from S&P. In 2023, we had net earnings of $118.2 million. Our holding company has assets in excess of $1,837.9 million, as at 31 December 2023

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