Job Details
Experience Needed:
Career Level:
Education Level:
Salary:
Job Categories:
Skills And Tools:
Job Description
Job Description
- Calculate premiums, refunds, commissions, adjustments, and new reserve requirements, using insurance rate standards.
- Check computations of interest accrued & premiums due.
- Collect initial premiums and issue receipts.
- Compare information from application to criteria for policy reinstatement and approve reinstatement when criteria are met.
- Correspond with insured or agent to obtain information or inform them account status or changes.
- Examine letters from policyholders or agents, original insurance applications, and other company documents to determine if changes are needed and effects of changes.
- Modify, update, and process existing policies and claims to reflect any change in beneficiary, amount of coverage, or type of insurance.
- Notify insurance agent and accounting department of policy issuing or cancellation.
- Obtain computer printout of policy cancellations or retrieve cancellation cards from file.
- Organize and work with detailed office or warehouse records, maintaining files for each policyholder, including policies that are to be reinstated or cancelled.
- Process and record new insurance policies and claims.
- Process, prepare, and submit business or government forms, such as submitting applications for coverage to insurance carriers.
- Review and verify data, such as age, name, address, and principal sum and value of property on insurance applications and policies.
- Transcribe data to worksheets and enter data into computer for use in preparing documents and adjusting accounts
- Follow up all membership additions and/or cancellations as per each policy requirements
Working Conditions
- Working hours start from 09:00 AM till 05:00 PM
- Six working days/week
Job Requirements
- Bachelor degree is a must (Insurance study is Preferable)
- 1 - 4 years of experience in insurance field.
- Excellent command of Arabic & English language (written, spoken and understanding)
- Solid computer skills of different applications, MS Office and internet.
- Flexibility and ability to work under pressure and multitask oriented.
- Honesty and reliability
- The ability to work at her/his own initiative and to tight deadlines
- Good interpersonal skills.
