Insurance Manager

Job Title: Insurance Manager
Group Department: Executive Office & Admin
Department: Admin
Section: Fleet, Fuel & Insurance
Report to: Fleet , Fuel & insurance Senior Manager
Main Job Purpose:
The primary objective of this role is to manage and optimize the company’s insurance activities. This
involves developing tailored insurance policies, overseeing claims processing, and implementing risk
mitigation strategies to protect the company’s assets and ensure compliance with industry standards
and regulations. This role requires strong collaboration with insurance providers, legal teams, and
internal stakeholders to negotiate favorable terms, resolve claims efficiently, and minimize potential
losses and liabilities.
Duties & responsibilities:
1. Execute insurance strategies and policies specifically designed for the telecom industry.
2. Cultivate and maintain strong relationships with insurance providers to negotiate favorable terms,
coverage limits, and premiums.
3. Continuously monitor insurance market trends and recommend necessary adjustments to
insurance programs.
4. Supervise the processing and settlement of all insurance claims, including property and liability
claims.
5. Investigate and assess claim requests to determine coverage eligibility and ensure timely
resolution.
6. Work closely with legal and risk management teams to handle claims and litigation effectively.
7. Conduct thorough risk assessments and develop strategies to mitigate potential losses and
liabilities.
8. Implement and maintain safety and loss prevention programs aimed at reducing insurance claims
and premiums.
9. Ensure all insurance and risk management practices comply with regulatory requirements and
industry standards.
Behavioral Competencies
1. Communication: Effective in conveying information clearly and concisely to stakeholders,
including insurance providers and internal teams.
2. Analytical Thinking: Ability to analyze complex insurance and risk management data to make
informed decisions.
3. Attention to Detail: Meticulous in reviewing insurance policies, claims, and risk assessments to
ensure accuracy and compliance.
4. Negotiation Skills: Skilled in negotiating favorable terms with insurance providers to benefit the
company.
5. Problem-Solving: Proactive in identifying issues and developing solutions to manage claims and
mitigate risks.
6. Adaptability: Flexible adjusting strategies and policies based on changing market trends and
regulatory requirements.
7. Managing Teams: leading, guiding, and developing teams to manage insurance and risk
management programs, ensuring that all team members are well-equipped with the necessary
knowledge and skills to perform their roles efficiently, fostering a collaborative and highperforming work environment.
Technical Competencies
1. Insurance Policy Development: Expertise in implementing insurance strategies tailored to the
telecom industry.
2. Claims Processing: Proficient in overseeing the processing and settlement of various insurance
claims.
3. Risk Assessment: Skilled in conducting thorough risk assessments to identify potential losses
and liabilities.
4. Insurance Market Analysis: Ability to monitor and analyze insurance market trends to make
informed recommendations.
5. Regulatory Compliance: Knowledgeable in ensuring compliance with industry standards and
regulatory requirements.
6. Legal Knowledge: Understanding legal aspects related to insurance claims and litigation.
7. Data Management: Competent in managing and analyzing data related to insurance and risk
management.
Qualifications required:
Education:
▪ Bachelor’s degree in business administration insurance, insurance, or a related field.
Experience:
▪ 5 – 7 years of experience in insurance management, preferably within the telecom or technology
industry or similar industry.
Languages:
▪ Fluent in English/Arabic (Written& Spoken)