Specialist Insurance Emiratized Role

Job Description

The Insurance Specialist is responsible for managing and administering various insurance policies, with a primary focus on Group Medical Insurance. The role involves handling additions, deletions, claims, and disputes, as well as supporting the preparation of documents for RFIs/RFQs and ensuring smooth operational workflows. The Insurance Specialist will proactively identify gaps in coverage, evaluate insurable risks, and provide recommendations to enhance policy effectiveness.

Responsibilities

Key Responsibilities :

Medical Insurance Management

• Administer Group Medical Insurance, including additions, deletions, and modifications.
• Handle reimbursement claims, resolve disputes, and provide necessary support for claim processing.
• Act as the primary point of contact for employees regarding queries related to Group Medical Insurance.
• Maintain accurate records of payment processing, cross-check invoices, and ensure timely submission of payments.
  
  

• Prepare and maintain documentation for insurance policies, declarations, certificates, and premium payouts.
• Track and update policy-related changes, ensuring all additions, deletions, and modifications are accurately recorded.
• Support the preparation of necessary declarations for various policies, including Fleet, Marine, Business Travel, and others.
  
  

• Create templates to record risks as they are identified and evaluate whether they can be incorporated into insurance coverage.
• Proactively identify gaps in coverage and evaluate insurable risks to advise the Director/Insurance on potential improvements.
  
  

• Prepare Purchase Requests (PR) and other related activities to support the procurement process ensure timely release of payments for insurance premiums and related expenses.
• Ensure all receipts are duly accounted for and reconciled with payment records.
• Verify the accuracy of all premiums, profit commissions, and return premiums to ensure correctness.
  
  

• Assist in the preparation of documents for Requests for Information (RFI) and Requests for Quotation (RFQ).
• Supports in analysing insurance quotes and provide insights to support decision-making.
  
  

• Handle clerical tasks to ensure smooth operations within the insurance section.
• Maintain organized records and ensure compliance with internal processes and external regulations.
  
  

• Stay updated on the latest AI tools and IT solutions to enhance operational efficiency.
• Utilize technology to streamline workflows and improve data analysis for insurance management.
  
  

• Minimum bachelor’s degree in business administration, Insurance, Risk Management, or a related field.
• Professional certifications in insurance or risk management (e.g., CII, ARM) are preferred.
  
  

• Minimum 5-7 years of experience in insurance management, with a focus on medical insurance and corporate policies.
• Proven track record in claims handling ( mainly medical), policy administration, and risk evaluation.
  
  

• Proficiency in Microsoft Office Suite (Excel, Word, PowerPoint).
• Familiarity with AI tools/IT solutions for insurance operations.
• Strong analytical skills for evaluating quotes and identifying insurable risks.
  
  

• Excellent communication and interpersonal skills to liaise with employees and stakeholders.
• Strong organizational and multitasking abilities to manage multiple policies and tasks simultaneously.
• Proactive mindset with the ability to identify gaps and recommend solutions.