Alshaya Group
Deputy Manager - Group Management
- Permanent
- Al Kuwait City, Kuwait
- Experience 5 - 10 yrs
Job overview
Date posted
14/08/2025
Location
Al Kuwait City, Kuwait
Salary
Undisclosed
Compensation
Comprehensive package
Experience
5 - 10 yrs
Seniority
Manager
Qualification
Bachelors degree
Expiration date
28/09/2025
Job description
Assist the Head of Insurance in managing the in-house insurance function of a diversified group with operations in over 19 countries, spanning retail, real estate, trading, hotels, and other businesses. The role involves policy review, claims preparation, analytical support for HR-related and non-HR-related insurance, procurement of coverage, portfolio management, stakeholder coordination, premium budgeting, and training design.
Required skills
insurance portfolio management
policy review
claims preparation
risk assessment
premium budgeting
data analysis
insurance negotiation
policy wording review
claims data analysis
insurance premium allocation
third party claims recovery
training design
risk management
MS Office
insurance process awareness
insurance supplier management
Key responsibilities
- Assist in procuring adequate insurance coverage as required by the business and provide insights on claims and potential premium impacts.
- Manage the insurance portfolio across all operating countries, including data collection, maintenance, placement, renewal, and analysis.
- Coordinate with stakeholders to gather key data and present it professionally to insurance providers and brokers.
- Prepare and review risk-related information from various businesses to assess associated risks.
- Negotiate premiums and terms with brokers in coordination with the Head of Insurance.
- Review policy wordings to ensure coverage aligns with agreed terms.
- Analyze claims data to support negotiations for better insurance terms.
- Administer requirements under insurance policies including declarations and data processing.
- Prepare insurance claims by coordinating with internal departments and negotiating with insurers.
- Provide analytical support to advise various company functions on insurance matters.
- Prepare insurance premium budgets in coordination with business units.
- Develop a methodology for allocating premiums to various stakeholders.
- Manage claim preparation and settlement processes.
- Assist in recovering claims from third parties related to shipments and property damage.
- Train and mentor insurance officers for greater independence.
- Design and deliver training programs to raise insurance process awareness among stakeholders.
Experience & skills
- Bachelor’s degree in Mathematics, Science, Commerce, or Management.
- Professional qualification such as ACII, FIII, MIRM, or ARM preferred.
- 5–7 years of managerial experience in insurance and risk management.
- Well-versed in all aspects of insurance and risk management.
- Thorough knowledge of MS Office and similar applications.
- Ability to work independently.
- Experience in brokerage or insurance company is an advantage.