240 Insurance jobs in the United Arab Emirates
Product Manager Secured Loans and Home Insurance UAE
Posted today
Job Viewed
Job Description
Product Manager Secured Loans and Home Insurance UAE (000K1UL)
Some careers shine brighter than others.
If you're looking for a career that will help you stand out, join HSBC and fulfill your potential. Whether you want a career that could take you to the top or simply take you in an exciting new direction, HSBC offers opportunities, support, and rewards that will take you further.
Wealth and Personal Banking is our new global business combining Retail Banking and Wealth Management; and Global Private Banking, to become one of the world's largest wealth managers with USD1.4 trillion in assets. Our dedicated colleagues serve millions of customers worldwide across the entire spectrum of private wealth, ranging from personal banking for individuals and families to business owners, investors, and ultra-high-net-worth individuals. We provide products and services such as bank accounts, credit cards, personal loans, mortgages, asset management, insurance, wealth management, and private banking tailored to our customers' needs.
We are currently seeking an ambitious individual to join our Wealth and Personal Banking team, working together with colleagues to define, manage, and achieve divisional business targets.
In this role, you will:- Report to the Head of Secured Lending and support the delivery of the business strategy for Mortgage and Secured OD products & services, including Variable rate, Fixed rate, and Green Mortgage for UAE properties.
- Hold overall responsibility for Mortgage products, focusing on product strategy execution, platform and controls oversight, and supporting the management of the Country product P&L.
- Collaborate with global and country teams across Mortgages, Operations, Technology, Sales & Distribution, Proposition, and Marketing to deliver competitive solutions that meet client needs.
- This is a managerial role within the Transactional Banking and Mortgages team.
To be successful in this role, you should meet the following requirements:
- Bachelor's degree (must obtain visa in UAE)
- Relevant experience in local and international Mortgage Products
- Strong product management knowledge and proven ability to formulate product strategies
- Experience in product development, designing customer journeys, and utilizing analytics & insights
- Organizational leadership and commercial management experience in Mortgage products
- Proven ability to drive implementation of operations/systems programs as a subject matter expert
- Strong leadership and communication skills
- Relevant qualification in a business discipline
- Highly numerate and financially literate
- Effective communicator with excellent interpersonal skills
- Energetic and enthusiastic
- Excellent relationship-building and stakeholder management skills
- Strong leadership capabilities
- Ability to navigate conflicting priorities in a complex environment
- Influential, engaging, and inspiring leadership style
- Meet leadership capability requirements including values level
- Potential for further personal and professional development
You'll achieve more at HSBC.
HSBC is committed to fostering a diverse and inclusive workplace where all employees are valued and respected. We support continuous professional development, flexible working, and opportunities for growth.
We believe diversity enhances our innovation, risk management, and business growth. Personal data from employment applications will be handled according to our Privacy Statement, available on our website.
Issued by The Hong Kong and Shanghai Banking Corporation Limited.
#J-18808-LjbffrInsurance Coordinator
Posted today
Job Viewed
Job Description
About Us
Indusland Logistics is a leading logistics company that provides reliable and efficient transportation solutions to businesses across diverse industries. We are currently seeking an experienced and detail-oriented Insurance Coordinator to join our team and assist in managing our insurance operations.
As an Insurance Coordinator, you will be responsible for overseeing all insurance-related matters within the company. You will work closely with our insurance providers, internal teams, and clients to ensure proper coverage is in place and claims are handled efficiently. Your role will be crucial in mitigating risks and protecting the company’s assets.
Key Responsibilities:
– Collaborate with our insurance providers to obtain and maintain appropriate insurance coverage for the company
– Provide advice and guidance to internal teams on insurance policies, coverage, and claims procedures
– Develop and maintain relationships with insurance providers, negotiating rates and ensuring cost-effectiveness for the company
– Review and analyze insurance policies to identify any gaps in coverage and recommend necessary improvements
– Manage insurance claims from start to finish, including documentation, communication with insurance providers, and follow-up to ensure timely payments
– Conduct risk assessments and make recommendations for risk management strategies to minimize potential losses
– Stay updated on changes in insurance regulations and laws and ensure compliance within the company
– Maintain accurate records of insurance policies, claims, and payments, and produce reports as required
– Assist in the development and implementation of insurance-related policies and procedures
– Provide training and support to other team members on insurance matters as needed
Qualifications:
– Bachelor’s degree in Business Administration, Risk Management, or a related field
– Minimum of 3 years of experience in insurance coordination or a similar role
– Strong knowledge of insurance policies, claims procedures, and risk management strategies
– Excellent communication and interpersonal skills, with the ability to build and maintain relationships with insurance providers, clients, and internal teams
– Proven ability to analyze and review insurance policies and contracts
– Highly organized with strong attention to detail and ability to manage multiple tasks and deadlines
– Proficient in Microsoft Office and other relevant software programs
– Ability to work independently and as part of a team, with a proactive and positive attitude
At Indusland Logistics, we value our employees and offer a competitive salary package, opportunities for growth and development, and a supportive work environment. If you have a passion for insurance and risk management and want to be part of a dynamic team, then we want to hear from you!
#J-18808-LjbffrTechnical Product Manager (Insurance Product)
Posted today
Job Viewed
Job Description
10 – 15 Years (Min 5+ Years in Insurance Domain
RESPONSIBILITIES (INCLUDES ALL TASKS):
- Develop a deep understanding of Customer / Market Needs based on research, customer interviews and studies
- Own the product backlog: author the epics and stories, create acceptance criteria, and actively refine it to ensure availability of a steady flow of requirements to the team
- Perform market assessment and understand the competitive landscape
- Breakdown business requirements for technical implementation.
- Work with strategy and commercial team to develop a product strategy, pricing, and revenue model.
- Define qualitative and quantitative success metrics and track them
- You are the voice of the customer and will act in that capacity to ensure the team achieves the product objectives
- Assist the product team by providing expertise/suggestions in the areas of design, storytelling, interaction design, visual design, user research and user behavior
- Proactively identify risks and issues, assist with gap analysis and develop proof-of-concepts
- Develop Product Positioning that differentiates product features from competitors
- Develop marketing strategy for GTM and demand creation as well as understand market size.
TECHNICAL SKILLS /COMPETENCIES:
MANDATORY
- 5+ years of relevant experience on insurance / insuretech products/projects
- Strong understanding of insurance domain and up to date understanding of insurance markets
- Experience backed with evidence in delivering at least one product/project in the last 3 years using Agile or lean product methodologies
- Strong quantitative and qualitative skills to support product decisions, define KPIs, prioritization skills.
- Comfort with reading market reports, whitepapers, technical papers and more to make a well-reasoned and referenced argument.
SOFT SKILLS:
MANDATORY
- Ability to communicate clearly with all relevant stakeholders verbally and in writing.
- A strong team player spirit and an interest in learning new things
Manager - Life and Medical Insurance
Posted today
Job Viewed
Job Description
Confidential
- Responsible for providing leadership and direction to position the company as a leading provider of medical insurance line of business within the marketplace. This individual functions as a Senior Level Executive charged with guiding the development and execution of strategic underwriting directives to contribute to continued retention and profitable growth of total written premium in the medical business.
- Will be actively involved in retail and corporate initiatives in the development of existing and new lines of business, including articulating and building strategy to develop the company in Kuwait as a key provider of medical insurance business.
- Strong distributor relationships and able to build a team of market-facing underwriters.
- Responsibilities also include identifying new opportunities, competitive market and pricing research, coverage analysis and a hands-on approach to providing the management team direction and guidance on attainment of growth and profitability targets.
- Possesses the necessary underwriting expertise and industry experience to lead the company into meeting its plans for immediate expansion and development.
- Responsible for obtaining profitable results through the underwriting and claims teams by developing each team through motivation, counselling, skills development and product knowledge development.
- Responsible for the planning, recruitment, direction, organization, monitoring and control of underwriters to accomplish specific objectives.
- Responsible for monitoring the performance of the third-party administrator by establishing a system of reports and communications, timely audits, case management and fraud control.
- Plan and implement all regulatory reporting and compliance.
- Lead data analytics, risk management and actuarial reviews.
- Review and plan reinsurance arrangements.
- 10 years plus insurance experience in underwriting and claims management of medical insurance products in a leading insurance company.
- Exceptionally strong senior level management and leadership skills.
- Familiarity with managing health data analytics and setting the agenda for actuarial reviews.
- Insurance certification: ACII / equivalent or higher.
- A demonstrated and proven track record in leading and developing business and business relationships at a national corporate level.
- Strong flexibility to travel as required to meet retail and corporate mandates.
- Local / GCC experience a big plus.
- Bachelor's/ Master's Degree or equivalent in any discipline with Science/ Medical/ Mathematics as one of the subjects.
Insurance Consultant (UAE Nationals only)
Posted today
Job Viewed
Job Description
107340
Job SummaryZurich Middle East is part of Zurich Insurance Group, one of the world’s largest and most experienced insurers. Our mission is to help our local community understand and protect themselves from risk both locally and globally.
We are seeking highly motivated individuals to join our dynamic training program. As a Tathmeer talent program participant, you will have the opportunity to learn and develop your skills under the guidance of experienced professionals while working on real-world projects. This position is ideal for individuals who are eager to kick-start their careers and gain valuable practical knowledge.
Job AccountabilitiesIn this role as a Tathmeer talent program participant, you will:
- Participate in a program that provides a unique blend of training, coaching, real projects, and work experience, equipping employees with required skills and knowledge to grow and advance in the insurance industry.
- Gain insights into different business areas and collaborate with respective team members on special projects and day-to-day activities.
- Be a valuable team player, participate in group discussions, meetings, knowledge-sharing sessions, and exchange ideas and experiences.
- Have the opportunity to gradually integrate with the team into permanent roles of interest and continue your learning journey.
- Participate in the Ethraa structured training programme.
- Get hands-on experience in vital business areas from experts and growth partners and immediately apply that knowledge.
- Engage with teams, managers, and growth partners on departmental daily processes and goals, and potentially discover new talents and interests.
- Work with customers and stakeholders across different business areas in a multinational and multicultural setup.
- Apply communication skills to service Zurich’s customers and support team members in maintaining relationships with them.
- Have visibility and access to different stakeholders to identify growth opportunities and develop.
- Identify and resolve real-time problems while working with growth partners and managers.
- Take ownership and use opportunities to grow and develop skills and knowledge in insurance.
We are always looking for talented, ambitious, and proactive individuals. While some skills will be developed, the following are minimum requirements:
- UAE National with Family book.
- Holder of a Bachelor’s degree obtained within the past 2 years with a minimum GPA of 3.
- Willing to learn and develop skills in the insurance industry.
- Strong command of English at a minimum level of B2.
- Proactive and willing to take ownership and responsibility for delegated work and learning activities.
- Willing to travel to the office at least 3 times a week or as directed.
- Strong communication and analytical skills.
- Enthusiastic to join a multinational and multicultural environment and explore different areas.
At Zurich, we like to think outside the box and challenge the status quo. We take an optimistic approach by focusing on the positives and constantly asking, 'What can go right?'
We are an equal opportunity employer who knows that each employee is unique - that’s what makes our team so great! Join us as we constantly explore new ways to protect our customers and the planet.
#J-18808-LjbffrInsurance Agent
Posted today
Job Viewed
Job Description
Bayut & dubizzle have the unique distinction of being iconic, homegrown brands with a strong presence across the seven emirates in the UAE. Connecting millions of users across the country, we are committed to delivering the best online search experience.
As part of Dubizzle Group, we are alongside some of the strongest classified brands in the market. With a collective strength of 5 brands, we have more than 123 million monthly users that trust in our dedication to providing them with the best platform for their needs.
As Insurance Agent, you will be responsible for Increasing our Insurance Penetration, finance partners and Insurance Brokerage. You will work between the company and clients to achieve Auto Finance and Insurance targets. In addition, you must possess strong communication and negotiations abilities to increase closing ratio.
You will be working in a fast paced, high performing team. The individual needs to demonstrate initiative, great attention to detail and have a proven ability to work in a fast paced, high performing team.
In this role, you will:
- Target oriented and strong closer.
- Ensure communicating with all our clients and completing their finance and insurance.
- Work closely with our banks, insurance brokers and transfer team to ensure success of vehicle transfer.
- Identity and understand our client’s objections and offer solutions.
- Assist with clients queries and questions via phone, email or during the viewings.
- Understand the motors market and its various audiences.
- Increase partnerships with Banks and Insurance Brokerage.
- Promote different rates which satisfy the buyer’s needs.
- Understand the customers’ needs very well before offering the product.
- Build rapport and strong relationship with our clients (Sellers and buyers)
- Prepare daily reports for Finance and Insurance updates. Number of deals closed. Pipeline.
- Bachelor’s Degree
- Minimum of 2 years’ of experience as a Finance Agent in UAE (Preferably in Banks
- Experience in using CRM software/Apps (Preferred Salesforce)
- Valid UAE driver’s license and willingness to hit the road to meet new and existing clients.
- Well-versed in customer services and training techniques with the ability to learn quickly.
- Excellent written and verbal communications skills in English.
- Strong closing skills.
- Ability to multitask, prioritize, and manage time effectively & efficiently.
- Highly presentable with a responsible and professional attitude.
- Strong customer service attitude, work ethic, and a drive for success.
- Passion for helping others.
- A fast paced, high performing team.
- Multicultural environment with over 60 different nationalities
- Competitive Tax-free Salary
- Comprehensive Health insurance
- Annual Air Ticket Allowance
- Employee discounts at multiple vendors across the emirates
- Rewards & Recognitions
- Learning & Development
Bayut & dubizzle is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.
#UAEdubizzle
#J-18808-LjbffrInsurance Coordinator
Posted today
Job Viewed
Job Description
Company: Medical Equipment Sales Company
Job Description:
- The Insurance Coordinator is responsible for handling the medical insurance-related tasks within a medical equipment sales company.
- Ensuring compliance with insurance guidelines, processing insurance claims, maintaining relationships with insurance companies, and assisting clients in navigating insurance policies for the purchase or rental of medical equipment.
- Manage and process insurance claims for the sale and rental of medical equipment.
- Ensure all claims are submitted accurately and in a timely manner.
- Liaise with insurance companies to resolve claim disputes, rejections, or delays.
- Assist customers in understanding their insurance coverage for medical equipment purchases.
- Guide customers through the insurance documentation process, including claim forms and necessary approvals.
- Maintain detailed records of insurance claims, approvals, and customer interactions.
- Ensure that the company’s operations related to insurance claims comply with UAE insurance regulations.
- Handle insurance billing processes, ensuring accurate submission and timely follow-up on payments.
- Collaborate with finance teams to ensure accurate invoicing and payment tracking for insurance claims.
Full Name *
Email *
Phone *
Upload CV/Resume * Allowed Type(s): .pdf, .doc, .docx
By using this form you agree with the storage and handling of your data by this website. *
#J-18808-LjbffrBe The First To Know
About the latest Insurance Jobs in United Arab Emirates !
Head of Insurance/Reinsurance - Chubb Digital Partners
Posted today
Job Viewed
Job Description
Trending
Job DescriptionThe Opportunity
Chubb has setup a flagship digital affinity company called Chubb Digital Partners (CDP), which will provide holistic embedded insurance or protection value propositions for distribution partners in Life, General, and Health Insurance, as well as Value-Added Services (VAS). CDP will conduct operations in India, Saudi Arabia, Turkey, the United Arab Emirates, and across Africa. The company will either operate as an insurance intermediary and/or operate as a tech services provider.
CDP will start with a lean team structure, a key vertical of which will be the Insurance / Reinsurance vertical. The Head of Insurance / Reinsurance will oversee the end-to-end interaction of insurance / reinsurance within CDP, including:
- Creating product constructs tailored for partners’ customers
- Sourcing preliminary pricing from within Chubb and externally from insurers / reinsurers / assistance service providers
- Managing relationships with insurers and reinsurers across key markets
- Supporting the Partnerships and Growth teams on partnership pitches, growth strategy, and expansion of markets / solutions
- Leading and driving the reinsurance strategy and setup for Chubb Digital Partners
- Executing product launches with partners across key markets
The Head of Insurance / Reinsurance will also be responsible for ensuring the pricing and profitability of products for CDP by aligning with the CEO and the Finance Department.
Your Responsibilities for this role may include, but are not limited to:
- Define the insurance strategy and profitability optimization relevant for the growth and profitable scaling of CDP
- Create fit-for-purpose insurance solutions for partners by sourcing from within Chubb and / or from external insurers / reinsurers / assistance service providers
- Drive end-to-end insurance products and solutions, from insurance solution pitches / proposals to launch
- Support in estimating opportunity size, including commercialization
- Engage & grow relationships internally within Chubb’s ecosystem as well as with external insurers, reinsurers, assistance services providers, brokers, and TPAs
- Prepare documentation and oversee relevant processes for – product proposals, product specifications, commercial models, insurance content, and customer-compliant documents
- Review & negotiate commercials within Chubb and with insurers / reinsurers / assistance service providers, including benefits, exclusions, T&Cs, onboarding & claims practices
- Review & propose regulatory and legal requirements for partnerships, insurance structures, taxes & fund flows
- Work with the Strategy team to design and create storylines, visions, and narratives for partners
- Represent CDP at industry events and conferences
What skills & experience are required?
- Minimum 15+ years working experience in the insurance or financial services industry
- Prior experience in reinsurance is preferred
- Prior experience in Insurtech industry is a bonus
- Strong network with insurers and reinsurers in India and MENA markets is required
- Experience in fast, growing startup or similar
- Extensive experience in general insurance (travel and retail verticals), any additional experience in Life and Health insurance is a bonus
- Experience in developing and executing end-to-end product launches, especially through an insurtech
- Experience in product pricing, including actuarial and data-related work
- Proven track record of leading and delivering complex projects from conception to production
- Familiarity with the industry or sector relevant to the organization is a plus
- Able to work on the ground with team members and cross functional teams beyond leadership-related responsibilities
- Willingness to travel as needed
Our core values dictate how we live and work. We’re an ethical and honest company that’s wholly committed to its clients. A business that’s engaged in mutual trust and respect for its employees and partners. A place where colleagues perform at the highest levels. And a working environment that’s collaborative and supportive.
Diversity & Inclusion.At Chubb we consider our people our chief competitive advantage and as such we treat colleagues, candidates, clients, and business partners with equality, fairness and respect, regardless of their age, disability, race, religion or belief, gender, sexual orientation, marital status or family circumstances.
We are committed to ensuring our recruitment process is inclusive and accessible to all. If you have a disability or long-term condition (for example dyslexia, anxiety, autism, a mobility condition or hearing loss) and need us to make any reasonable adjustments, changes or do anything differently during the recruitment process, please let us know in your application or in any future discussions with our recruiters
About UsChubb is a world leader in insurance. With operations in 54 countries, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance and life insurance to a diverse group of clients. The company is distinguished by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength, underwriting excellence, superior claims handling expertise and local operations globally.
Job Info- Job Identification 16567
- Job Schedule Full time
- Regular or Temporary Regular
- Job Category Client & Account Management
- Business Unit United Arab Emirates
- Legal Employer Chubb Underwriting (DIFC) Limited
Consultant | Insurance Claims Services | Economic & Financial Consulting
Posted today
Job Viewed
Job Description
FTI Consulting is the leading global expert firm for organizations facing crisis and transformation. We work with many of the world’s top multinational corporations, law firms, banks and private equity firms on their most important issues to deliver impact that makes a difference. From resolving disputes, navigating crises, managing risk and optimizing performance, our teams respond rapidly to dynamic and complex situations.
At FTI Consulting, you’ll work side-by side with leaders who have shaped history, helping solve the biggest challenges making headlines today. From day one, you’ll be an integral part of a focused team where you can make a real impact. You’ll be surrounded by an open, collaborative culture that embraces diversity, recognition, professional development and, most importantly, you.
Are you ready to make your impact?
About the Role
FTI Consulting’s Insurance Claims Services team specialise in the assessment of financial losses ensuing from insured perils. We quantify insured losses in the context of contractual claims, litigation, arbitration, expert determination and mediation.
As part of the wider Economic and Financial Consulting practice, our multi-disciplinary team provides specialist accounting and insurance expertise to support our clients. We prepare independent and reliable assessments of the economic losses sustained by clients in a range of contexts, often following interruption to a business’s operations. We work closely with international law firms and global conglomerates, on varied and challenging assignments across a wide spectrum of industries.
What We Do
Examples of some of our recent projects include:
Quantifying economic losses ensuing from business interruption following operational restrictions arising from COVID-19
We were engaged to assess the economic losses arising from the closure of our client’s leisure resorts following the onset of the COVID-19 pandemic. Our tasks included the quantification of loss of profits, and associated savings across multiple properties, liaising closely with our client’s appointed legal counsel to align our analysis with the client’s policy specifications.
Quantifying economic losses ensuing from property damage due to a fire at a pharmaceutical production facility
We were engaged to assess the financial losses resulting from the fire at a manufacturing plant. Our tasks included ascertaining the property damage rectification costs and calculating the associated loss of profits and increased costs of working due to the temporary closure of the plant.
What You’ll Do
Our practice is growing quickly, and it is an exciting time to join us. We work on fascinating projects across many different industries and in situations that matter greatly to our clients. As a Consultant you will have the opportunity to apply your intellect and skills to a diverse range of economic, valuation and business issues. You will play a key role in our projects, working in small teams to carry out industry, market, and quantitative analysis, and to report our findings in a clear, concise, and structured way.
How You’ll Grow
We offer a competitive and attractive rewards package, excellent training and development, opportunities to work abroad, and a supportive and friendly environment that will help you to achieve your potential. The skills and experience you will develop with us will stand you in good stead for the rest of your career.
#LI-RT2
#LI-Hybrid
Our goal is to support the wellbeing of you and your families—physically, emotionally, and financially. We offer market competitive benefits, including professional development programme, wellness, recognition, community volunteering initiatives, and flexible/hybrid working arrangements.
About FTI Consulting
FTI Consulting, Inc. is the leading global expert firm for organizations facing crisis and transformation, with more than 8,300 employees located in 34 countries and territories. Our broad and diverse bench of award–winning experts advise their clients when they are facing their most significant opportunities and challenges. The Company generated $3.7 billion in revenues during fiscal year 2024. In certain jurisdictions, FTI Consulting’s services are provided through distinct legal entities that are separately capitalized and independently managed. FTI Consulting is publicly traded on the New York Stock Exchange. For more information, visit and connect with us on Instagram and LinkedIn.
FTI Consulting is an equal opportunity employer and does not discriminate on the basis of race, color, national origin, ancestry, citizenship status, protected veteran status, religion, physical or mental disability, marital status, sex, sexual orientation, gender identity or expression, age, or any other basis protected by law, ordinance, or regulation.
#LI-RT2
#LI-Hybrid
Additional Information
My ProfileCreate and manage profiles for future opportunities.
At FTI Consulting, our goal is to attract, hire, acquire, develop and, most importantly, retain the best and most talentedpeople in the world. As our company continues to grow, we remain focused on building and maintaining a strong cultureof diversity and inclusion. All qualified applicants will receive consideration for employment without regard to race,color, religion, creed, national origin or ancestry, gender, age, marital status, sexual orientation, status as a qualifiedindividual with a disability, status as a protected veteran, union affiliation, genetic information, sex, citizenshipstatus, or any other factor prohibited by law.
#J-18808-LjbffrJunior AML Analyst - Anti-Money Laundering - Dubai | Financial Services| Orient Insurance PJSC
Posted today
Job Viewed
Job Description
Press Tab to Move to Skip to Content Link
Select how often (in days) to receive an alert:
Junior AML Analyst - Anti-Money Laundering - Dubai | Financial Services| Orient Insurance PJSCEstablished in the 1930s as a trading business, Al-Futtaim Group today is one of the most diversified and progressive, privately held regional businesses headquartered in Dubai, United Arab Emirates. Structured into five operating divisions; automotive, financial services, real estate, retail and healthcare; employing more than 35,000 employees across more than 20 countries in the Middle East, Asia and Africa, Al-Futtaim Group partners with over 200 of the world's most admired and innovative brands. Al-Futtaim Group’s entrepreneurship and relentless customer focus enables the organization to continue to grow and expand; responding to the changing needs of our customers within the societies in which we operate.
By upholding our values of respect, excellence, collaboration and integrity; Al-Futtaim Group continues to enrich the lives and aspirations of our customers each and every day.
We are currently seeking a Junior AML Analyst to join our Insurance Division. The Junior Anti Money Laundering Analyst is an entry level role responsible for assisting compliance department in establishing, implementing internal procedures to prevent money laundering and to support the AML compliance department in ensuring that there is a proper framework, governance, and compliance of the Insurance division in line with the AML/CFT regulatory requirements.
What you will do:
- Assisting compliance department in development and implementation of AML policies and procedures.
- Regular coordination and follow up with internal departments for obtaining due diligence documents.
- Execute Due Diligence activity as per the defined process and regulatory guidelines.
- Completion of client risk assessment.
- Tracking and management of the various documents as per record retention policy.
- Ensure all reporting timelines are met as per agreed Turnaround Time (TAT).
- Screening and Transaction Monitoring Systems Review/Implementation
- Identify Red flags and control issues with respect to KYC/Client on boarding.
- Investigate and Preparation of Suspicious Activity Reports and Suspicious Transaction Reports.
- Liaise with regulators and supervisors in connection with the AML program and related regulatory issues.
- Build strong partnership with Internal Audit, Operations departments, Business development and other stakeholders in connection with the AML Program.
- Work with leaders throughout enterprise to resolve efforts to address related open issues in a timely and effective manner.
- Responsible to seek AML compliance Advice from the compliance committee, organize and participate in the compliance committee meeting.
- Timely filing of regulatory reports with the regulator.
- Develop training presentation and conduct training relating to AML/CTF, FATCA & CRS.
- Assist in the planning, execution and results analysis of AML compliance reviews.
- Work with the business lines during test work to understand control processes and to identify action plans to address control deficiencies.
- Communication with various levels of management to ensure AML/CFT compliance.
- Maintain ongoing awareness, current knowledge of all applicable internal and external AML compliance regulatory requirements and identifying any issues that could impact the Institution.
- Review high risk relationships especially cases that are escalated to Senior Management and ensure that all risks are appropriately highlighted for sign-off.
What equips you for the role:
- Minimum 1 year of AML compliance experience in banking, insurance industry.
- Bachelor’s Degree preferably on Commerce or Business Administration.
- Knowledge of transaction monitoring systems and screening tools.
- Knowledge of FATCA & CRS regulation.
Required skills to be successful:
- Strong AML analysis skills, good knowledgeand understanding of industry best practices, internal controls, regulatory requirements.
- Language Skills: An exceptional ability in oral and written English.
- Excellent organizational skills, having the ability to prioritize workload whilst being resilient and being able to cope well under pressure.
- Excellent interpersonal skills and an ability to converse confidently with various levels of management
Note: Only UAE based candidates meeting the above criteria will be shortlisted.
About Orient Insurance PJSC:
Orient Insurance Company commenced operations in 1982 as a part of the reputed Al-Futtaim Group and has since recorded a progressively steady growth. The Company is counted among the leaders in the UAE insurance market. Orient Insurance Company has a paid-up capital of AED 500 Million which is the highest in the insurance industry in UAE. With head office in Dubai, the company serves its clientele through an extensive branch network in Jebel Ali, Abu Dhabi, Al Ain, Sharjah and Ras Al Khaimah in UAE, Muscat in Sultanate of Oman , Kingdom of Saudi Arabia in Riyadh and Bahrain.
#J-18808-Ljbffr