Insurance Manager

Job Description

Job Purpose

To manage range of risk and insurance matters of Dubai International Airports, providing insurance information to management for decision making and effective implementations

Accountabilities of the role

1. Administer coverage and resolve claims for all insurance policies such as fire & perils insurance – priority coverage, airport operators insurance – third party liability, vehicle insurance- comprehensive & third party coverage and workmen’s compensation insurance
2. Evaluation of competitive bids (premium rates, terms and conditions) and vetting the reinsurance security offered by the bidders
3. Incident reporting of property & operators liability insurance: coordination with various internal division such as safety and security services, fire services, engineering services, protocol & public relations and duty officers for the incident reports of the accidents
4. Intimating insurance companies about the incident and submission of all reports and documents required for the lodgement of the claim of damage/loss and assisting the insurance surveyors to carry out the survey on time to time
5. Co-ordination with the insurance companies for processing the claims and providing information for the justification of the lodged claims. Acceptance or rejection of the settlement of claims negotiations, dispute resolution proceedings etc.
6. Monitor vehicle insurance: coordination with the motor transport section for the vehicles coverage and claims of the vehicles involved in the accidents and coverage period of insurance renewal
7. Calculation of claims based on the terms of the insurance, UAE Federal Labour Law and submission of claim report to the underwriters. Acceptance/rejection/negotiation of the settlement of the claim based on the terms of the insurance contract and UAE Federal Labour Law