A major insurance company seeks a Chief Operations Officer (COO) to lead and direct teams of account specialists, underwriters and managers of its Reinsurance Group. The ideal candidate would have a strong background in insurance sales & marketing and underwriting in emerging markets in Asia and Sub-Saharan Africa. The incumbent’s main duties will include the following:
Primary Responsibilities:
· Design and implement a strategic plan for the operation outfit with the approval of the CEO
· Grow the premium income of the company through prudent marketing strategies to the levels approved in the strategic plan
· Design an effective system to ensure good underwriting, risk management, reinsurance and claims to realize underwriting profit approved in the strategic plan
· Actively monitor the environment and quarterly develop insurance products including e-products to meet the needs of the insuring market
· Motivate and lead a high performing middle management team including MIS, Brokerage, Reinsurance and other managers
· Responsible for the measurement and effectiveness of all processes internal and external. Provides timely, accurate and complete reports on the operating condition of the company.
· Any other duties assigned by the CEO
Qualifications:
· 3 years or more in a managerial or decision making role that’s responsible for a business unit or operations. Must have at least 9 years of work experience.
· Prior experience in underwriting, insurance sales and marketing, and reinsurance are required.
· Professional insurance certification and licenses, minimum of undergraduate degree is also required.
· Extensive knowledge of e-products (internet-based products) and mobile-based products for the insurance market.
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