Sunday 12 May 2013

Fresh Graduates Underwriter Specialist - Arab Orient Takaful Insurance

Underwriter Specialist Jobs in Egypt and career vacancies in cairo 2013 

Employer    Arab Orient Takaful Insurance Co. (AOTIC)
Job Title     Underwriter Specialist
Languages     Fluency in English is a must Fluency in Arabic
Country     Egypt
Job Category    Insurance
Job Type    Full Time
Description     calculating possible risk and deciding how much individuals or organisations should pay for insurance (the premium); deciding whether the risk should be shared with a re-insurer; computing results for appropriate premiums using actuarial information, other statistics and own judgment; visiting brokers or potential customers and preparing quotes; liaising with specialists, such as surveyors or doctors, for risk assessment; gathering information and various types of reports (e.g. medical records) from specialists; negotiating terms with policyholders or their brokers; ensuring that premiums are competitive; specifying conditions to be imposed on different types of policies, for example, asking that a property owner install a security alarm; negotiating with brokers and drawing up contracts; writing policies; keeping detailed records of policies underwritten and decisions made.
Qualifications    University Degree, communication skills , negotiation skills,Fluency in English , Presentable experience in sales
Gender    Male
Experience    0 – New Graduate Years.
Compensations    Medical Insurance + Social Insurance + Annual Bonus
Salary (L.E.)    Negotiable 
Job Contact Info.    Kindly send your CV with attached photo on dalia.mahdy@alfuttaim.ae write in the subject (AmCham- uw) CV without this will be rejected

Company Name    Arab Orient Takaful Insurance Co. (AOTIC)
Sector     Insurance
Profile      Arab Orient Takaful Insurance Company (AOTIC) is a newly formed insurance company that transacts non life insurance business in Egypt and its interest overseas, AOTIC operates on Takaful basis which will no doubt add a new dimension to this concept in the market. In line with Egyptian Insurance regulations, the company is having an Authorised Capital of EGP 100,000,000 and a paid up capital of EGP 50,000,000. AOTIC is committed to providing an outstanding and innovative insurance service through a variety of distribution channels including tied agents, direct agents and independent brokers to meet the changing needs of our diverse customers and gain the trust and respect of all our stakeholders based on a strong and mutually beneficial relationship which will eventually contribute to our vision of being an industry leader. AOTIC is a joint venture between the following proven business partners in their respective field of operations: „« Al-Futtaim Group, is the major shareholder of AOTIC, holds 60% share in the company, The group established over 70 years ago in the 1930's, it establish itself regionally as an integrated commercial, industrial and services organisation, positioning itself as one of the leading business houses in the lower Gulf region. Today, it operates collectively over 40 companies bearing the Al-Futtaim name, dominates many market segments in the UAE, and has expanded its sphere of operation to include Bahrain, Kuwait, Qatar, Oman and Egypt. „« National Development Bank NDB holds 20% share in the company. The bank has almost 90 branches all over the country. The bank is now bought by Abu Dhabi Islamic Bank and the name of the bank will be changed soon. „« Union National Bank which holds also a share of 20% in the company, the bank is one of the very promising banks in Egypt with an expansion plan that will cover 31 branches all over the countries in Egypt by the first of April, 2010 The Company is underwriting all classes of General insurance including Motor, General Accident, Property, Engineering, Marine and Medical. The company has recruited a highly qualified and energetic team who have a very diversified and sound technical and managerial background that can lead the company in a very competitive & demanding market.