Senior Insurance Manager Job

Aramex

Valid Till: N/A

Dubai, United Arab Emirates

Job Description

The Insurance Senior Manager is responsible for managing Aramex’s global insurance portfolio, ensuring adequate coverage for the company’s assets, liabilities, and operations. This role involves evaluating risk exposures, negotiating with insurance providers, managing claims, and ensuring compliance with relevant regulations and policies.

  • Develop, implement, and manage Aramex’s global insurance programs, ensuring appropriate coverage for the company’s assets, liabilities, and operations across all regions.
  • Collaborate with the Global Director of Insurance to develop and execute a cohesive insurance strategy aligned with company objectives.
  • Identify, assess, and monitor risks, ensuring that the company’s insurance portfolio aligns with business needs and strategic objectives.
  • Evaluate and recommend insurance products that best mitigate operational, financial, and legal risks while optimizing coverage and cost-efficiency.
  • Conduct regular risk assessments across Aramex’s operations and identify areas where additional insurance coverage may be needed.
  • Collaborate with the Risk and Compliance team to ensure the company’s insurance strategies align with risk management frameworks and business goals.
  • Continuously assess and improve the company’s insurance strategy to adapt to changing market conditions, regulatory requirements, and emerging risks.
  • Work closely with insurance providers, external brokers, and legal teams to ensure the company’s best interests are represented during claims processing.
  • Conduct post-claim analysis to identify trends, propose improvements, and reduce future risks.
  • Lead negotiations with insurance providers to secure competitive terms and conditions for coverage, ensuring value for money and optimal service levels.
  • Regularly review and renew insurance contracts and ensure that policies are up to date and compliant with company requirements.
  • Work closely with legal and compliance teams to ensure that insurance policies meet regulatory requirements and company policies.
  • Monitor changes in insurance regulations and laws and advise management on any required actions or policy adjustments.

Qualifications & Experience:

  • Technical insurance management skills and commercial acumen.
  • High ethical standards
  • Strong presentation and facilitation skills, both externally and at all levels of the organisation
  • At least 10 years’ insurance experience.
  • Minimum Bachelor’s degree.