Posted Nov 27, 2020 5 views
- To streamline Coinsurance Other Lead business which entails approval/ decline of all businesses (except Health) underwritten on the basis of Coinsurance Other Lead. Assist in underwriting of Aviation/Energy/Special Risks.
- Ensure relevant divisions are made on Coinsurance Other Lead Business matters regarding approvals/ declinature, once the required information is collected.
- Receive all relevant data from branches on Coinsurance Other Lead.
- Update records of Premium received/ outstanding in the system.
- Coordinate on timely basis with Underwriting Sections(s) for approvals/declinature of risks.
- To record all data in the system to scrutinize each risk.
- Responsible for record keeping of all Coinsurance Other Lead policy(s) and document(s).
- Prepare monthly reconciliation of approvals/ declinature with PREMIA for other lead business.
- Assist in underwriting and claims of Aviation/Energy/Special Risks.
- Prepare quotations, premium bills, renewal notices, policy documents and endorsements; prepare surveyor appointment letters, review claim reports, prepare settlement notes, account settlement slips, loss vouchers and surveyor’s acknowledgement note.
Job Details
Adamjee Insurance Company Limited
pAdamjee Insurance Company Limited (AICL) was incorporated as a Public Limited Company on September 28, 1960 and is listed on all three stock exchange of Pakistan. The Company is also registered with the Central Depository Company of Pakistan Limited (CDC) and is involved in the business of general insurance. The head office is located in Karachi and it operates a network of branches all across Pakistan and two in UAE (Dubai & Abu Dhabi). The Company commenced operations with a paid-up capital of Rupees 2.5 million, which has grown phenomenally in the past five decades to Rupees 1.24 billion, as on 31 December 2012. A strong asset base, significant paid-up capital, substantial reserves, balanced portfolio mix along with steady growth in gross premium account gives Adamjee Insurance a well deserved competitive edge within the insurance industry./p
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