Motor Insurance Lead

About Albawani

Albawani is a premier construction and contracting firm based in Riyadh, Saudi Arabia. Since its inception in 1991, Albawani has evolved from a modest civil works contractor into a multifaceted enterprise engaged in construction, infrastructure, engineering, water and power, and industrial services. The company is renowned for executing large-scale commercial, healthcare, educational, and government projects across the Kingdom, upheld by its commitment to quality, safety, and innovation. Albawani holds multiple international ISO certifications and is rated a Class-1 contractor in Saudi Arabia.

Role Overview

The position of Motor Insurance Lead is tasked with administering and maintaining the company's motor insurance schemes. This role involves managing daily operations, ensuring adherence to regulations, optimizing insurance policies, and working closely with the department head to synchronize with corporate strategies.

Key Responsibilities

• Manage the implementation and ongoing administration of motor insurance programs, covering fleet and employee vehicles.
• Ensure daily activities conform to company policies and operational standards.
• Evaluate program effectiveness continuously and recommend enhancements.
• Regularly update knowledge on local motor insurance laws and industry benchmarks.
• Identify potential risks associated with the motor insurance portfolio.
• Maintain compliance with regulatory standards and prepare for relevant audits.
• Manage collaborative relations with insurance providers and brokers.
• Support contract negotiations for motor insurance under senior leadership guidance.
• Supervise the claims resolution process to guarantee prompt and accurate handling.
• Assist in managing the motor insurance budget and track expenditures.

Qualifications and Experience

• University degree in business administration, Healthcare Administration, Risk Management, Insurance, or related disciplines.
• At least 5 to 7 years of professional experience in motor insurance management or comparable sectors.
• In-depth knowledge of motor insurance products and associated policies.
• Possession of relevant industry certificates such as CEBS or GBA is advantageous.
• Proven experience working with vendors and sustaining business relationships.