Vice President- Travel Insurance

Job Description

Vice President- Travel Insurance – Dubai | Financial Services| Orient Insurance PJSC

Job description

• Drive new business acquisition by forging partnerships with travel agents and insurance brokers.
• Collaborate with direct branch office business development managers to identify and secure new opportunities.
• Maintain and enhance relationships with existing clients to ensure retention and satisfaction.
• Identify and onboard new business opportunities, ensuring alignment with company goals.

Distribution & Channel Management

• Develop and implement strategies for building and managing robust distribution channels, including travel agents, brokers, affinity relationships and alternate channels.
• Drive efficiency and performance across all distribution networks to maximize business opportunities.

Policy Underwriting and Issuance

• Oversee underwriting processes for travel insurance policies, ensuring adherence to company and regulatory standards.
• Manage the end-to-end policy issuance process, ensuring accuracy and timeliness.

Reinsurance Management

• Handle reinsurance arrangements to mitigate risks and optimize portfolio performance.
• Coordinate and oversee reinsurance bordereaux preparation and submission.

Strategic Planning and Operational Excellence

• Conduct market research and competitor analysis to identify trends, opportunities, and risks.
• Develop and execute strategies for introducing innovative travel insurance products to meet evolving market needs.
• Monitor operational performance, ensuring streamlined processes and service excellence.
• Set and track key performance metrics to achieve business objectives.
• Collaborate with internal teams to streamline operations and enhance service delivery.
• Monitor and assess key performance metrics to ensure targets are met.

Required skills to be successful:

• Attention to details
• Proactive and self-motivated
• Time management and focused delivery of deadlines
• Excellent Communication skills
• Excellent Leadership skills

What equips you for the role:

• Bachelor’s degree preferably in business administration, Insurance, Finance, or a related field.
• Master’s degree (MBA) or professional certifications (e.g., CII, LOMA) is highly advantageous.
• 15+ years of experience in the insurance industry, with a focus on Travel /General Insurance.
• Demonstrated success in leading and growing Insurance portfolios.
• Expertise in sales & marketing, team management, underwriting, reinsurance and regulatory requirements.

What We Offer:

• Competitive compensation and benefits package.
• Opportunities for professional growth and leadership development.
• A dynamic and collaborative work environment within a leading insurance organization.

Note: Only UAE based candidates meeting the above criteria will be shortlisted.