Hasan Khan
Dubai
Summary
Highly skilled and detail-oriented Motor Underwriter with 14 years of experience in risk assessment, policy underwriting, and portfolio management within the automotive insurance sector. Adept at evaluating complex motor insurance proposals, analyzing historical data, and implementing underwriting strategies to balance profitability and risk. Strong ability to collaborate with sales teams, brokers, and clients to ensure optimal policy solutions that meet both company and customer needs. Proficient in utilizing underwriting software, conducting claims reviews, and adhering to compliance standards. Demonstrated expertise in maintaining high service standards, minimizing loss ratios, and contributing to sustainable business growth.
Overview
15
15
years of professional experience
Work History
Motor Market Facing Underwriter
Arabia Insurance Company
Dubai, UAE
08.2023 - Current
- Delivered excellent service and support to brokers using consistent, timely, and proactive approach to underwriting.
- Assisting U/W Manager for Motor ratings and all other analysis
- Responsible for managing complete Policy administration for Motor Business in coordination with various internal and external stakeholders such as brokers
- Managing Daily Policy issuance, Endorsement, cancellations
- Assisting Claims Team providing technical support in regards with Operations & U/W solution for claim related queries and settlements
- Do proper documentation and world check for high performance/Luxury vehicles as per compliance requirement
- Ownership of Renewal Process from preparation to dispatches to various stakeholders
- Assisting U/W manager for monthly closings.
- Made quick, sound decisions within underwriting authority and based on appropriate data.
- Drafted quotes detailing policy premiums, coverages and payment structures.
- Explained risk coverage premiums and benefits to customers to foster informed decision-making.
- Helped customers determine appropriate products and policy terms.
- Enforced compliance with regulatory requirements, promptly addressing and correcting underwriting submission deficiencies.
- Reviewed Insurance applications and processed approvals or denials.
- Built and nurtured strong, professional relationships with members and brokers for portfolio retention and growth.
- Identified and established new business opportunities, providing mutual benefits to company.
- Performed data extraction on models and pricing tools for review to verify risks written or renewed followed underwriting guidelines.
- Maintained high-quality control standards in observance of audit protocols.
- Expanded network of business opportunities by attending local and broker events.
- Collaborated with stakeholders, maximizing business opportunities and profitability within department.
Senior Underwriter
Islamic Arab Insurance Company (Salama)
Dubai
04.2022 - 07.2023
- Managing Retail Business
- Correspondence with aggregators, Brokers and Banca Takaful
- Review and approving All motor policies on motor portal (Assuretech) for All Channels
- Ownership of Renewal Process from preparation to dispatches to various stakeholders
- Assisting U/W Manager for Motor ratings and all other analysis
- Underwriting for High performance Vehicles.
Motor Specialist
Noor Takaful PJSC
Dubai
05.2018 - 03.2022
- Initiated the launch and integration of motor portal with additional products
- Assist actuary to develop common pricing tool for both entities to achieve smooth transaction and future business
- Assist IT to develop and initiate additional motor variation in core system
- Initiated/Testing of motor products, pricing tool in UAT (User Acceptance Test) purposed by existing entity to new entity
- Ensure New and Renewal Policy fulfillment, endorsements and all other service requests are processed as per defined KPIs
- Ensure the Authority Matrix is always followed by the team, Standard Operating Procedures and all applicable Regulatory requirements are followed strictly while processing any transaction deviations are referred to Competent authority for approval as stated in Authority Matrix document
- (Insurance Authority and any other Regulation or guidance provided by Legal and Compliance team from time to time)
- Managing Daily Policy issuance, Endorsement, cancellations & Fleet Management & Vehicle value evaluation
- Review and approving of high-performance Motor vehicle Policies from core system, Motor Portal and Mendix for Brokers, aggregators, and key accounts
- Do proper documentation and world check for high performance/Luxury vehicles as per compliance requirement.
Business Development Officer
DRIESASSUR INSURANCE BROKERS LLC
Dubai
05.2017 - 04.2018
- Deals in Motor Insurance and Medical insurance
- Handling company portfolio
- Providing All kind of insurance service to Customer
- Claim settlement Motor / Medical
- Motor policies issuance from online portal
- Directly communication & correspondence to the insurance companies.
Insurance Specialist
AL BUHAIRA NATONAL INSURANCE
Dubai
03.2014 - 10.2015
- Coordinating and assisting the branch manager in day-to-day affairs of the branch as Insurance Specialist-General
- The areas of responsibilities include but not limited to following core functions
- Underwriting - Management of the Motor Underwriting Department to ensure sustainability and growth in the portfolio (consisting of both fleets and individuals) through prudent risk assessment and underwriting measures
- Periodical review of premium rates and the underwriting guidelines in the light of the prevailing market conditions as well as performance of the Portfolio to ensure continuous enhancement of the Department's profitability
- Policy Administration - Issuance of policy documents, Insurance certificates, renewal and expiry notices, No claim certificates, policy cancellation and arrangements regarding collection and refund of premium cash/credit / Debit
- Documentation and Records - Always ensure timely and accurate preparation and delivery of certificates, policies and endorsements, Claims Reports, Repair Estimations, Claims Settlement Reports in compliance with the prescribed policies and guidelines of the company in order to serve customers efficiently
- Management Reports - Prepare, coordinates and ensures timely submission of Management reports in order to provide the operational data for Management information and facilitate decision making
- Customer Complaints - Attend to customer complaints and ensure fair solutions within the company guidelines
- Entertaining the complaints on all means of communications i.e
- E-mail, Telephone calls, Fax and Mobile Help Line.
Motor Underwriter
ADAMJEE INSUANCE COMPANY
Dubai
01.2010 - 12.2013
- Arrange and monitor timely issuance of policies, endorsements, documents, debit credit notes and other related documentation in order to complete the underwriting process for all lines of business
- Policy documentation-Entry of all polices and Endorsements, Printing, dispatching and filing
- Renewal control of all classes of business - Sending renewal notice & follow up of renewals and ensuring that all policies are renewed on time
- Proper maintenance of the policy files & other records and retrieving and forwarding the same to Managers as and when required
- Dealing with Brokers request and preparing motor policies as per their requirements
- Refer to our head office in the underwriting department for any clarifications or changes in the insurance underwriting coinciding with company policy
- Facilitating the training of the junior underwriters about the Motor insurance underwriting policies and strategies to improve product quality
- Assisting the senior underwriters by collecting information about the applicants and evaluating them based on the standard underwriting strategies and scope
- Co-ordination with sales team.
Education
Diploma in Business Administration -
All Pakistan National Academy
Personal Information
- Date of birth: 05/13/1989
- Nationality: PAKISTANI
- Marital status: MARRIED
- Visa status: EMPLOYMENT
Hobbies
Music,Movies,Cars.
Timeline
Motor Market Facing Underwriter
Arabia Insurance Company
08.2023 - Current
Senior Underwriter
Islamic Arab Insurance Company (Salama)
04.2022 - 07.2023
Motor Specialist
Noor Takaful PJSC
05.2018 - 03.2022
Business Development Officer
DRIESASSUR INSURANCE BROKERS LLC
05.2017 - 04.2018
Insurance Specialist
AL BUHAIRA NATONAL INSURANCE
03.2014 - 10.2015
Motor Underwriter
ADAMJEE INSUANCE COMPANY
01.2010 - 12.2013
Diploma in Business Administration -
All Pakistan National Academy
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