Overview

Director – Risk Control Jobs in Riyadh at Tawuniya

Title: Director – Risk Control

Company: Tawuniya

Location: Riyadh

Planning and Budgeting

Lead the development and execution of the function’s annual plan, budget, objectives and initiatives in line with the Tawuniya’s strategic objectives and set KPIs

Manage the function’s operations and activities within budget and identify strategies that result in a positive financial impact

Set Risk Control target and Service Level Agreements (SLAs) in coordination with Underwriting departments

Monitor sharing of templates, policies, and procedures with inspection engineers/surveyors to ensure convenient process and reliable identification and assessment of risks

Review sizing, scheduling, and assignment of inspection engineers to customers/cases

Direct site inspections to ensure identification and detailing of potential risks and hazards related to customer coverage

Ensure quantifying of risks measuring the potential loss from activities currently underway or planned to forecast loss frequency and severity to make risk financing decisions

Provide input/recommendation regarding high-risk cases to support engineers/surveyors in complicated situations

Facilitate coordination, etc. ensure submission to the Underwriting team for appropriate risk assessment and forecasting

Guide advisory for customers on specific measures to help reduce and mitigate risks when necessary, promote risk awareness sessions through webinars and workshops, and suggest value added services

Provide risk accumulation exposure to reinsurers and support in risk estimation

Set In-house Loss Adjudication target and Service Level Agreements (SLAs) in coordination with Claims departments

Monitor sharing of templates, policies, and procedures with in-house loss adjusters to ensure convenient process and reliable identification of the cause of loss, cost of repair, salvage value, amount of damage or loss covered by the insurance policy, etc.

Review sizing, scheduling, and assignment of in-house loss adjusters to customers/cases

Oversee claim review against the terms and conditions of the insured coverage to ensure alignment

Direct site inspections to assess losses and damages and determine the source of loss, cost of repair, salvage value, etc.

Facilitate discussion of major and specific claims assessment with external Loss Adjusters and Claims, as required

Show more

Show less

About Tawuniya