Officer - Insurance

About Emirates Global Aluminium

Emirates Global Aluminium is the world’s biggest ‘premium aluminium’ producer and the largest industrial company in the United Arab Emirates outside the oil and gas industry.  EGA is an integrated aluminium producer, with operations on four continents from bauxite mining to the production of cast primary aluminium and recycling. EGA employs over 7,000 of these people including more than 1,200 UAE Nationals. EGA operates aluminium smelters in Jebel Ali and Al Taweelah in the United Arab Emirates, an alumina refinery in Al Taweelah, a bauxite mine and associated export facilities in the Republic of Guinea, a speciality foundry in high strength recycled aluminium in Germany, and a recycling plant in the United States.

Officer - Insurance (UAE Nationals)

Finance & Corporate Development / Tax, Risk & Resilience

JOB PURPOSE:

To support the department in the establishment and effective management of EGA’s group-wide (re)insurance and risk mitigation programme

KEY ACCOUNTABILITIES

Policies, Processes & Procedures

• Follow departmental policies, systems, processes, procedures and controls to ensure consistency, standardization and accuracy in ways of working.
• Support the half-yearly review of the Disaster Recovery Document for appropriate amendment

Insurance Operations

• Support the procurement, renewal and maintenance of the group-wide insurance policies, processes and procedures to ensure functionality and accuracy
• Support on group-wide project and operational (re)insurance requirements including coordination of insurance parties on site to support an effective and strategic risk transfer strategy decision by senior management
• Support the review and maintenance of the departmental compliance with all internal and external requirements and administrative processes including Loan Covenants and associated requirements
• Manage claims notification to Insurance parties and ensures accuracy of data communicated internally on claims
• Coordinate all claims management workshops for internal Customers including maintaining accuracy of the claims process charts
• Proactively support the full claims management cycle including coordination and accuracy in communication with insurance parties and internal Customers
• Provide technical assistance to the loss investigation parties and to internal Customers

MIS & Reporting

• Assist in the preparation of timely and accurate reports for section in order to meet Company and section requirements, policies and standards

Continuous Improvement

• Support the Department in the implementation of and recommend improvements to insurance programmes, procedures and controls

Safety, Quality & Environment

• Comply with all relevant safety, quality and environmental management policies, procedures and controls to support EGA’s objective in retaining employee safety, legislative compliance and a responsible environmental attitude

Related Assignments

• Support fully internal and external audit processes including any government audit processes
• Support fully any insurance requirements of stakeholders

AUTHORITY / DECISION MAKING

Guidelines:

• Thinking within clearly defined policies, standards, specific objectives and close supervision of seniors

Decision Making:

Direction of work is subject to practices and procedures, output is closely supervised

QUALIFICATIONS & SKILLS:

Minimum Qualifications:

• Bachelor’s degree in Economics, Finance, Accounting, Engineering or equivalent
• Preferably working toward obtaining professional qualifications

Minimum Experience:

• 0-4 Years’ of related functional experience

Skills:

• Effective communication skills
• Interpersonal skills
• Data mining, analysis and excellent reporting skills
• Proficiency in MS Excel, MS Office