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XPRIMM Job Nr. 360 - 6 martie 2008
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CLAL Romania

SENIOR UNDERWRITER


CLAL Romania is the local subsidiary of the Israeli insurance market leader, CLAL Insurance Company, an "Aa1" rated company by MOODY's, with a total gross premium written in 2007 at about the total volume of the Romanian insurance market.

After a courageous and unique attempt to start an insurance operation exclusively through tele-sales, the company decided to consolidate the strategy and expand the activity through other tools.

One of the main critical factors of success within the new strategy will be to attract the right employees, motivate, develop and retain them, as the biggest source of competitive advantage.

Therefore, CLAL Romania is committed to ensure:
- a modern, professional and performance stimulating working environment;
- a very competitive and attractive rewarding system, based on performance;
- adequate training and development programs;
- life-career opportunities in a very dynamic and ambitious organization.

Assuring full confidentiality, we would welcome your attempt to join our young, enthusiast and performance-oriented team and thank you in advance for sending your application (CV and letter of intention) either by mail to hr@clalromania.ro or by fax to 021 2.000.099.
Please kindly note that only selected candidates will be contacted.

SENIOR UNDERWRITER

[Location will be within the company head-quarter in Bucharest and the direct reporting line will be towards the Underwriter Manager.]

SUMMARY

Reviews and appraises applications for insurance. Determines eligibility of risks when compared to company underwriting policy and goals. Produces production and loss analysis reports, as required by management. Reviews policy terms and conditions of the existing products and services, proposing improvements and is involved in the development process of such products and services.

MAIN ESSENTIAL RESPONSIBILITIES (other related duties may be assigned):
- Examines and evaluates documents such as application forms, inspection reports, product brochures, financial reports and other data to determine degree of risk, underwriting and market selection;
- Accepts, prices and binds insurance within underwriting authority and forwards to other underwriters insurance beyond authority;
- Provides underwriting technical assistance to agents, sales and support staff;
- Review policy terms and conditions for different products and makes improvement proposals.

SUPERVISORY RESPONSIBILITIES
May coordinate a team of junior underwriters, as necessary and ocassionally may replace the Underwriting Manager when absent.

IDEAL CANDIDATE PROFILE
- 3 + years of experience and knowledge in both motor and typical Property & Casualty comercial insurance lines (commercial), ie: Material Damage, Machinery Breakdown, CAR/EAR, Business Interruption, General Liability, Professional Liability, Cargo. (Personal Accident products would be a plus);
- Creative and strongly pro-active;
- Dinamic, committed and hard-worker;
- Ready to assume managerial responsibilities in the future;
- Analitical and very good at details;
- Technical university graduate;
- Good knowledge of English;
- Very good mathematical and computer skills;
- Team-player and with sense of humor.


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