Head of Motor

About the Role

The Head of Motor will be responsible for leading the motor insurance portfolio overseeing underwriting strategy pricing discipline and portfolio performance. The role focuses on driving profitable growth while maintaining strong risk management product competitiveness and operational efficiency.

Working closely with distribution claims actuarial and reinsurance teams the role ensures that the motor portfolio is effectively managed market competitive and aligned with the organisations overall underwriting strategy and risk appetite.

The role is open to Saudi Nationals only

Responsibilities

1. Motor Underwriting Strategy

• Develop and implement the motor underwriting strategy aligned with corporate objectives and risk appetite.
• Establish underwriting guidelines pricing frameworks and risk selection standards.
• Identify opportunities to expand the motor portfolio while maintaining profitability.

2. Portfolio Management

• Monitor motor portfolio performance including loss ratios growth and profitability metrics.
• Analyse claims trends and underwriting performance to identify corrective actions.
• Adjust underwriting and pricing strategies to optimise portfolio performance.

3. Product Development

• Lead the development and enhancement of motor insurance products and coverage solutions.
• Ensure products remain competitive and aligned with market and regulatory requirements.
• Work with technology and digital teams to support product innovation and online distribution.

4. Distribution & Broker Relationships

• Strengthen relationships with brokers intermediaries and key distribution partners.
• Support distribution teams in developing new business opportunities and partnerships.
• Provide technical expertise in negotiations and complex underwriting decisions.

5. Operational Oversight

• Ensure efficient underwriting operations across motor lines of business.
• Coordinate with claims and operations teams to improve service delivery and turnaround times.
• Implement operational controls and processes to improve underwriting efficiency.

6. Governance & Compliance

• Ensure all motor underwriting activities comply with regulatory requirements and internal policies.
• Maintain accurate underwriting documentation and reporting frameworks.
• Support internal audits risk reviews and governance reporting.

Education & Qualifications

• Bachelors degree in Insurance Business Administration Finance or a related field.
• Minimum 8 years of experience in motor underwriting or motor portfolio management.
• Professional insurance qualifications such as ACII or equivalent are preferred.
• Strong understanding of motor insurance pricing claims trends and regulatory requirements.
• Proven leadership experience managing underwriting teams and portfolios.