Insurance Specialist

Above average salary

Below average outlook

Extensive training needed

Close up of a self employed hand signing contract on a wooden table at office

What they do:

Review individual applications for insurance to evaluate degree of risk involved and determine acceptance of applications.

On the job, you would:

Examine documents to determine degree of risk from factors such as applicant health, financial standing and value, and condition of property.
Decline excessive risks.
Write to field representatives, medical personnel, or others to obtain further information, quote rates, or explain company underwriting policies.
Evaluate possibility of losses due to catastrophe or excessive insurance.
Review company records to determine amount of insurance in force on single risk or group of closely related risks.
Decrease value of policy when risk is substandard and specify applicable endorsements or apply rating to ensure safe, profitable distribution of risks, using reference materials.

This role is designated under the Saudization scheme, meaning it is prioritised for Saudi nationals. Only Saudi citizens are eligible to apply for these positions as part of the national effort to strengthen local employment opportunities.

Knowledge

Business and Management

Administration and Management
Administrative
Economics and Accounting
Sales and Marketing
Customer and Personal Service
Personnel and Human Resources

Manufacturing and Production

Production and Processing

Engineering and Technology

Computers and Electronics
Building and Construction

Mathematics and Science

Mathematics
Biology
Psychology
Geography

Health Services

Medicine and Dentistry

Knowledge

Education and Training
Transportation

Arts and Humanities

English Language

Law and Public Safety

Public Safety and Security
Law and Government

Communications

Telecommunications
Communications and Media

Skills

Content

Reading Comprehension
Active Listening
Writing
Speaking
Mathematics
Science

Process

Critical Thinking
Active Learning
Learning Strategies
Monitoring

Social Skills

Social Perceptiveness
Coordination
Persuasion
Negotiation
Instructing
Service Orientation

Complex Problem Solving Skills

Complex Problem Solving

Technical Skills

Operations Analysis
Technology Design
Equipment Selection
Installation
Programming
Operations Monitoring
Operation and Control
Equipment Maintenance
Troubleshooting
Repairing
Quality Control Analysis

Systems Skills

Judgment and Decision Making
Systems Analysis
Systems Evaluation

Resource Management Skills

Time Management
Management of Financial Resources
Management of Material Resources
Management of Personnel Resources

Abilities

Verbal Abilities

Oral Comprehension
Written Comprehension
Oral Expression
Written Expression

Idea Generation and Reasoning Abilities

Fluency of Ideas
Originality
Problem Sensitivity
Deductive Reasoning
Inductive Reasoning
Information Ordering
Category Flexibility

Quantitative Abilities

Mathematical Reasoning
Number Facility

Memory

Memorization

Perceptual Abilities

Speed of Closure
Flexibility of Closure
Perceptual Speed

Spatial Abilities

Visualization

Attentiveness

Selective Attention
Time Sharing

Fine Manipulative Abilities

Arm-Hand Steadiness
Manual Dexterity
Finger Dexterity

Control Movement Abilities

Control Precision

Visual Abilities

Near Vision
Far Vision
Visual Color Discrimination
Depth Perception

Auditory and Speech Abilities

Hearing Sensitivity
Auditory Attention
Speech Recognition
Speech Clarity

Salary

New workersAverageExperienced

SAR
193,650/yr

SAR
0/yr

SAR
517,575/yr

New workers start around SAR 193,650. Normal pay is SAR 299,550 per year. Highly experienced workers can earn up to SAR 517,575.

Training for this role

Job Zone Four: Considerable Preparation Needed

ExperienceNone

Training

On-siteNone
On-the-jobOver 3 months, up to and including 6 months

Find an institution

Take our personality quiz to find out which jobs match to your personality.

Personalise your results

What they do:

Review individual applications for insurance to evaluate degree of risk involved and determine acceptance of applications.

On the job, you would:

Examine documents to determine degree of risk from factors such as applicant health, financial standing and value, and condition of property.
Decline excessive risks.
Write to field representatives, medical personnel, or others to obtain further information, quote rates, or explain company underwriting policies.
Evaluate possibility of losses due to catastrophe or excessive insurance.
Review company records to determine amount of insurance in force on single risk or group of closely related risks.
Decrease value of policy when risk is substandard and specify applicable endorsements or apply rating to ensure safe, profitable distribution of risks, using reference materials.

Knowledge

Business and Management

Administration and Management
Administrative
Economics and Accounting
Sales and Marketing
Customer and Personal Service
Personnel and Human Resources

Manufacturing and Production

Production and Processing

Engineering and Technology

Computers and Electronics
Building and Construction

Mathematics and Science

Mathematics
Biology
Psychology
Geography

Health Services

Medicine and Dentistry

Knowledge

Education and Training
Transportation

Arts and Humanities

English Language

Law and Public Safety

Public Safety and Security
Law and Government

Communications

Telecommunications
Communications and Media

Skills

Content

Reading Comprehension
Active Listening
Writing
Speaking
Mathematics
Science

Process

Critical Thinking
Active Learning
Learning Strategies
Monitoring

Social Skills

Social Perceptiveness
Coordination
Persuasion
Negotiation
Instructing
Service Orientation

Complex Problem Solving Skills

Complex Problem Solving

Technical Skills

Operations Analysis
Technology Design
Equipment Selection
Installation
Programming
Operations Monitoring
Operation and Control
Equipment Maintenance
Troubleshooting
Repairing
Quality Control Analysis

Systems Skills

Judgment and Decision Making
Systems Analysis
Systems Evaluation

Resource Management Skills

Time Management
Management of Financial Resources
Management of Material Resources
Management of Personnel Resources

Abilities

Verbal Abilities

Oral Comprehension
Written Comprehension
Oral Expression
Written Expression

Idea Generation and Reasoning Abilities

Fluency of Ideas
Originality
Problem Sensitivity
Deductive Reasoning
Inductive Reasoning
Information Ordering
Category Flexibility

Quantitative Abilities

Mathematical Reasoning
Number Facility

Memory

Memorization

Perceptual Abilities

Speed of Closure
Flexibility of Closure
Perceptual Speed

Spatial Abilities

Visualization

Attentiveness

Selective Attention
Time Sharing

Fine Manipulative Abilities

Arm-Hand Steadiness
Manual Dexterity
Finger Dexterity

Control Movement Abilities

Control Precision

Visual Abilities

Near Vision
Far Vision
Visual Color Discrimination
Depth Perception

Auditory and Speech Abilities

Hearing Sensitivity
Auditory Attention
Speech Recognition
Speech Clarity

Salary

New workersAverageExperienced

SAR
193,650/yr

SAR
0/yr

SAR
517,575/yr

New workers start around SAR 193,650. Normal pay is SAR 299,550 per year. Highly experienced workers can earn up to SAR 517,575.

Training for this role

Job Zone Four: Considerable Preparation Needed

ExperienceNone

Training

On-siteNone
On-the-jobOver 3 months, up to and including 6 months

Find an institution

Take our personality quiz to find out which jobs match to your personality.

Personalise your results