Written by Maud on 2009-12-03
About the business :
Arab Orient Insurance Company commenced operations in 1982 as a part of the reputed Al-Futtaim Group and has since recorded a progressively steady growth. The year 2007 has seen a substantial growth of premium income and net profit. Having recorded a premium income of Dhs.767 million and a net profit of Dhs.136 million (out of which over 65 is generated from underwriting), the Company is counted among the leaders in the UAE insurance market. Arab Orient Insurance Company has a paid-up capital of Dhs. 300,000,000 – which is significantly higher than most of the players in the market. With head office in Dubai, the company serves its clientele through an extensive branch network in Bur Dubai, Jebel Ali, Sharjah, Abu Dhabi, Mussafah, Al Ain, Dubai Health Care City Ras Al Khaimah, Sheikh Zayed Road and Oman.Standard & Poor’s Ratings Services has upgraded Arab Orient Insurance Company (AOIC) to ‘A’with a stable outlook. This is the highest interactive rating awarded to a national insurance company, further endorsing AOIC’s market leading position in the country. AOIC is the only ‘A’ rated insurance company in the UAE and one ofonly three in the Middle East.The Company is also accredited with ISO 9001 Quality Management Certification.About the job :
The duties and responsibilities for this role are as follows:
Attends to all legal cases pertaining to the company. Assists various departments in legal matters with respect to recoveries and claims. Prepares reports, memorandums & answer all audit queries. Coordinates with all department, external lawyers and government agencies.