Who Are we? Al Etihad Cooperative Insurance Company is a public joint-stock company established in the Kingdom of Saudi Arabia under a decision from the Council of Ministers and a royal decree as a cooperative insurance company. The company’s paid-up capital is 500 million Saudi Riyals. The company is an extension of United Insurance Company, which was founded in the Kingdom of Bahrain in 1983 as a foreign company to conduct insurance operations in Saudi Arabia. In 2008, the company was listed for public subscription and was registered in the Saudi Stock Exchange (Tadawul) under the symbol 8170. The company is subject to the supervision and regulation of the Saudi Insurance Authority and is licensed to operate in all types of insurance, including general insurance, medical insurance, motor insurance, and protection & savings insurance. The company’s experience and commitment to serving its customers have made United one of the pioneers in the insurance industry in the Kingdom. The company also has a wide network of offices and regional outlets to ensure proximity to its customers across the Kingdom. Additionally, the company has a dedicated team that strives to deliver the highest level of service to its clients.
Qualifications and Requirements:Location: Head Office – Al Khobar Experience: Preferred 7+ years in the insurance industry. Education: Bachelor’s Degree or Diploma. Language: Excellent proficiency in English (spoken and written). Nationality: Saudi Nationals Only.
Key Responsibilities:Direct supervision and work planning for recovery collection supervisors, including coordination and ongoing follow-up at the company level. Developing an appropriate plan for the collection of the company’s receivables. Formulating a policy for escalation in claims and the necessary procedures in cases where clients delay payment, in accordance with the collection system established for that purpose. Monitoring reimbursement transactions with other insurance companies and ensuring the collection and recovery of funds owed to the company. Coordinating with all departments within the company to meet the requirements of the department. Submitting various reports related to collections and outstanding client balances accurately and on time to the parties concerned. Ensuring the correct distribution of client-related tasks among employees. Distributing the annual target among employees. Reviewing technical records related to reimbursements under settlement and collected reimbursements.