OTIC

Senior Insurance Product Development & Regulatory Documentation Specialist

OTIC
📍 القاهرة Full-Time 💼 Fresh Graduate 🕐 54m ago
👁️ 0 views
📋 0 applicants

Job Description

  • Review international insurance products, policy wordings, clauses, endorsements, applications, and related technical documentation.
  • Professionally translate insurance policy wordings and technical documents from English into Arabic and vice versa while preserving their legal and technical meaning.
  • Localize and adapt international insurance products to suit the Egyptian insurance market rather than relying on literal translation.
  • Review policy terms, conditions, definitions, exclusions, warranties, extensions, limits, sub-limits, deductibles, and other contractual provisions for technical and linguistic consistency.
  • Coordinate with Underwriting, Claims, Reinsurance, Legal, Compliance, Actuarial, and other relevant functions during the product development and review process.
  • Prepare and structure insurance product documentation in accordance with Financial Regulatory Authority (FRA) requirements.
  • Perform a final technical, linguistic, and documentation review before submission of products to the FRA for approval/registration.
  • Review and address FRA observations and coordinate required amendments until completion of the regulatory approval process.
  • Maintain proper records and version control of approved products, policy wordings, regulatory correspondence, and subsequent amendments.
  • Monitor relevant regulatory developments affecting insurance products and policy wording requirements.
  • Support the periodic review, enhancement, and updating of existing insurance products and policy wordings.

Requirements & Qualifications

  • Bachelor’s degree in insurance, Law, Business Administration, Commerce, Languages/Translation, or a related field.
  • Preferably 3–5 years of relevant experience within an insurance company, insurance broker, regulatory environment, or insurance consultancy.
  • Strong knowledge of Property & Casualty / General Insurance products and insurance terminology.
  • Previous experience in Underwriting, Product Development, Technical Affairs, Policy Administration, or Regulatory Affairs is highly advantageous.
  • Excellent command of Arabic and English, particularly professional written drafting.
  • Demonstrated ability to translate and draft complex insurance and contractual wording accurately and professionally.
  • Good understanding of the Egyptian insurance regulatory environment and FRA requirements is highly preferred.
  • Strong attention to detail and ability to identify ambiguity, inconsistency, translation errors, and technical gaps.
  • Strong Microsoft Word skills, including document formatting, comparison, Track Changes, and version control.
EGjobank Analysis

Quick Role Summary

Opportunity as "Senior Insurance Product Development & Regulatory Documentation Specialist" at OTIC located in القاهرة on a Full-Time basis, suited for Fresh Graduate candidates, within Marketing & Sales. Key details from listing: • Review international insurance products, policy wordings, clauses, endorsements, applications, and related technical documentation. • Professionally…

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