Our office in Bahrain is currently looking for an Underwriter with experience in General Insurance.
Job Summary:
- Actively assist department manager to underwrite risks and manage portfolios of different classes of risks.
- Propose and recommend terms and conditions in respect of risks/policies, adhering to underwriting guidelines, authority limits, treaty limits and treaty conditions at all times. Present such terms for approval of senior underwriter or direct manager.
- Underwrite risks within the scope of assigned underwriting authorities.
- Complete necessary documents and forms relating to respective underwriting transactions for the review of the direct manager as prescribed in the underwriting guidelines and procedures manuals.
Main Responsibilities:
- Assess the risks offered and review underwriting information including proposal forms.
- Deal with referrals from regional offices in a timely and professional manner.
- Support department head to improve underwriting performance and profitability across all lines of business.
- Meet with clients and brokers as and when required. Maintain good contacts and cordial business relationship with them over phone on an ongoing basis.
- Ensure responses and quotations are given in a timely manner.
- Ensure renewal reviews for all policies are carried out in time every month to be able to invite renewals 30 days in advance
- Process important and/or complex policy documentation as and when required.
- Review all documents produced by Processors to ensure they reflect inter alia the correct terms, conditions, sum insured, premium and deductibles.
- Assist department head in preparation of reinsurance treaty renewal information and other information with regard to reinsurance treaties as and when required.
- Assist department head in preparation of budgets and various reports including MIS as and when required
Qualifications and experience"
- University degree is a must. Additionally, holder of professional qualifications e.g. CII or Dip CII.
- 5+ years of experience.