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.3-5 years of experience.