Underwriting Manager

Department Icon Accounting & Finance
137+ Applicants
Posted: 2 weeks ago
8-15 years
Dubai, United Arab Emirates
work from office

Posted: 2 weeks ago
|
Applicants: 137+
Job Description
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Job Description

To lead and manage underwriting operations across all non-motor lines of general insurance business by assessing risk exposures, ensuring profitable portfolio growth, maintaining underwriting discipline, supporting business development initiatives, and ensuring compliance with regulatory and company underwriting guidelines.

  • Underwrite and manage risks across Property, Engineering, Marine, Liability, and Financial Lines portfolios.
  • Assess risk submissions, financials, claims history, survey reports, and underwriting exposures to determine acceptance, pricing, terms, and coverage.
  • Approve risks within delegated authority and refer complex or high-value cases to senior management or reinsurers.
  • Monitor portfolio performance, profitability, loss ratios, retention, and risk accumulations, implementing corrective actions where required.
  • Develop and maintain sound underwriting and pricing strategies aligned with business objectives and market conditions.
  • Manage facultative reinsurance placements and maintain effective relationships with reinsurers and brokers.
  • Support treaty renewals, reinsurance submissions, and compliance with treaty guidelines.
  • Review risk surveys and recommend risk-improvement and loss-prevention measures.
  • Evaluate catastrophe exposures and ensure effective portfolio risk diversification.
  • Collaborate with brokers, clients, and sales teams to drive profitable growth and retention.
  • Provide technical underwriting support for business development, product enhancement, and market expansion initiatives.
  • Ensure accurate policy issuance, renewals, endorsements, cancellations, and maintenance of underwriting documentation.
  • Support complex claims assessment by analyzing claims trends and providing underwriting expertise.
  • Ensure compliance with regulatory requirements, underwriting guidelines, audit standards, and risk management frameworks.
  • Lead, coach, and develop underwriting team members while promoting underwriting excellence and best practices.

Pre-requisite

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  • Bachelor's Degree in Insurance, Finance, Business Administration, Engineering, Commerce, or related field.
  • Professional insurance qualifications preferred:
  • ACII / FCII
  • CPCU & ANZIIF
  • 8-15 years of experience in General Insurance underwriting.
  • Minimum 5 years of experience managing non-motor underwriting portfolios.
  • Experience across multiple commercial and corporate insurance classes.
  • Excellent communication skills, both written and English

Skills

SalesFinance

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Important dates & deadlines?

Application Deadline

16 Nov 26, 01:47 PM IST

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