96 Commercial Insurance jobs in Bahrain
Commercial Insurance Underwriter
Posted 1 day ago
Job Viewed
Job Description
Commercial Insurance Underwriter
Posted 1 day ago
Job Viewed
Job Description
Commercial Insurance Underwriter
Posted 1 day ago
Job Viewed
Job Description
Key responsibilities include:
- Analyzing financial statements, risk assessments, and market data to evaluate commercial insurance applications.
- Determining the insurability of risks and setting appropriate terms, conditions, and pricing for policies.
- Underwriting a variety of commercial lines of business, including property, casualty, and liability.
- Developing and maintaining strong relationships with insurance brokers and agents.
- Ensuring compliance with underwriting policies, procedures, and regulatory requirements.
- Monitoring the performance of a portfolio of commercial accounts.
- Collaborating with claims and loss control departments to manage risk effectively.
- Staying informed about industry trends, market conditions, and emerging risks.
- Providing expertise and guidance on underwriting best practices.
- Negotiating terms and conditions with clients and brokers.
Commercial Insurance Underwriter
Posted 2 days ago
Job Viewed
Job Description
Key Responsibilities:
- Underwrite new and renewal commercial insurance business across various lines of coverage.
- Analyze and assess risks associated with potential clients by reviewing applications, financial statements, loss history, and other relevant data.
- Determine appropriate policy terms, conditions, coverage limits, and premiums.
- Develop and maintain strong relationships with insurance brokers and agents.
- Negotiate terms and conditions with brokers to secure profitable business.
- Monitor the performance of assigned book of business and implement strategies for growth and profitability.
- Ensure compliance with all underwriting guidelines, company policies, and regulatory requirements.
- Collaborate with claims, loss control, and legal departments to manage complex risks.
- Identify emerging risks and market trends, and adapt underwriting strategies accordingly.
- Prepare and present underwriting reports and analyses to management.
- Provide guidance and support to junior underwriters and support staff.
- Conduct thorough reviews of existing policies to ensure continued suitability and profitability.
- Build and maintain a strong understanding of the industries served by the company.
- Bachelor's degree in Finance, Business Administration, Risk Management, or a related field.
- Proven experience (3+ years) as an Insurance Underwriter, with a focus on commercial lines.
- Strong understanding of insurance principles, risk assessment, and financial analysis.
- Excellent analytical, critical thinking, and decision-making skills.
- Proficiency in underwriting software and standard office applications.
- Strong negotiation and communication skills, both written and verbal.
- Ability to build and maintain effective relationships with brokers and clients.
- Detail-oriented with a commitment to accuracy and compliance.
- Relevant professional designations (e.g., CPCU) are a strong asset.
- Familiarity with local insurance market dynamics and regulations.
Commercial Insurance Underwriter
Posted 3 days ago
Job Viewed
Job Description
Commercial Insurance Underwriter
Posted 4 days ago
Job Viewed
Job Description
- Evaluate, select, and price commercial insurance risks in accordance with company guidelines and underwriting authority.
- Analyze financial statements, loss history, and other relevant data to assess applicant risk.
- Develop and maintain strong relationships with insurance brokers and agents.
- Communicate underwriting decisions and rationale clearly and effectively to internal stakeholders and external partners.
- Negotiate terms, conditions, and pricing for commercial insurance policies.
- Ensure compliance with all applicable insurance laws, regulations, and company policies.
- Participate in industry events and stay informed about market trends and emerging risks.
- Review and renew existing policies, assessing changes in risk and making appropriate adjustments.
- Collaborate with claims departments to understand loss trends and their impact on underwriting.
- Utilize underwriting systems and tools to manage workflow and maintain accurate records.
- Provide technical guidance and support to less experienced underwriters and support staff.
- Contribute to the development and refinement of underwriting guidelines and best practices.
- Identify opportunities for new business and profitable growth within assigned segments.
- Develop a comprehensive understanding of the specific industries and businesses being underwritten.
- Bachelor's degree in Business Administration, Finance, Risk Management, or a related field.
- Minimum of 4 years of experience in commercial insurance underwriting.
- Proven track record of successful risk selection and profitable underwriting results.
- Strong analytical and decision-making skills, with the ability to interpret complex financial and risk data.
- Excellent communication, negotiation, and interpersonal skills.
- Proficiency with underwriting software and insurance industry databases.
- Knowledge of various commercial insurance products (e.g., General Liability, Property, Workers' Compensation).
- Ability to work independently and manage a demanding workload in a remote setting.
- Professional designations such as AU, CPCU, or similar are highly desirable.
- Understanding of regulatory requirements within the insurance industry.
- Strong attention to detail and organizational skills.
- Commitment to continuous learning and professional development.
Commercial Insurance Underwriter
Posted 4 days ago
Job Viewed
Job Description
The Commercial Insurance Underwriter will be responsible for evaluating insurance applications, analyzing financial statements, and assessing potential risks associated with businesses seeking coverage. You will determine appropriate policy terms, conditions, and premiums based on comprehensive risk assessments and market conditions. This role requires close collaboration with brokers and agents to gather necessary information and provide clear explanations of policy details. Continuous monitoring of market trends and competitor activities is also part of the core responsibilities to maintain competitive underwriting practices.
Essential qualifications include a Bachelor's degree in Finance, Business Administration, Risk Management, or a related field. Professional designations such as ACII, CPCU, or equivalent are highly preferred. A minimum of 3-5 years of experience in commercial lines underwriting is required. Strong analytical and decision-making skills, coupled with excellent communication and interpersonal abilities, are crucial for success in this position. Proficiency in underwriting software and standard office applications is expected.
We are seeking a meticulous professional who can effectively manage a portfolio of commercial risks and contribute to the growth and stability of our insurance operations in Shakhura . If you are adept at financial analysis and possess a solid understanding of the insurance industry, we encourage you to explore this challenging and rewarding career opportunity.
Be The First To Know
About the latest Commercial insurance Jobs in Bahrain !
Commercial Insurance Underwriter
Posted 4 days ago
Job Viewed
Job Description
- Evaluating commercial insurance applications to assess risk exposure across various industries.
- Analyzing financial statements, loss history, and other relevant data to determine policy eligibility and pricing.
- Developing and applying underwriting guidelines and strategies to maintain a profitable book of business.
- Negotiating terms, conditions, and pricing with brokers and agents to secure desirable business.
- Setting appropriate coverage limits, deductibles, and policy terms based on risk assessment.
- Monitoring existing policies for changes in risk profile and making necessary adjustments.
- Collaborating with claims, sales, and actuarial departments to ensure comprehensive risk management.
- Staying current with market trends, regulatory changes, and competitive landscape within the commercial insurance sector.
- Providing underwriting expertise and guidance to brokers, agents, and internal teams.
- Contributing to the development and refinement of underwriting tools and processes.
Qualifications:- Bachelor's degree in Finance, Economics, Business Administration, or a related field.
- Minimum of 4 years of experience in commercial insurance underwriting.
- Proven track record of successful risk selection and pricing.
- Strong analytical and decision-making skills.
- In-depth knowledge of commercial insurance products (e.g., General Liability, Property, Workers' Compensation).
- Excellent understanding of financial analysis and risk assessment techniques.
- Strong negotiation and communication skills.
- Proficiency in underwriting software and Microsoft Office Suite.
- Relevant professional designations such as CPCU or AU are highly advantageous.
Commercial Insurance Specialist
Posted 4 days ago
Job Viewed
Job Description
Key Responsibilities:
- Identify and assess the insurance needs of commercial clients across various industries, including property, liability, professional indemnity, and marine.
- Develop and present customized insurance proposals and solutions tailored to meet specific client requirements and risk profiles.
- Source and negotiate with a panel of reputable insurance carriers to secure the most competitive terms, conditions, and pricing for clients.
- Manage the entire lifecycle of commercial insurance policies, from initial placement to renewals and mid-term adjustments.
- Build and maintain strong, long-term relationships with clients, acting as their primary point of contact and trusted advisor.
- Stay informed about changes in insurance regulations, market trends, and new product developments to provide expert advice.
- Process policy documentation accurately and efficiently, ensuring compliance with all regulatory requirements.
- Handle client inquiries, claims support, and policy servicing matters with professionalism and promptness.
- Collaborate with internal teams, including claims handlers and underwriting support, to ensure a seamless client experience.
- Contribute to business development efforts by identifying cross-selling and up-selling opportunities within the existing client base.
Required Qualifications and Experience:
- A Bachelor's degree in Business Administration, Finance, Marketing, or a related field. Relevant insurance certifications (e.g., ACII) are a significant advantage.
- A minimum of 4 years of experience specifically in commercial insurance, either with a brokerage, insurer, or a significant corporate risk management role.
- Proven track record in client relationship management and sales within the insurance industry.
- In-depth knowledge of various commercial insurance products and underwriting practices.
- Strong negotiation, communication, and interpersonal skills.
- Excellent organizational skills and the ability to manage a diverse portfolio of clients and policies effectively.
- Proficiency in using insurance software and CRM systems.
- Understanding of Bahrain's business environment and insurance market dynamics.
- Fluency in English is essential; Arabic language proficiency is a strong asset.
Commercial Insurance Underwriter
Posted 6 days ago
Job Viewed
Job Description
Qualifications:
- Bachelor's degree in Finance, Economics, Business Administration, or a related field.
- Professional insurance designations (e.g., CPCU, AU) are highly desirable.
- Minimum of 5 years of experience in commercial insurance underwriting.
- Strong understanding of various commercial insurance lines (e.g., General Liability, Property, Workers' Compensation).
- Proficiency in underwriting software and data analysis tools.
- Excellent analytical, decision-making, and risk assessment skills.
- Strong negotiation and communication abilities.
- Ability to build and maintain effective relationships with brokers.