290 D O Insurance jobs in Bahrain

We are seeking a highly motivated and experienced Insurance Specialist to join our dynamic team. The ideal candidate will possess a strong understanding of insurance principles and practices, coupled with the requisite certifications to excel in this role.

• Underwriting: Evaluate and assess insurance risks, determine appropriate coverage, and set premiums.
• Claims Processing: Handle and process insurance claims efficiently and accurately, ensuring timely payments and customer satisfaction.
• Policy Administration: Maintain and update policy records, issue policies, and handle renewals and endorsements.
• Customer Service: Provide excellent customer service by addressing inquiries, resolving issues, and educating clients on insurance products and services.
• Compliance: Ensure adherence to regulatory guidelines and industry best practices.
• Product Knowledge: Stay updated on industry trends and product offerings to provide informed advice to clients.

• Education: Bachelor’s degree in business, finance, or a related field.
• Certifications: CII (Chartered Insurance Institute) or LOMA (Life Office Management Association) certifications is mandatory
• Experience: Minimum of (Number) years of experience in the insurance industry.
• Technical Skills: Proficiency in insurance software and systems.
• Soft Skills: Strong communication, analytical, and problem-solving skills.

Job Type: Full-time

Pay: BD BD per month

Education:

• Bachelor's (Required)

Language:

• English (Required)
• License/Certification:
• CII OR LOMA Certificate (Required)

• Evaluate insurance applications to assess risks and determine insurability.
• Calculate appropriate premium rates based on risk factors and market analysis.
• Determine policy terms, conditions, and coverage limits.
• Analyze financial statements, loss history, and other relevant data.
• Communicate underwriting decisions and rationale to agents, brokers, and clients.
• Develop and maintain strong relationships with internal and external stakeholders.
• Stay current with industry trends, regulations, and competitor activities.
• Contribute to the development and refinement of underwriting guidelines.
• Ensure compliance with all relevant laws and company policies.

• Proven experience as an Insurance Underwriter.
• Strong understanding of risk assessment, actuarial principles, and statistical analysis.
• Excellent analytical and problem-solving skills.
• Proficiency in underwriting software and MS Office Suite.
• Strong negotiation and communication skills.
• Bachelor's degree in Finance, Economics, Actuarial Science, or a related field.
• Relevant professional certifications (e.g., CPCU, AU) are highly desirable.

We have opportunities for individuals with experience in insurance from renowned companies, preferably those engaged with well-reputed multinational insurance organizations. These positions range from entry-level to senior management and are available in Pakistan, India, Sri Lanka, Egypt, Bahrain, UAE, and Saudi Arabia.

Key Requirements:

1. More than 2 years of experience within the insurance field. Preference will be given to candidates with experience in underwriting and claims or Islamic Insurance (Takaful).
2. Good communication skills.
3. Strong desire for learning and career growth.
4. Ability to work as a team player.
5. Capacity to work under pressure while meeting targets and deadlines.
6. Able to handle multitasking and adapt to the culture and environment of a leading multinational company.

If you think you are dynamic, motivated, high-spirited, diligent, and can accept challenges, apply now for an immediate interview.

Company Overview:
My client is one of the world leaders in insurance and financial services, with operations in more than 130 countries. They serve commercial, institutional, and individual customers through the most extensive worldwide property-casualty and life insurance networks of any insurer. They are leading providers of retirement services, financial services, and asset management around the world.

Information Technology and Services - Lahore, Pakistan

We have opportunities for people with experience in Office Management at renowned insurance companies. Preferably, we are looking for someone engaged with a well-reputed multinational insurance organization.

1. Ideal candidate should possess more than 1 year of experience in Management within an Insurance company. Preference will be given to candidates having experience in sales and marketing as well.
2. Good working knowledge of Arabic is a must.
3. Very strong desire for learning and seeking career growth.
4. The incumbent should be a team player.
5. Should be able to work under immense pressure while meeting required targets within deadlines.
6. Candidate should be able to handle multitasking and adapt comfortably to the culture and environment of a leading multinational company.

If you think you are dynamic, motivated, high in spirits, diligent, and can accept challenges, then apply now for an immediate interview.

Company Overview:
My Client is one of the world leaders in insurance and financial services, leading international insurance organization with operations in more than 130 countries and jurisdictions. They serve commercial, institutional, and individual customers through the most extensive worldwide property-casualty and life insurance networks of any insurer. They are leading providers of retirement services, financial services, and asset management around the world.

Information Technology and Services - Lahore, Pakistan

• Analyze and assess insurance applications for various lines of business, evaluating risks and exposures.
• Determine the terms, conditions, and pricing for insurance policies to ensure profitability and competitive positioning.
• Develop and maintain strong relationships with insurance brokers and agents, providing expert guidance and support.
• Review and interpret financial statements, loss history reports, and other relevant data to inform underwriting decisions.
• Apply underwriting guidelines, policies, and regulatory requirements consistently.
• Identify emerging risks and trends, recommending adjustments to underwriting strategies and product offerings.
• Collaborate with claims, actuarial, and legal departments to manage complex cases and resolve issues.
• Train and mentor junior underwriters, sharing expertise and best practices.
• Conduct portfolio reviews and identify areas for improvement or potential adverse selection.
• Stay informed about market developments, competitor activities, and industry best practices.
• Contribute to the development and refinement of underwriting tools and processes.
• Prepare reports on underwriting performance, loss ratios, and market analysis.

• Bachelor's degree in Finance, Economics, Business Administration, or a related field.
• Minimum of 5 years of experience in insurance underwriting, with a strong focus on a specific line of business (e.g., Property, Casualty, Life).
• Proven ability to analyze complex risks and make sound underwriting decisions.
• In-depth knowledge of insurance principles, products, and regulatory frameworks.
• Excellent analytical, critical thinking, and problem-solving skills.
• Strong negotiation and communication skills, with the ability to build rapport with external partners.
• Proficiency in underwriting software and data analysis tools.
• Professional designations such as CPCU (Chartered Property Casualty Underwriter) or equivalent are highly desirable.
• Ability to work independently and manage a diverse workload effectively.
• Detail-oriented with a strong commitment to accuracy.

• Evaluate and underwrite complex insurance applications across various lines of business (e.g., property, casualty, life, health).
• Analyze financial statements, credit reports, loss histories, and other relevant data to assess risk exposure.
• Determine appropriate policy terms, conditions, exclusions, and premium rates based on risk assessment and company underwriting guidelines.
• Approve or reject insurance applications, providing clear justifications for decisions.
• Collaborate with insurance brokers and agents to gather necessary information and negotiate policy terms.
• Manage a portfolio of accounts, ensuring ongoing profitability and adherence to underwriting standards.
• Stay informed about market trends, regulatory changes, and new product developments within the insurance industry.
• Identify opportunities for new business and provide insights to the sales and marketing teams.
• Develop and maintain strong relationships with key brokers, agents, and clients.
• Contribute to the development and refinement of underwriting policies and procedures.
• Provide guidance and mentorship to junior underwriters and support staff.
• Conduct portfolio reviews and risk analysis to identify potential issues or trends.
• Ensure compliance with all applicable laws and regulations.
• Prepare reports on underwriting performance and portfolio analysis.
• Participate in industry conferences and professional development activities.

• Bachelor's degree in Finance, Business Administration, Economics, or a related field. Relevant professional certifications (e.g., CPCU, ACII) are highly preferred.
• Minimum of 5 years of experience in insurance underwriting, with a proven track record of success.
• In-depth knowledge of insurance products, underwriting principles, and risk management techniques.
• Strong analytical, quantitative, and critical thinking skills.
• Excellent decision-making abilities and attention to detail.
• Proficiency in using underwriting software and databases.
• Strong negotiation and communication skills.
• Ability to manage time effectively and prioritize workload.
• Understanding of financial analysis and interpretation of financial statements.
• Demonstrated ability to build and maintain professional relationships.
• Knowledge of relevant legal and regulatory frameworks.

• Evaluate insurance applications (e.g., property, casualty, life, health) to assess risks and determine insurability.
• Analyze financial data, loss history, and other relevant information to calculate premiums and set policy terms and conditions.
• Apply underwriting guidelines and company policies consistently and accurately.
• Identify and mitigate potential risks to protect the company's financial interests.
• Communicate effectively with insurance agents, brokers, and policyholders to gather necessary information and explain underwriting decisions.
• Collaborate with claims departments to understand loss trends and their impact on underwriting.
• Develop and maintain strong relationships with internal and external stakeholders.
• Stay abreast of industry trends, regulatory changes, and market developments.
• Provide guidance and mentorship to junior underwriters and support staff.
• Contribute to the development and refinement of underwriting policies and procedures.
• Analyze portfolio performance and recommend adjustments to underwriting strategies.
• Ensure compliance with all relevant insurance laws and regulations.
• Participate in underwriting committees and contribute to strategic discussions.
• Process policy endorsements and renewals as required.

• Bachelor's degree in Finance, Business Administration, Risk Management, or a related field. Relevant professional certifications (e.g., CPCU, CIC) are highly desirable.
• Minimum of 5-7 years of progressive experience in insurance underwriting.
• Proven expertise in underwriting one or more lines of insurance (e.g., Commercial Property, General Liability, Workers' Compensation, Life Insurance).
• In-depth knowledge of insurance principles, risk assessment techniques, and relevant legal and regulatory frameworks.
• Strong analytical, quantitative, and problem-solving skills.
• Excellent decision-making abilities with a high degree of accuracy.
• Proficiency in underwriting software and systems, as well as standard office software.
• Exceptional written and verbal communication skills.
• Strong negotiation and influencing skills.
• Ability to manage a complex workload and meet deadlines.
• Experience in a hybrid work environment.
• Professional demeanor and strong ethical standards.