37 Insurance Broker jobs in Bahrain
Senior Commercial Insurance Broker
Posted 4 days ago
Job Viewed
Job Description
Responsibilities:
- Develop and implement strategic plans to achieve sales targets and expand the commercial client base.
- Identify and prospect potential clients through various lead generation channels.
- Conduct thorough needs analyses with prospective and existing clients to understand their business risks.
- Source, design, and present tailored insurance solutions from a diverse panel of carriers.
- Negotiate policy terms, conditions, and pricing with insurance providers to secure the best coverage for clients.
- Manage a portfolio of commercial clients, providing ongoing support and addressing inquiries.
- Handle renewals, endorsements, and claims advocacy to ensure client satisfaction.
- Stay current on market trends, regulatory changes, and new insurance products.
- Maintain accurate client records and sales activities in the CRM system.
- Collaborate with internal teams to ensure seamless service delivery.
- Bachelor's degree in Business Administration, Finance, Marketing, or a related field.
- Minimum of 5 years of experience in commercial insurance sales and brokerage.
- Proven track record of consistently meeting or exceeding sales quotas.
- In-depth knowledge of commercial property, casualty, liability, and specialty insurance lines.
- Excellent negotiation, communication, and presentation skills.
- Strong understanding of risk management principles.
- Proficiency in CRM software and insurance brokerage systems.
- Ability to work independently and manage a remote workload effectively.
- Relevant professional licenses and certifications (e.g., CAIB, CIP) are required.
Lead Commercial Insurance Broker
Posted 6 days ago
Job Viewed
Job Description
Responsibilities:
- Develop and implement strategic plans for growing the commercial insurance book of business.
- Build and maintain strong relationships with commercial clients, understanding their evolving insurance requirements.
- Source, negotiate, and place complex commercial insurance policies with a variety of reputable insurers.
- Provide expert advice and guidance to clients on risk management strategies and insurance solutions.
- Manage the renewal process for existing clients, ensuring retention and identifying opportunities for growth.
- Lead, mentor, and motivate a team of insurance brokers, fostering professional development and high performance.
- Ensure compliance with all regulatory requirements and internal policies.
- Stay informed about market trends, new insurance products, and competitor activities.
- Analyze claims data and client feedback to refine service offerings and risk assessments.
- Prepare and present proposals and recommendations to clients.
- Collaborate with internal teams to ensure efficient policy administration and client support.
- Represent the company at industry events and networking functions (virtually or as appropriate).
- A Bachelor's degree in Business, Finance, or a related field. Professional insurance designations (e.g., CIP, CRM, ACII) are highly desirable.
- A minimum of 8 years of experience in commercial insurance brokerage, with a proven track record of exceeding sales targets and managing client portfolios.
- Demonstrated expertise in various commercial insurance lines, including property, casualty, liability, and specialty coverages.
- Exceptional negotiation, communication, and interpersonal skills.
- Strong understanding of the insurance market, insurer capabilities, and regulatory landscape.
- Proven leadership experience, with the ability to inspire and guide a team.
- Proficiency in CRM systems and insurance brokerage software.
- Self-motivated, highly organized, and capable of managing multiple priorities in a remote work environment.
- A proactive approach to problem-solving and client service.
Senior Commercial Insurance Broker
Posted 6 days ago
Job Viewed
Job Description
- Developing and executing strategies to acquire new commercial insurance clients.
- Managing and nurturing relationships with an existing portfolio of commercial accounts.
- Conducting thorough risk assessments for businesses and recommending appropriate insurance coverage.
- Sourcing and negotiating insurance terms and premiums with various insurance carriers.
- Preparing and presenting comprehensive insurance proposals to clients.
- Providing ongoing support and advice to clients regarding their insurance needs and risk management strategies.
- Liaising with underwriters, claims adjusters, and other insurance professionals on behalf of clients.
- Staying updated on industry trends, new insurance products, and regulatory changes.
- Achieving sales targets and contributing to the overall growth of the brokerage.
- Resolving client issues and ensuring a high level of customer satisfaction.
- Maintaining accurate client records and policy documentation.
Qualifications:
- Bachelor's degree in Business Administration, Finance, Marketing, or a related field.
- Relevant insurance certifications (e.g., CSP, CIC) are highly desirable.
- Minimum of 5 years of proven experience as a Commercial Insurance Broker or in a similar sales role within the insurance industry.
- Extensive knowledge of commercial insurance products and the insurance market.
- Demonstrated success in client acquisition and relationship management.
- Excellent negotiation, communication, and presentation skills.
- Proficiency in using insurance brokerage software and CRM systems.
- Ability to work independently and collaboratively in a hybrid environment.
- Strong business acumen and understanding of commercial operations.
This hybrid role in Manama offers a challenging and rewarding career path for an accomplished insurance professional.
Senior Commercial Insurance Broker
Posted 6 days ago
Job Viewed
Job Description
Responsibilities:
- Develop and maintain strong relationships with a portfolio of commercial clients.
- Conduct thorough risk assessments for businesses across various industries.
- Source, design, and negotiate insurance programs that meet client needs and budget.
- Present insurance proposals and recommendations to clients, explaining complex policy details clearly.
- Manage the entire insurance placement process, from application to policy issuance and renewal.
- Stay updated on market trends, new insurance products, and regulatory changes.
- Proactively identify cross-selling and up-selling opportunities within the client base.
- Collaborate with internal claims and support teams to ensure excellent client service.
- Achieve and exceed sales targets and client retention goals.
- Act as a trusted advisor to clients on all aspects of their insurance and risk management needs.
- Bachelor's degree in Business, Finance, or a related field.
- Minimum of 5 years of experience as a Commercial Insurance Broker or similar role.
- Proven track record of success in client acquisition and retention.
- Strong knowledge of various commercial insurance lines (e.g., General Liability, Property, Workers' Compensation, Professional Liability).
- Excellent negotiation, sales, and communication skills.
- Ability to analyze complex risk exposures and develop tailored insurance solutions.
- Proficiency in insurance brokerage software and MS Office Suite.
- Relevant insurance licenses are required.
- Ability to work independently and as part of a team in a hybrid environment.
Senior Actuarial Analyst - Life Insurance Products
Posted 6 days ago
Job Viewed
Job Description
Responsibilities:
- Develop, price, and maintain life insurance products, ensuring profitability and compliance with regulatory requirements.
- Perform actuarial valuations, including reserving, capital modeling, and solvency assessments.
- Analyze historical data to identify trends and inform pricing and product development strategies.
- Utilize actuarial software and tools to perform complex calculations and projections.
- Collaborate with product development, underwriting, and finance teams to bring new products to market.
- Prepare actuarial reports and present findings to management and regulatory bodies.
- Stay abreast of changes in insurance regulations, industry practices, and actuarial methodologies.
- Assist in the development and testing of actuarial models.
- Contribute to the continuous improvement of actuarial processes and systems.
- Mentor junior actuarial staff and provide technical guidance.
Qualifications:
- Bachelor's degree in Actuarial Science, Mathematics, Statistics, or a related quantitative field.
- Progress towards or completion of actuarial examinations (e.g., SOA, CAS).
- Minimum of 5 years of experience in actuarial roles, with a focus on life insurance.
- Strong proficiency in actuarial modeling software (e.g., Prophet, GGY Axis, or similar) and Excel.
- Excellent analytical, problem-solving, and quantitative skills.
- Knowledge of life insurance products, pricing, and reserving principles.
- Familiarity with insurance regulations and compliance standards.
- Effective communication and interpersonal skills, with the ability to explain complex concepts clearly.
- Experience in a hybrid work environment is beneficial.
This role offers a competitive salary, excellent benefits, and significant opportunities for professional development and career advancement within a leading insurance organization.
Senior Actuarial Analyst - Life Insurance Products
Posted 6 days ago
Job Viewed
Job Description
Key Responsibilities:
- Develop and maintain pricing models for new and existing life insurance products.
- Perform actuarial valuations and experience studies, including mortality, lapse, and expense analysis.
- Assess and manage financial risks associated with life insurance portfolios.
- Collaborate with product development, underwriting, and marketing teams to design competitive and profitable products.
- Ensure compliance with all relevant actuarial standards and regulatory requirements.
- Conduct profitability analysis and provide recommendations for product enhancements or adjustments.
- Develop and implement testing procedures for actuarial models and systems.
- Prepare reports and presentations for senior management and regulatory bodies.
- Stay abreast of industry trends, emerging risks, and competitive product offerings.
- Mentor junior actuarial staff and contribute to their professional development.
- Utilize advanced actuarial software and data analysis tools effectively.
- Contribute to the strategic planning of the actuarial department.
- Bachelor's degree in Actuarial Science, Mathematics, Statistics, or a related quantitative field.
- Completion of at least 4 actuarial exams (e.g., SOA/CAS exams).
- Minimum of 5 years of actuarial experience in the life insurance industry.
- Proficiency in actuarial modeling software (e.g., Prophet, MG-ALFA, GGY AXIS) and data analysis tools (e.g., SQL, R, Python).
- Strong understanding of life insurance products, valuation methods, and risk management principles.
- Excellent analytical, problem-solving, and critical-thinking skills.
- Effective written and verbal communication skills, with the ability to explain complex concepts clearly.
- Ability to work independently, manage multiple priorities, and meet deadlines in a remote setting.
- High level of accuracy and attention to detail.
- A commitment to continuous learning and professional development.
Senior Actuarial Analyst - Insurance Products - Remote
Posted 6 days ago
Job Viewed
Job Description
Key responsibilities include:
- Developing, implementing, and maintaining actuarial models for pricing insurance products across multiple lines of business.
- Performing loss reserving analysis and projecting future claims liabilities.
- Conducting profitability studies and analyzing the financial performance of insurance products.
- Assisting in the development and enhancement of new insurance products, including features, coverage, and pricing structures.
- Ensuring compliance with all relevant actuarial standards, regulatory requirements, and internal policies.
- Performing data analysis and interpretation to support actuarial decisions and recommendations.
- Communicating complex actuarial findings and recommendations clearly to both technical and non-technical stakeholders.
- Contributing to the development and maintenance of actuarial databases and systems.
- Staying up-to-date with industry best practices, emerging trends, and changes in regulatory environments affecting the insurance sector.
- Mentoring and guiding junior actuarial staff, providing technical expertise and support.
The successful candidate will have passed several actuarial examinations (e.g., SOA or CAS) and possess a Bachelor's degree in Actuarial Science, Mathematics, Statistics, or a related field. A minimum of 5 years of progressive experience in the insurance industry is required. Proficiency in actuarial software (e.g., Prophet, ResQ) and programming languages (e.g., SQL, Python, R) is highly desirable. Excellent analytical, problem-solving, and communication skills are essential for this remote position. If you are a dedicated and skilled actuarial professional eager to contribute to strategic product development from a remote setting, this is an outstanding opportunity.
Be The First To Know
About the latest Insurance broker Jobs in Bahrain !
Senior Actuarial Analyst - Life Insurance Products
Posted 6 days ago
Job Viewed
Job Description
Key Responsibilities:
- Perform actuarial valuations and pricing analysis for new and existing life insurance products.
- Develop and maintain actuarial models to assess risks associated with policy liabilities.
- Analyze mortality, morbidity, and lapse data to inform pricing assumptions and reserving practices.
- Ensure compliance with relevant insurance regulations and statutory reporting requirements.
- Assist in the development of product specifications, policy provisions, and marketing materials.
- Conduct experience studies and generate reports on key actuarial metrics.
- Collaborate with IT teams to implement and test actuarial software and systems.
- Provide actuarial support and expertise to other departments within the company.
- Mentor junior actuarial staff and contribute to their professional development.
- Stay updated on industry trends, best practices, and regulatory changes affecting the life insurance market.
- Bachelor's degree in Actuarial Science, Mathematics, Statistics, or a related quantitative field.
- Progress towards or completion of actuarial exams (e.g., FSA, ASA, or equivalent).
- Minimum of 4 years of experience in the life insurance industry.
- Proficiency in actuarial modeling software (e.g., GGY AXIS, Prophet) and statistical analysis tools.
- Strong knowledge of Microsoft Excel and SQL.
- Excellent analytical, problem-solving, and critical thinking skills.
- Effective communication and interpersonal skills, with the ability to explain complex actuarial concepts clearly.
- Attention to detail and a commitment to accuracy.
Senior Actuarial Analyst - Life Insurance Products
Posted 6 days ago
Job Viewed
Job Description
Responsibilities:
- Develop, implement, and maintain actuarial models for pricing life insurance products, including mortality, morbidity, and lapse assumptions.
- Perform quarterly and annual reserving calculations for life insurance liabilities in accordance with regulatory requirements and accounting standards.
- Assist in the development and enhancement of new life insurance products, assessing their financial viability and market competitiveness.
- Analyze policyholder behavior and trends to inform pricing and reserving strategies.
- Conduct experience studies to update actuarial assumptions and improve model accuracy.
- Support regulatory filings and respond to inquiries from insurance departments.
- Collaborate with underwriting, marketing, and finance teams to provide actuarial insights and support business decisions.
- Utilize actuarial software and programming languages (e.g., Prophet, MG-ALFA, R, Python) for modeling and analysis.
- Stay current with industry trends, regulatory changes, and emerging actuarial techniques.
- Mentor junior actuaries and contribute to the development of the actuarial team.
- Prepare clear and concise reports and presentations for management and stakeholders.
- Bachelor's degree in Actuarial Science, Mathematics, Statistics, or a related quantitative field.
- 5+ years of actuarial experience in the life insurance industry.
- Progress towards or completion of actuarial exams (e.g., ASA, FSA designations) is strongly preferred.
- Proven experience in life insurance product pricing, reserving, and financial modeling.
- Strong understanding of life insurance products, markets, and regulatory environments.
- Proficiency in actuarial modeling software and programming languages (R, Python, SQL are advantageous).
- Excellent analytical, problem-solving, and critical thinking skills.
- Exceptional communication and presentation skills, with the ability to explain complex concepts clearly.
- Ability to work independently, manage multiple projects, and meet deadlines in a remote setting.
Remote Holistic Wellness Coach - Client Management
Posted 5 days ago
Job Viewed