6 Insurance Broker jobs in Bahrain
Senior Commercial Insurance Broker
10740 Al Seef
BHD85000 Annually
WhatJobs
Posted 2 days ago
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Job Description
Our client is seeking an experienced and client-focused Senior Commercial Insurance Broker to join their established team. This role is crucial in managing and growing a portfolio of commercial insurance clients, providing expert advice, and securing optimal coverage solutions. You will be responsible for identifying client needs, assessing risks, sourcing appropriate insurance products from various carriers, and negotiating terms to ensure competitive pricing and comprehensive protection. The ideal candidate will have a deep understanding of the commercial insurance market, strong sales and negotiation skills, and a commitment to building long-term client relationships. This position offers a hybrid work arrangement, combining in-office collaboration with remote flexibility, serving clients in the **Salmabad, Northern, BH** area and beyond.
Responsibilities:
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.
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0
Senior Risk Assessment Analyst
105 Riffa, Southern
BHD75000 Annually
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Posted today
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Job Description
Our client, a leading global insurance provider, is seeking a highly skilled and motivated Senior Risk Assessment Analyst to join their dynamic, remote-first team. This is an exceptional opportunity to leverage your analytical prowess and contribute to critical decision-making processes within the insurance sector. The successful candidate will be instrumental in evaluating potential risks associated with new and existing insurance products, underwriting policies, and investment strategies.
Responsibilities:
Responsibilities:
- Conduct comprehensive analysis of market trends, economic indicators, and competitor activities to identify emerging risks.
- Develop and refine complex statistical models to quantify risk exposure and predict potential losses.
- Collaborate with underwriting teams to set appropriate pricing strategies and policy terms based on risk assessments.
- Prepare detailed reports and presentations for senior management, outlining risk profiles, mitigation strategies, and recommendations.
- Monitor and analyze portfolio performance to ensure alignment with risk appetite and regulatory requirements.
- Stay abreast of industry best practices, regulatory changes, and technological advancements in risk management.
- Mentor junior analysts and foster a culture of continuous learning and improvement within the risk assessment department.
- Contribute to the development and implementation of new risk management frameworks and tools.
- Effectively communicate complex risk concepts to non-technical stakeholders across various departments.
- Ensure compliance with all relevant local and international insurance regulations.
- Master's degree in Finance, Economics, Statistics, Mathematics, or a related quantitative field.
- A minimum of 5 years of progressive experience in risk management, actuarial science, or quantitative analysis within the insurance industry.
- Proven expertise in statistical modeling, data analysis, and risk assessment methodologies.
- Proficiency in programming languages such as Python or R, and experience with data visualization tools.
- Strong understanding of insurance products, underwriting principles, and financial markets.
- Excellent analytical, problem-solving, and critical thinking skills.
- Exceptional written and verbal communication skills, with the ability to present complex information clearly and concisely.
- Demonstrated ability to work independently and collaboratively in a remote environment.
- Familiarity with regulatory frameworks such as Solvency II is a plus.
- Proven track record of successfully managing multiple projects and deadlines.
This advertiser has chosen not to accept applicants from your region.
1
Senior Actuarial Analyst, Risk Assessment
1097 Jbeil
BHD75000 Annually
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Posted today
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Job Description
Our client is seeking a highly analytical and detail-oriented Senior Actuarial Analyst to join their growing team. This is a fully remote position, offering the flexibility to work from anywhere within designated time zones. The successful candidate will play a crucial role in developing and implementing sophisticated risk assessment models for a diverse portfolio of insurance products.
Responsibilities:
Qualifications:
Responsibilities:
- Conduct complex actuarial analysis to assess financial risks associated with insurance products.
- Develop, test, and refine predictive models for pricing, reserving, and solvency.
- Collaborate with underwriters, product developers, and actuaries to provide insights and recommendations.
- Prepare detailed reports and presentations on actuarial findings for senior management.
- Ensure compliance with relevant regulatory requirements and industry best practices.
- Mentor and guide junior actuarial staff, fostering a culture of continuous learning and development.
- Stay abreast of emerging trends and methodologies in actuarial science and risk management.
- Utilize advanced statistical software and programming languages (e.g., R, Python, SQL) for data analysis and modeling.
- Contribute to the strategic planning and development of the actuarial function.
- Evaluate the financial implications of new business initiatives and market opportunities.
Qualifications:
- Bachelor's degree in Actuarial Science, Mathematics, Statistics, or a related quantitative field.
- Progress towards or completion of actuarial exams (e.g., SOA, CAS) is highly preferred.
- Minimum of 5 years of progressive experience in the insurance industry, with a focus on actuarial analysis and risk modeling.
- Proficiency in actuarial software and programming languages (e.g., Prophet, GGY AXIS, R, Python, SQL).
- Strong understanding of insurance regulations and compliance standards.
- Excellent analytical, problem-solving, and critical thinking skills.
- Exceptional communication and interpersonal abilities, with the capacity to explain complex technical concepts to non-technical stakeholders.
- Proven ability to manage multiple projects simultaneously and meet strict deadlines.
- Demonstrated leadership potential and experience in team collaboration.
- A proactive approach to identifying and addressing potential risks and opportunities.
This advertiser has chosen not to accept applicants from your region.
2
Senior Insurance Underwriter - Risk Assessment
2233 Ghuraifa, Capital
BHD80000 Annually
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Posted 3 days ago
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Job Description
Our client is seeking a highly skilled and analytical Senior Insurance Underwriter to join their growing team. This is a fully remote position, allowing you to leverage your expertise from the comfort of your home office. The successful candidate will be responsible for evaluating and assessing insurance risks, determining coverage terms, and setting appropriate premiums for a diverse range of policies. A thorough understanding of insurance principles, risk management, and financial analysis is crucial for this role.
Responsibilities:
Responsibilities:
- Analyze insurance applications and associated documentation to assess risk exposure.
- Determine the eligibility of applicants and the terms and conditions of insurance policies.
- Calculate and quote insurance premiums based on risk assessment, actuarial data, and company guidelines.
- Review and interpret financial statements, medical reports, and other relevant documentation.
- Maintain an in-depth knowledge of insurance products, market trends, and regulatory requirements.
- Develop and maintain strong relationships with brokers, agents, and clients.
- Provide guidance and mentorship to junior underwriters.
- Contribute to the development and refinement of underwriting policies and procedures.
- Identify opportunities to improve underwriting processes and efficiency.
- Ensure compliance with all relevant laws and regulations.
- Bachelor's degree in Finance, Economics, Business Administration, or a related field.
- Minimum of 5 years of experience in insurance underwriting, with a specialization in a specific line of business (e.g., property, casualty, life).
- Proven ability to accurately assess complex risks and make sound underwriting decisions.
- Strong analytical, problem-solving, and decision-making skills.
- Excellent understanding of insurance principles, financial markets, and risk management techniques.
- Proficiency in underwriting software and data analysis tools.
- Strong communication and negotiation skills.
- Ability to work independently and manage a high workload effectively.
- Professional designations such as CPCU, AU, or similar are highly desirable.
- Commitment to continuous learning and professional development.
This advertiser has chosen not to accept applicants from your region.
3
Senior Insurance Underwriter - Remote Risk Assessment
305 Southern, Southern
BHD80000 Annually
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Posted today
Job Viewed
Job Description
Our client, a reputable insurance provider, is seeking a highly skilled Senior Insurance Underwriter to join their team. This position operates on a hybrid model, offering a blend of remote work and in-office collaboration inNuwaidrat, Southern, BH . You will be responsible for evaluating insurance applications, assessing risks, and determining appropriate coverage and premiums for a variety of policy types. Key duties include analyzing financial statements, loss histories, and other relevant data to make informed underwriting decisions. You will also maintain a deep understanding of market trends, regulatory changes, and product offerings to ensure competitive and profitable underwriting. The ideal candidate will possess extensive experience in insurance underwriting, a strong analytical mindset, and excellent decision-making skills. Proficiency in underwriting software and a thorough knowledge of insurance principles are essential. Strong communication and negotiation abilities are required to interact with agents, brokers, and clients. This is an excellent opportunity to contribute to the growth and profitability of the company while developing your career in a dynamic insurance environment. We are looking for a detail-oriented and diligent professional who can manage a complex workload efficiently. Your expertise will be crucial in managing risk and ensuring the financial health of the company's insurance portfolio.
This advertiser has chosen not to accept applicants from your region.
4
Senior Insurance Underwriter - Remote Risk Assessment
2212 Jbeil
BHD95000 Annually
WhatJobs
Posted 1 day ago
Job Viewed
Job Description
Our client, a reputable and growing insurance provider, is seeking a highly analytical and experienced Senior Insurance Underwriter to join their team in a fully remote capacity. This role is essential for assessing and managing risk for a diverse portfolio of insurance policies.
As a Senior Underwriter, you will be responsible for evaluating insurance applications, determining eligibility, and setting appropriate premium rates based on risk assessment. You will analyze financial statements, conduct background checks, and interpret policy terms and conditions to make informed underwriting decisions. This involves a deep understanding of various insurance products, including property, casualty, life, and health insurance. You will collaborate with agents and brokers to gather necessary information and provide guidance on underwriting guidelines. Developing and maintaining strong relationships with clients and intermediaries is crucial. You will also be tasked with monitoring industry trends and regulatory changes to ensure compliance and adapt underwriting strategies accordingly. Risk management and loss prevention advice may also be part of your responsibilities. Staying abreast of new insurance products and market developments will be essential. You will also mentor junior underwriters, providing training and guidance on complex cases.
The ideal candidate will possess a Bachelor's degree in Finance, Economics, Business Administration, or a related field. Relevant professional designations such as CPCU (Chartered Property Casualty Underwriter) or equivalent are highly desirable. A minimum of 6-8 years of progressive experience in insurance underwriting is required, with a proven track record of sound decision-making and risk assessment. Strong analytical, critical thinking, and problem-solving skills are paramount. Excellent communication, negotiation, and interpersonal skills are necessary to effectively interact with clients, agents, and internal teams. You should have a thorough understanding of insurance principles, regulations, and actuarial concepts. Proficiency in using underwriting software and insurance databases is essential. The ability to work independently and manage a demanding workload in a remote setting is a must. This role offers a fantastic opportunity for an experienced underwriter to contribute to a leading insurance company while enjoying the flexibility of remote work.
As a Senior Underwriter, you will be responsible for evaluating insurance applications, determining eligibility, and setting appropriate premium rates based on risk assessment. You will analyze financial statements, conduct background checks, and interpret policy terms and conditions to make informed underwriting decisions. This involves a deep understanding of various insurance products, including property, casualty, life, and health insurance. You will collaborate with agents and brokers to gather necessary information and provide guidance on underwriting guidelines. Developing and maintaining strong relationships with clients and intermediaries is crucial. You will also be tasked with monitoring industry trends and regulatory changes to ensure compliance and adapt underwriting strategies accordingly. Risk management and loss prevention advice may also be part of your responsibilities. Staying abreast of new insurance products and market developments will be essential. You will also mentor junior underwriters, providing training and guidance on complex cases.
The ideal candidate will possess a Bachelor's degree in Finance, Economics, Business Administration, or a related field. Relevant professional designations such as CPCU (Chartered Property Casualty Underwriter) or equivalent are highly desirable. A minimum of 6-8 years of progressive experience in insurance underwriting is required, with a proven track record of sound decision-making and risk assessment. Strong analytical, critical thinking, and problem-solving skills are paramount. Excellent communication, negotiation, and interpersonal skills are necessary to effectively interact with clients, agents, and internal teams. You should have a thorough understanding of insurance principles, regulations, and actuarial concepts. Proficiency in using underwriting software and insurance databases is essential. The ability to work independently and manage a demanding workload in a remote setting is a must. This role offers a fantastic opportunity for an experienced underwriter to contribute to a leading insurance company while enjoying the flexibility of remote work.
This advertiser has chosen not to accept applicants from your region.
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