1 030 Insurance Business jobs in Bahrain
Insurance Underwriter
Posted today
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Insurance Underwriter
Posted 1 day ago
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Job Description
Key responsibilities include gathering and interpreting financial statements, medical records, property reports, and other pertinent information to assess risk exposure. The successful candidate will maintain a strong understanding of insurance products, market trends, and regulatory requirements. You will communicate underwriting decisions to agents and brokers, providing clear explanations and justifications. This position requires excellent analytical skills, sound judgment, and the ability to make informed decisions in a timely manner. Strong attention to detail and a methodical approach to risk assessment are crucial. The ideal candidate will possess a thorough knowledge of underwriting principles and a commitment to continuous learning within the insurance industry. This hybrid role offers a balance of in-office collaboration and remote work flexibility, based in Isa Town, Southern, BH .
Qualifications:
- Bachelor's degree in Finance, Economics, Actuarial Science, or a related field.
- Minimum of 3 years of experience as an Insurance Underwriter.
- Solid understanding of underwriting principles and risk assessment.
- Proficiency in data analysis and interpretation.
- Strong decision-making and problem-solving abilities.
- Excellent communication and interpersonal skills.
- Familiarity with insurance regulations and compliance.
Insurance Underwriter
Posted 1 day ago
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Job Description
Insurance Underwriter
Posted 1 day ago
Job Viewed
Job Description
Responsibilities:
- Review and analyze insurance applications to assess risk exposure.
- Determine the acceptability of risks and set appropriate policy terms, conditions, and pricing.
- Interpret financial statements, medical reports, and other relevant documentation.
- Utilize underwriting guidelines, tools, and technology to make informed decisions.
- Communicate underwriting decisions and rationale clearly to agents, brokers, and applicants.
- Develop and maintain strong relationships with insurance agents and brokers.
- Monitor industry trends and regulatory changes affecting underwriting.
- Identify potential areas of adverse selection and recommend mitigation strategies.
- Collaborate with claims departments to review large or complex claims.
- Contribute to the development and refinement of underwriting policies and procedures.
- Analyze portfolio performance and recommend adjustments to underwriting strategy.
- Stay current with product knowledge and market conditions.
- Participate in training programs to enhance underwriting expertise.
- Ensure compliance with all applicable laws and regulations.
- Assist in the training and mentoring of junior underwriters.
- Evaluate and manage the renewal process for existing policies.
- Identify opportunities for cross-selling and up-selling insurance products.
- Participate in product development and pricing committees.
- Perform other duties as assigned by underwriting management.
- Maintain high levels of accuracy and efficiency in all underwriting activities.
Qualifications:
- Bachelor's degree in Business Administration, Finance, Economics, or a related field.
- Proven experience as an Insurance Underwriter, with specialization in a relevant line of insurance (e.g., life, health, property, casualty).
- Strong understanding of risk assessment, insurance principles, and financial analysis.
- Proficiency in underwriting software and systems.
- Excellent analytical, critical thinking, and problem-solving skills.
- Exceptional written and verbal communication skills.
- Ability to work independently and manage a caseload effectively in a remote environment.
- Strong attention to detail and organizational skills.
- Relevant professional designations (e.g., AU, CPCU) are a strong asset.
- Ability to interpret complex data and make sound judgments.
- Proficiency in Microsoft Office Suite, particularly Excel.
- Must have a dedicated home office with reliable high-speed internet access.
- Commitment to ethical practices and professional integrity.
Insurance Underwriter
Posted 2 days ago
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Job Description
Responsibilities include evaluating insurance applications, analyzing risk factors, and determining appropriate premiums and coverage terms. You will conduct in-depth research to assess the potential risks associated with applicants, ensuring compliance with company underwriting guidelines and regulatory requirements. This role involves working closely with insurance agents and brokers to gather necessary information and provide clear explanations of underwriting decisions. The successful candidate will possess excellent analytical and problem-solving skills, along with proficiency in underwriting software and data analysis tools. A Bachelor's degree in Finance, Business Administration, or a related field is required, with at least 3 years of experience in insurance underwriting. Strong communication and negotiation skills are essential. This position offers a hybrid work arrangement, combining office-based collaboration with the flexibility of remote work. Join a reputable company committed to fostering professional growth and providing excellent service.
Insurance Underwriter
Posted 2 days ago
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Job Description
Key Responsibilities:
- Analyze insurance applications to assess risks and determine eligibility for coverage.
- Evaluate financial statements, credit reports, and other relevant documentation to gauge the risk profile of applicants.
- Determine appropriate policy terms, conditions, and premium rates based on risk assessment and company guidelines.
- Ensure compliance with all state and federal insurance regulations and company policies.
- Communicate with brokers, agents, and policyholders to gather necessary information and explain underwriting decisions.
- Maintain accurate records of underwriting decisions and policy details within the company's systems.
- Monitor the performance of assigned portfolios and identify trends or potential issues.
- Develop and maintain strong relationships with agents and brokers to foster business growth.
- Stay updated on industry trends, market changes, and new underwriting practices.
- Contribute to the development and refinement of underwriting guidelines and procedures.
- Collaborate with claims and actuarial departments as needed.
Qualifications:
- Bachelor's degree in Finance, Economics, Business Administration, or a related field.
- Minimum of 3-5 years of experience in insurance underwriting, preferably in a specific line of business (e.g., property, casualty, life).
- Strong analytical and quantitative skills with the ability to interpret complex data.
- Proficiency in insurance software and rating systems.
- Excellent understanding of insurance principles, risk management, and legal/regulatory frameworks.
- Detail-oriented with strong organizational and time management skills.
- Effective communication and interpersonal skills, with the ability to negotiate and influence.
- Professional designations such as CPCU (Chartered Property Casualty Underwriter) or equivalent are highly preferred.
- Ability to work independently and manage a workload effectively in a remote setting.
- Proficiency in Microsoft Office Suite, particularly Excel.
This fully remote opportunity offers a competitive compensation package and the chance to excel in the insurance industry from the comfort of your home.
Insurance Underwriter
Posted 2 days ago
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Job Description
Your primary duties will involve reviewing applications, analyzing data from various sources, and making informed decisions based on underwriting guidelines and risk assessment criteria. You will need to develop a strong understanding of the products you underwrite and the specific risks associated with them. This role demands excellent attention to detail, strong numerical skills, and the ability to interpret complex information. Collaboration with insurance agents, brokers, and internal claims departments will be a significant part of your responsibilities. The ideal candidate will have a solid background in the insurance industry, with proven experience in underwriting. Strong communication skills are essential for explaining decisions and negotiating terms.
Responsibilities:
- Evaluate insurance applications to assess risk and determine insurability.
- Analyze applicant data, financial information, and other relevant factors.
- Set appropriate premium rates and terms based on risk assessment.
- Review and interpret insurance policies and legal documents.
- Ensure compliance with underwriting guidelines, regulations, and company policies.
- Communicate underwriting decisions and rationale to agents, brokers, and clients.
- Collaborate with claims departments to manage and mitigate risks.
- Maintain up-to-date knowledge of insurance products, industry trends, and regulations.
- Develop and maintain strong relationships with insurance agents and brokers.
- Contribute to the development and refinement of underwriting policies and procedures.
- Bachelor's degree in Finance, Business Administration, Economics, or a related field.
- Minimum of 3 years of experience in insurance underwriting.
- Proven ability to analyze risk and make sound underwriting decisions.
- Strong numerical and analytical skills.
- Excellent attention to detail and accuracy.
- Good understanding of insurance principles and practices.
- Effective communication and interpersonal skills.
- Proficiency in using underwriting software and relevant IT systems.
- Ability to work independently and collaboratively in a hybrid setting.
- Professional insurance certifications (e.g., CPCU) are a plus.
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Insurance Underwriter
Posted 2 days ago
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Job Description
Key Responsibilities:
- Analyze insurance applications to assess risk exposures and determine acceptability.
- Evaluate financial statements, medical records, and other relevant documentation.
- Calculate and quote insurance premiums based on risk assessment and company guidelines.
- Develop and maintain strong relationships with agents and brokers.
- Stay updated on industry trends, regulations, and market conditions.
- Ensure compliance with underwriting policies and procedures.
- Collaborate with claims adjusters and actuaries on complex cases.
- Provide clear and concise explanations of policy terms and conditions.
- Contribute to the development and refinement of underwriting guidelines.
Qualifications:
- Bachelor's degree in Business Administration, Finance, Risk Management, or a related field.
- Minimum of 3 years of experience in insurance underwriting.
- Proven understanding of insurance principles and practices.
- Strong analytical and decision-making skills.
- Excellent attention to detail and accuracy.
- Proficiency in insurance software and systems.
- Effective communication and interpersonal skills.
- Ability to work independently and manage a portfolio of risks.
- Relevant professional designations (e.g., CPCU, AU) are a plus.
This is a valuable opportunity to advance your career in the insurance industry with a respected organization. We seek candidates who are analytical, ethical, and committed to excellence.
Insurance Underwriter
Posted 2 days ago
Job Viewed
Job Description
Key Responsibilities:
- Review and analyze insurance applications to assess risk exposure.
- Determine the acceptability of risks and set appropriate terms, conditions, and premium rates.
- Ensure compliance with underwriting guidelines, company policies, and regulatory requirements.
- Gather and interpret financial data, credit reports, and other relevant information.
- Communicate with insurance agents and brokers to obtain necessary information and clarify details.
- Develop and maintain strong relationships with distribution partners.
- Monitor market trends and competitor activities to inform underwriting decisions.
- Identify potential fraud indicators and escalate suspicious applications.
- Prepare reports on underwriting performance and portfolio analysis.
- Collaborate with claims, actuarial, and product development teams.
- Provide guidance and support to junior underwriters and support staff.
- Contribute to the development and refinement of underwriting policies and procedures.
- Maintain accurate and up-to-date policy information in the system.
- Uphold the company's commitment to fair and ethical practices.
Qualifications:
- Bachelor's degree in Business Administration, Finance, Economics, or a related field.
- Minimum of 3 years of experience in insurance underwriting, with a focus on relevant lines of business.
- Possession of relevant insurance designations (e.g., CPCU, AU) is a plus.
- Strong analytical and problem-solving skills.
- Excellent understanding of insurance principles, risk assessment, and pricing.
- Proficiency in underwriting software and Microsoft Office Suite.
- Strong attention to detail and accuracy.
- Good communication and interpersonal skills.
- Ability to work independently and manage a pipeline of applications.
- Sound decision-making abilities and ethical judgment.
- Knowledge of the local insurance market is advantageous.
Insurance Underwriter
Posted 2 days ago
Job Viewed