1 246 Underwriter jobs in Bahrain

My Client is a world leader in insurance and financial services and is the 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.

We are looking for someone who has 2 years of experience in the insurance business - ideally someone from a general background. This role will work with the current underwriting manager to handle additional workload.

This is a career opportunity in the underwriting department for at least 2 years, providing a chance to work and learn within a professional environment with bright opportunities for learning and earning at the same time.

We seek a decisive, dynamic, and focused team player who can deliver high-performance results in a challenging work and educational environment, with an excellent salary package.

Location: Information Technology and Services - Lahore, Pakistan

GreenwichBell Resource is a UK-based business process outsourcing company providing premier recruitment services to UK-based clients.

• Evaluate and underwrite new and renewal insurance applications, assessing risk exposure and determining appropriate coverage.
• Calculate premiums and establish policy terms and conditions based on risk assessment and market analysis.
• Review and interpret financial data, legal documents, and other relevant information to make informed underwriting decisions.
• Maintain strong relationships with brokers, agents, and other stakeholders to facilitate business flow and gather essential underwriting information.
• Monitor the performance of assigned portfolios, identifying trends and potential issues.
• Provide guidance and mentorship to junior underwriting staff.
• Ensure compliance with all relevant regulatory requirements and internal policies.
• Collaborate with claims and actuarial departments on complex cases and portfolio strategy.
• Develop and implement underwriting guidelines and best practices.
• Contribute to the development of new insurance products and services.

• Bachelor's degree in Finance, Business Administration, Economics, or a related field.
• Minimum of 7 years of progressive experience in insurance underwriting.
• Proven track record of successful risk assessment and portfolio management.
• In-depth knowledge of various insurance products and lines of business.
• Excellent analytical, problem-solving, and decision-making skills.
• Strong negotiation and communication abilities.
• Ability to work independently and manage a diverse workload in a remote environment.
• Proficiency in underwriting software and Microsoft Office Suite.
• Relevant professional certifications (e.g., ACII, CPCU) are a significant asset.

• Review and analyze insurance applications to assess risk exposure across various lines of business (e.g., property, casualty, life, health).
• Determine the insurability of applicants based on established underwriting guidelines and risk appetite.
• Calculate and quote premium rates, ensuring profitability and competitive positioning.
• Negotiate terms, conditions, and coverage limits with brokers and agents.
• Develop and maintain strong relationships with internal and external stakeholders.
• Stay updated on market trends, regulatory changes, and industry best practices.
• Provide guidance and mentorship to junior underwriters.
• Review and update underwriting policies and procedures as needed.
• Identify and mitigate potential underwriting risks and fraud.
• Collaborate with claims and actuarial departments to ensure consistent risk assessment.
• Utilize underwriting software and systems effectively.
• Prepare reports on underwriting performance and portfolio analysis.
• Contribute to the development of new insurance products.
• Adhere to all company compliance and ethical standards.
• Manage a portfolio of complex and high-value accounts.

• Bachelor's degree in Finance, Business, Economics, or a related field.
• Minimum of 7 years of experience in insurance underwriting.
• Demonstrated expertise in risk assessment and analysis.
• Strong understanding of insurance contracts, policy provisions, and regulatory requirements.
• Excellent analytical, problem-solving, and decision-making abilities.
• Proficiency in underwriting software and analytical tools.
• Exceptional communication, negotiation, and interpersonal skills.
• Ability to work independently, manage time effectively, and meet deadlines in a remote setting.
• Relevant professional designations (e.g., CPCU, FLMI) are a strong asset.
• High level of integrity and attention to detail.

• Review and evaluate insurance applications for various lines of business.
• Assess risks associated with each applicant and determine insurability.
• Calculate and quote appropriate premiums and policy terms.
• Adhere to underwriting guidelines, company policies, and regulatory requirements.
• Communicate effectively with agents, brokers, and policyholders regarding underwriting decisions.
• Analyze financial, medical, property, and other relevant data to support underwriting decisions.
• Monitor the performance of the assigned book of business and recommend necessary adjustments.
• Identify and mitigate potential risks to protect the company's financial interests.
• Contribute to the development and refinement of underwriting policies and procedures.
• Maintain accurate and organized records of underwriting decisions and related documentation.

• Bachelor's degree in Finance, Economics, Business Administration, or a related field.
• Minimum of 4-6 years of experience in insurance underwriting, preferably in multiple lines of business.
• Strong understanding of underwriting principles, risk assessment, and insurance products.
• Excellent analytical, critical thinking, and decision-making skills.
• Proficiency in underwriting software and MS Office Suite.
• Strong communication and interpersonal skills for effective collaboration with stakeholders.
• Ability to work independently and manage a workload efficiently in a demanding environment.

• Bachelor's degree in Finance, Business Administration, Economics, or a related field.
• Minimum of 7 years of experience in insurance underwriting, with a specialization in a relevant line of business (e.g., Commercial Property, General Liability).
• In-depth knowledge of underwriting principles, risk management, and insurance products.
• Strong analytical and quantitative skills, with experience in financial analysis.
• Excellent communication, negotiation, and interpersonal skills.
• Demonstrated ability to make sound underwriting decisions under pressure.
• Proficiency with underwriting software and CRM systems.
• Relevant professional certifications (e.g., CPCU, AU) are highly desirable.
• Experience in a hybrid work environment.