148 Underwriting jobs in Bahrain
Underwriting Manager
Posted 1 day ago
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Job Description
Key Responsibilities:
- Lead, manage, and develop a team of insurance underwriters.
- Develop and implement underwriting policies, guidelines, and procedures.
- Assess and underwrite complex risks to ensure profitability and adherence to risk appetite.
- Monitor underwriting performance and portfolio quality, identifying trends and areas for improvement.
- Collaborate with actuarial and product development teams on pricing and product design.
- Provide guidance and training to underwriters on complex cases and best practices.
- Ensure compliance with all regulatory requirements and company standards.
- Build and maintain strong relationships with brokers, agents, and other stakeholders.
- Contribute to the development of strategic business plans and growth initiatives.
- Analyze market trends and competitor activities to inform underwriting strategies.
Qualifications:
- Bachelor's degree in Finance, Economics, Business Administration, or a related field.
- Minimum of 7 years of experience in insurance underwriting, with at least 3 years in a leadership or supervisory role.
- In-depth knowledge of risk assessment, financial analysis, and insurance products.
- Proven ability to manage underwriting portfolios and achieve profitability targets.
- Strong leadership, team management, and mentoring skills.
- Excellent analytical, decision-making, and problem-solving abilities.
- Proficiency in underwriting software and financial modeling tools.
- Exceptional communication and interpersonal skills.
- Professional designations such as ACII, CPCU, or equivalent are highly desirable.
- Ability to work independently and effectively manage a remote team.
Underwriting Specialist
Posted 4 days ago
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Job Description
- Reviewing and evaluating insurance applications for risks associated with policyholders.
- Analyzing financial statements, credit reports, medical histories, and other relevant documentation to assess risk levels.
- Determining the insurability of applicants and setting premiums based on risk assessment and company guidelines.
- Ensuring compliance with underwriting guidelines, regulatory requirements, and industry best practices.
- Communicating underwriting decisions and rationale clearly to agents and brokers.
- Collaborating with sales and customer service teams to provide guidance on underwriting matters.
- Keeping abreast of market trends, new products, and changes in regulations that impact underwriting.
- Maintaining accurate and organized records of all underwriting decisions and documentation.
- Participating in the development and refinement of underwriting policies and procedures.
- Identifying opportunities for process improvement within the underwriting department.
- Bachelor's degree in Business Administration, Finance, Economics, or a related field.
- Proven experience in insurance underwriting, preferably with 3-5 years in the relevant line of business.
- Strong analytical, critical thinking, and decision-making skills.
- Excellent understanding of insurance products, risk management principles, and relevant legislation.
- Proficiency in using underwriting software and Microsoft Office Suite.
- Strong attention to detail and accuracy.
- Effective communication and negotiation skills.
- Professional certifications such as Chartered Property Casualty Underwriter (CPCU) or equivalent are highly desirable.
Underwriting Manager
Posted 7 days ago
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Job Description
Key responsibilities include developing and implementing underwriting policies and guidelines, managing a team of underwriters, and mentoring junior staff. You will be responsible for evaluating complex insurance applications, setting appropriate premiums and terms, and ensuring compliance with regulatory requirements. This role involves analyzing market trends, assessing risk exposure, and collaborating with actuaries and claims departments to maintain portfolio profitability. You will also contribute to product development and pricing strategies. Performance monitoring of the underwriting team, setting targets, and providing regular feedback will be crucial. Effective communication with agents, brokers, and clients regarding underwriting decisions is also essential.
The ideal candidate will hold a Bachelor's degree in Finance, Business Administration, Actuarial Science, or a related field. Professional insurance designations such as CPCU, AU, or equivalent are highly desirable. A minimum of 7 years of experience in insurance underwriting, with at least 3 years in a supervisory or management capacity, is required. Strong analytical, decision-making, and problem-solving skills are essential. Excellent leadership, communication, and interpersonal skills are vital for managing the team and building relationships. This hybrid role requires regular presence at our offices in Hidd, Muharraq, BH for team management and strategic planning, with flexibility for remote work on specific tasks. If you are an expert in underwriting and ready to take on a leadership challenge, we encourage you to apply.
Underwriting Manager
Posted 7 days ago
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Job Description
Key responsibilities include guiding the underwriting team in evaluating and pricing complex risks, setting clear underwriting authorities and guidelines, and ensuring adherence to regulatory requirements. You will collaborate closely with sales, claims, and actuarial departments to optimize underwriting performance. The ideal candidate will possess strong leadership qualities, a deep understanding of insurance markets, and a proven ability to manage risk effectively. This position offers a significant opportunity to shape underwriting policies and drive business success within a growing organization.
Responsibilities:
- Lead and manage the day-to-day operations of the underwriting department.
- Develop and implement effective underwriting strategies and policies.
- Set underwriting authority levels and guidelines for the team.
- Oversee the evaluation and pricing of complex insurance risks.
- Ensure compliance with all applicable insurance regulations and company standards.
- Mentor, train, and develop the underwriting team.
- Collaborate with other departments to achieve business objectives.
- Monitor underwriting performance and identify areas for improvement.
- Manage relationships with brokers and key business partners.
- Analyze market trends and competitive landscape to inform strategies.
- Bachelor's degree in Insurance, Finance, Business Administration, or a related field.
- Minimum of 8 years of progressive experience in insurance underwriting.
- Proven experience in a management or supervisory role within underwriting.
- Extensive knowledge of various insurance lines and risk assessment techniques.
- Strong leadership, team management, and decision-making skills.
- Excellent understanding of insurance regulations and compliance requirements.
- Proficiency in underwriting systems and financial modeling.
- Strong analytical and problem-solving abilities.
- Effective communication and negotiation skills.
- Relevant professional designations (e.g., ACII, FLMI) are highly desirable.
Underwriting Manager
Posted 9 days ago
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Job Description
Underwriting Manager
Posted 12 days ago
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Job Description
Underwriting Manager
Posted 12 days ago
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Job Description
Key responsibilities include reviewing and approving complex or high-value insurance applications. You will analyze financial data, loss history, and other risk factors to determine appropriate coverage terms, conditions, and pricing. Monitoring the underwriting portfolio to identify trends, risks, and opportunities for improvement is essential. Developing and maintaining strong relationships with brokers and agents to foster business growth and provide underwriting support. Conducting market research and staying abreast of industry developments to inform underwriting strategies. Ensuring that underwriting decisions align with the company's risk appetite and financial objectives. Managing the underwriting team's workload and performance, setting clear objectives and providing regular feedback. Implementing quality control measures to ensure accuracy and consistency in underwriting decisions. Collaborating with other departments, such as claims and actuarial, to share insights and improve overall business performance.
Required qualifications include a Bachelor's degree in Finance, Economics, Business Administration, or a related field. Professional designations in underwriting (e.g., CPCU, AU) are highly desirable. A minimum of 7 years of progressive experience in insurance underwriting, with at least 3 years in a supervisory or management capacity. Strong understanding of insurance principles, risk management, and regulatory requirements. Excellent analytical, decision-making, and problem-solving skills. Proven leadership and team management abilities. Strong negotiation and communication skills, with the ability to influence stakeholders. Proficiency in underwriting software and data analysis tools. Ability to manage multiple priorities and meet deadlines in a fast-paced environment. This is an excellent opportunity for a seasoned underwriting professional to advance their career and lead a dynamic team. Our client offers a competitive salary, comprehensive benefits, and a supportive work environment.
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Underwriting Manager
Posted 13 days ago
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Job Description
Key responsibilities include managing, training, and mentoring a team of underwriters, reviewing complex cases, and providing guidance on underwriting decisions. You will collaborate with sales and claims departments to ensure cohesive operational strategies and analyze underwriting performance data to identify areas for improvement and implement corrective actions. The Underwriting Manager will also be involved in developing new underwriting products and pricing strategies, staying abreast of industry best practices, and maintaining strong relationships with brokers and agents. Exceptional analytical, decision-making, and communication skills are paramount. We are seeking an individual with a keen eye for detail, strong ethical standards, and a commitment to fostering a high-performing underwriting function. This is an excellent opportunity to shape the underwriting direction of a well-established insurance company and contribute to its sustained success.
Qualifications:
- Bachelor's degree in Business Administration, Finance, Insurance, or a related field.
- A minimum of 6 years of experience in insurance underwriting, with at least 2 years in a supervisory or management role.
- In-depth knowledge of various insurance lines (e.g., property, casualty, life) and risk assessment principles.
- Proven experience in developing and implementing underwriting policies and guidelines.
- Strong analytical, quantitative, and problem-solving skills.
- Excellent leadership, team management, and mentoring abilities.
- Proficiency in underwriting software and data analysis tools.
- Strong understanding of insurance regulations and compliance.
- Excellent communication and negotiation skills.
- Professional designations such as AIC, AU, or CPCU are highly desirable.
Senior Underwriting Manager
Posted today
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Job Description
Key responsibilities include managing a team of underwriters, providing training and guidance, reviewing complex cases, analyzing market trends, and collaborating with sales and claims departments. You will also be involved in product development and pricing strategies. Strong analytical, decision-making, and leadership skills are essential. A Bachelor's degree in Business, Finance, or a related field, coupled with significant experience in insurance underwriting, is required. Professional certifications such as CPCU are highly advantageous. This role is based in our **Sanad, Capital, BH** office and requires full-time dedication. We are looking for a dynamic leader who can drive performance and uphold the highest standards of underwriting excellence.
Chief Underwriting Officer
Posted today
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Job Description
Key Responsibilities:
- Develop and implement the company's underwriting strategy, policies, and procedures.
- Define and manage the underwriting risk appetite across all product lines.
- Oversee the underwriting process, ensuring adherence to guidelines and standards.
- Lead, mentor, and develop the underwriting team, fostering a culture of expertise and continuous improvement.
- Analyze market trends, competitive landscape, and emerging risks to inform underwriting decisions.
- Collaborate with actuarial and claims departments to monitor portfolio performance and profitability.
- Develop and maintain strong relationships with reinsurance partners.
- Ensure compliance with all regulatory requirements and industry best practices.
- Present underwriting results, strategies, and recommendations to senior management and the board.
- Drive innovation in underwriting practices and technology adoption.
- Manage the underwriting budget and P&L for the division.
- Evaluate and approve large or complex risks.
- Bachelor's degree in Finance, Economics, Actuarial Science, or a related field. An MBA or relevant professional designation (e.g., ACII, CPCU) is highly preferred.
- Minimum of 10-15 years of progressive experience in insurance underwriting, with at least 5 years in a senior leadership role.
- Proven track record of success in developing and executing underwriting strategies that drive profitability.
- In-depth knowledge of various insurance products, markets, and risk management principles.
- Strong financial acumen and analytical skills, with the ability to interpret complex data.
- Excellent leadership, communication, and negotiation skills.
- Experience working with reinsurers and managing reinsurance relationships.
- Familiarity with insurance regulatory frameworks in the GCC region.
- Ability to effectively communicate complex underwriting concepts to diverse audiences.
- Strategic thinking and strong decision-making capabilities.