270 Underwriting jobs in Bahrain
Underwriting Specialist
Posted 2 days ago
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Underwriting Manager
Posted 4 days ago
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Underwriting Manager
Posted 6 days ago
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Underwriting Manager
Posted 6 days ago
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Key Responsibilities:
- Manage and mentor a team of underwriting professionals, fostering a high-performance culture.
- Develop and refine underwriting guidelines and procedures to ensure consistent risk selection and pricing.
- Analyze complex risks and make sound underwriting decisions for large or unusual accounts.
- Monitor market trends, competitive landscape, and economic conditions to inform underwriting strategies.
- Collaborate with sales and claims departments to optimize profitability and customer satisfaction.
- Ensure compliance with all relevant insurance regulations and internal policies.
- Develop and implement training programs for the underwriting team.
- Prepare reports on underwriting performance, key metrics, and market insights for senior management.
- Approve or decline risks within established authority limits and guidelines.
- Build and maintain strong relationships with key intermediaries and clients.
- Identify opportunities for new product development or enhancements based on market feedback.
- Participate in industry events and forums to represent the company and gather market intelligence.
The successful candidate will possess strong analytical, decision-making, and leadership skills. Excellent communication and negotiation abilities are essential. A thorough understanding of various insurance products, such as property, casualty, or specialty lines, is required. This role offers a significant opportunity for growth and development within a reputable organization. You will play a critical role in shaping the future of the company's underwriting capabilities, contributing directly to its financial success. The hybrid nature of this role requires individuals who are self-motivated and capable of managing their workload effectively, whether working from home or in the office. Commitment to ethical practices and a client-centric approach are paramount.
Underwriting Manager
Posted 6 days ago
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Responsibilities:
- Lead, manage, and mentor a team of underwriters, setting performance standards and providing guidance.
- Oversee the underwriting process for various insurance lines, ensuring accurate risk assessment and appropriate pricing.
- Develop and implement underwriting policies, procedures, and guidelines to align with company strategy and regulatory requirements.
- Review complex cases and make final decisions on policy acceptance, modification, or declination.
- Monitor underwriting performance metrics, identify trends, and implement corrective actions to improve profitability and efficiency.
- Collaborate with actuaries, claims, and sales departments to ensure cohesive business operations.
- Conduct regular audits of underwriting files to ensure compliance and accuracy.
- Stay informed about market trends, competitor activities, and changes in regulations affecting the insurance industry.
- Train and develop underwriting staff, ensuring they have the necessary skills and knowledge.
- Contribute to product development by providing insights from an underwriting perspective.
- Analyze loss ratios and profitability reports to inform underwriting strategy.
- Foster a culture of continuous improvement within the underwriting department.
- Bachelor's degree in Business, Finance, Risk Management, or a related field. Relevant professional certifications (e.g., CPCU, FLMI) are highly valued.
- Minimum of 5-7 years of experience in insurance underwriting, with at least 2-3 years in a supervisory or management role.
- In-depth knowledge of various insurance products (e.g., property, casualty, life, health) and their associated risks.
- Strong understanding of risk assessment principles, financial analysis, and pricing methodologies.
- Proven leadership and team management skills.
- Excellent analytical, decision-making, and problem-solving abilities.
- Strong communication and interpersonal skills, with the ability to effectively negotiate and influence.
- Proficiency in underwriting software and CRM systems.
- Knowledge of relevant insurance laws and regulations.
- Ability to manage a hybrid workload, balancing in-office responsibilities with remote flexibility.
- Experience within the Bahraini insurance market is a significant advantage for this role in Salmabad, Northern, BH .
Underwriting Manager
Posted 6 days ago
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Underwriting Manager
Posted 6 days ago
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Responsibilities:
- Lead and manage the underwriting team to achieve profitable growth targets.
- Develop, implement, and enforce underwriting policies and guidelines.
- Evaluate and approve complex risks, ensuring appropriate pricing and terms.
- Monitor portfolio performance and identify areas for improvement.
- Analyze market trends and competitive landscape to inform underwriting strategies.
- Collaborate with actuarial, claims, and sales departments.
- Ensure compliance with all relevant regulations and legal requirements.
- Provide training and mentorship to underwriting staff.
- Manage underwriting authority and delegated authorities.
- Contribute to the development of new insurance products and programs.
- Bachelor's degree in Business Administration, Finance, Insurance, or a related field.
- Minimum of 8 years of progressive experience in insurance underwriting.
- At least 3 years of experience in a management or supervisory role.
- In-depth knowledge of various insurance lines of business and risk assessment techniques.
- Strong analytical, decision-making, and problem-solving skills.
- Excellent leadership, communication, and interpersonal abilities.
- Proven track record of driving profitable growth and managing underwriting risk.
- Familiarity with insurance regulatory frameworks.
- Ability to effectively manage a remote team and operations.
- Relevant professional designations (e.g., CPCU) are a plus.
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Insurance Underwriting Manager
Posted today
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Senior Underwriting Manager
Posted today
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Key Responsibilities:
- Lead, mentor, and develop a team of underwriters, fostering a high-performance culture.
- Establish and maintain underwriting guidelines, policies, and procedures.
- Review and approve complex or high-value insurance applications, ensuring adherence to risk appetite.
- Analyze market trends, competitor activities, and financial data to inform underwriting strategies.
- Develop and manage the underwriting budget, monitoring financial performance and profitability.
- Collaborate with actuarial, claims, and sales departments to ensure alignment and synergy.
- Implement and oversee quality control measures to ensure accurate risk assessment and pricing.
- Stay abreast of industry changes, regulatory updates, and emerging risks.
- Contribute to the development of new insurance products and services.
- Represent the underwriting department in cross-functional meetings and strategic initiatives.
Qualifications:
- Bachelor's degree in Business Administration, Finance, Risk Management, or a related field.
- Minimum of 7 years of experience in insurance underwriting, with at least 3 years in a management or supervisory role.
- In-depth knowledge of insurance principles, risk assessment, and pricing methodologies.
- Strong understanding of relevant insurance regulations and compliance requirements.
- Proven leadership and team management skills.
- Excellent analytical, decision-making, and problem-solving abilities.
- Strong communication, negotiation, and interpersonal skills.
- Experience with underwriting systems and software.
- Relevant professional designations (e.g., AU, CPCU) are highly desirable.
- Ability to work effectively in a hybrid model, balancing remote strategic planning with on-site team collaboration and oversight.
This hybrid position is based in Janabiyah, Northern, BH , offering a blend of remote work flexibility and essential on-site engagement.
Chief Underwriting Officer
Posted today
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- Developing and executing the company's underwriting strategy to achieve profitable growth.
- Defining and managing the company's risk appetite across all product lines.
- Leading and mentoring the underwriting teams, fostering a high-performance culture.
- Establishing and enforcing underwriting policies, guidelines, and procedures.
- Monitoring market trends and competitive landscape to identify opportunities and threats.
- Collaborating with actuarial to develop pricing strategies and ensure adequacy of reserves.
- Working with the claims department to ensure alignment between claims experience and underwriting practices.
- Ensuring compliance with all relevant insurance regulations and legal requirements.
- Presenting underwriting performance and strategic initiatives to the executive team and board of directors.
- Developing and maintaining strong relationships with brokers, agents, and other distribution partners.
- Overseeing the selection and implementation of underwriting systems and technologies.
- Driving innovation in underwriting practices and product development.