Transguard Workforce Solutions is the UAE’s leading provider of innovative HR solutions. With a decade of regional experience and a knowledgeable team, we offer fully integrated HR services.
We are currently recruiting for an Assistant Manager – Underwriting Property (International) for one of our clients, based in their Abu Dhabi office.
Job Purpose:
- To underwrite a profitable book of Property & Casualty business, focusing on the Industrial sector, Power sector, and Commercial Properties.
Job Description:
- Achieve the International Division’s budget for Property & Casualty Line of Business (LOB).
- Underwrite risks aligned with the company's underwriting philosophy and risk appetite.
- Develop and maintain strong relationships with brokers and cedants.
- Manage renewals, including negotiations with brokers and cedants, ensuring smooth processes.
- Deliver excellent service levels to business partners.
- Support in preparing the annual budget for Property & Casualty, aligned with organizational growth and underwriting philosophy.
- Document underwriting thought processes and rationales properly.
- Follow up regularly with business partners on new inquiries and renewals.
- Provide support to departments such as Claims, Finance, and Reinsurance when needed.
Key Performance Indicators:
- Gross written premium
- Loss ratio, bottom line, net profit
- Number of quotes and conversion ratio
- Renewal retention ratio
- TAT and complaints from business partners
- Duly completed risk assessment sheets
- Monthly visits to brokers in Dubai and regional visits as required
- Conversion ratio, production reports, renewal retention reports, business pipeline, occupancy-wise loss ratio reports