Officer (UAE National)

Confidential; Dubai; On-site; AED 90,000 - 130,000; Full time

Job summary

Well known Insurance Organization in UAE. Dubai-based underwriting role focusing on risk assessment for new and renewal business, ensuring adherence to underwriting guidelines and authority limits for profitability and sustainability of the Property portfolio.

Prepare quotes, renewal notices, property quotations, and reports; maintain files; liaise with claims and operations to ensure timely processing.

Qualifications

• Bachelor's degree in Business Administration.
• 0-1 years of relevant experience.
• Full Professional Proficiency in English language.

Responsibilities

• Review risk assessment for new and renewal business in line with underwriting guidelines.
• Prepare quotes, renewal notices, and property quotations with stated benefits and premiums.
• Submit cases to supervisor when above authority limits and maintain proper filing.
• Sends cover confirmations to operations for system booking and provides periodic reports (claims, production, renewals).
• Liaises with Claims and Operations to ensure accurate renewal processing and data integrity.

Skills

English proficiency

Education

Bachelor's degree in Business Administration

Job description

Organization:

Well known Insurance Organization in UAE.

Location:

Dubai

ROLE PURPOSE:

The job holder is responsible to review and carry out thorough risk assessment with new/renewal business adhering to the Underwriting Guidelines as per the assigned authority limits for

profitability and sustainability of the company's Property portfolio.

Policies, Processes and Procedures:

• Follows all relevant policies, processes, standard operating procedures so that work is carried out in a controlled and consistent manner
• Maintains effective relation with clients (and prospective clients)
• Submits cases to Supervisor/Asst. Manager which are above the authority limit

Underwriting Activities (New Business and Renewals):

• Prepares quotes in line with corporate guidelines and underwriting authority limit
• Prepares renewal notices and follow-up renewal with clients & producers
• Prepares Property quotations, and summary of benefits and premium rates for issuance of policies
• Maintains proper filing
• Sends Cover Confirmation to Operations Department for system booking
• Provides Reports (claims, production, renewals ... ) as and when required,
• Liaises with Claims dept. for loss ratios for processing Renewals
• Liaises with Operations on system bookings
• Checks the standard questionnaire/ proposal form received from the POS

Documentation and Administrative Work:

• Prepares Quotations/tenders and all data required for tenders.
• Prepares/Checks faxes/other communications to clients/brokers.
• Prepares Risk Assessment Forms
• Maintains/checks files for the clients

Cooperation:

• Cooperates with internal departments/divisions as well as branches to achieve efficient & timely transfer of information

Reports:

• Provides Management with appropriate reports regarding the unit and compliance with operational policy and procedures.

Qualifications:

• Minimum bachelor's degree in business administration.
• 0-1 Years of relevant experience.
• Full Professional Proficiency in English language.