Reinsurance Underwriter Casualty and Financial Lines

Consulture Search; Dubai; On-site; AED 240,000 - 360,000; Full time

Job summary

A leading insurance firm in Dubai is seeking an experienced Underwriter specializing in Casualty and Financial Lines. You will assess, price, and structure reinsurance risks while managing portfolio performance and fostering strong broker relationships. Candidates should have 7–10 years of experience, a degree in Insurance or a related field, and relevant qualifications like ACII or CII. This role is crucial in shaping underwriting strategies and supporting business growth in a dynamic market.

Qualifications

• 7–10 years hands-on underwriting experience in Casualty & Financial Lines.
• Practical experience with facultative and treaty reinsurance programmes.
• Track record of managing profitable reinsurance portfolios.

Responsibilities

• Assess reinsurance risks across Casualty & Financial Lines.
• Manage profitability and loss ratios.
• Build strong broker partnerships.

Skills

High-level Casualty & Financial Lines underwriting expertise

Strong pricing, analytical and risk assessment capability

Confident broker and market engagement skills

Education

Degree in Insurance, Risk Management or a related field

ACII, CII, CPCU or similar professional qualification

Job description

About the Role

This role sits at the heart of the companys Casualty & Financial Lines growth strategy. The Underwriter will assess, price and structure reinsurance risks, actively managing portfolio performance while building strong relationships with brokers and capacity providers. Working from DIFC, the role offers direct involvement in shaping underwriting strategy, developing new markets and ensuring profitable, compliant and technically sound reinsurance underwriting across international portfolios.

Responsibilities

Underwriting & Pricing

• Assess reinsurance risks across Casualty & Financial Lines
• Price and structure covers within authority limits
• Apply market benchmarks and loss data

Portfolio Control

• Manage profitability and loss ratios
• Monitor exposure accumulation
• Support renewal and remediation actions

Governance & Compliance

• Apply underwriting guidelines and binders
• Maintain DFSA regulatory compliance
• Support internal governance reviews

Broker & Market Relationships

• Build strong broker partnerships
• Support placement negotiations
• Attend client and market meetings

Reporting & Management Information

• Prepare underwriting performance reports
• Present renewal and portfolio analyses
• Support management decision-making

Growth & Development

• Identify growth opportunities
• Support new product initiatives
• Contribute to business planning and strategy

Qualification and Experience

• Degree-qualified in Insurance, Risk Management or a related field
• 7–10 years hands-on underwriting experience in Casualty & Financial Lines
• ACII, CII, CPCU or similar professional qualification advantageous
• Practical experience with facultative and treaty reinsurance programmes
• Strong grasp of pricing, wordings and market benchmarks
• Track record of managing profitable reinsurance portfolios
• GCC expeience required

Competencies

• High-level Casualty & Financial Lines underwriting expertise
• Strong pricing, analytical and risk assessment capability
• Profitability and portfolio performance focus
• Confident broker and market engagement skills
• Regulatory and governance awareness
• Effective communication and stakeholder management