Senior Casualty Underwriter

Consulture Search; Dubai; On-site; AED 250,000 - 300,000; Full time

Job summary

A leading insurance firm is seeking an experienced Senior Casualty Underwriter to join their team in Dubai. You will be responsible for underwriting and managing a portfolio of casualty insurance products and developing relationships with clients and brokers. The ideal candidate has a Bachelor's degree in Business or Finance, at least 5 years of casualty underwriting experience, and excellent analytical and negotiation skills. This role offers a competitive salary and an opportunity to grow your career in a dynamic environment.

Qualifications

• 5+ years of experience in casualty underwriting.
• Strong knowledge of casualty insurance products and market trends.
• Professional designation such as CPCU or ARM is preferred.

Responsibilities

• Underwrite new and renewal casualty insurance policies.
• Analyse and evaluate risk exposures.
• Develop and maintain relationships with brokers and clients.
• Review and negotiate policy terms and conditions.
• Monitor and manage portfolio performance.

Skills

Analytical skills

Risk assessment

Negotiation skills

Communication skills

Relationship building

Education

Bachelor's degree in Business, Finance, or related field

Tools

Microsoft Office

Underwriting software

Job description

About the Role

We are currently seeking a Senior Casualty Underwriter to join our clients team in the DIFC, Dubai. In this role, you will be responsible for underwriting and managing a portfolio of casualty insurance products for our clients. You will work closely with our sales team to develop new business opportunities and maintain relationships with existing clients.

Key Responsibilities:

• Underwrite new and renewal casualty insurance policies in accordance with company guidelines and standards
• Analyse and evaluate risk exposures and determine appropriate coverage and pricing
• Develop and maintain relationships with brokers and clients to promote new business opportunities and ensure retention of existing business
• Review and negotiate policy terms and conditions with brokers and clients
• Monitor and manage portfolio performance, including profitability and loss ratios
• Stay updated on market trends and developments in the casualty insurance industry
• Provide guidance and support to junior underwriters as needed
• Collaborate with other departments, such as claims and finance, to ensure efficient and effective operations
• Participate in industry events and conferences to represent the company and network with potential clients and partners

Qualifications:

• Bachelor's degree in Business, Finance, or a related field
• Minimum of 5 years of experience in casualty underwriting
• Strong knowledge of casualty insurance products and market trends
• Excellent analytical and risk assessment skills
• Ability to build and maintain relationships with brokers and clients
• Strong negotiation and communication skills
• Proficient in Microsoft Office and underwriting software
• Professional designation such as CPCU or ARM is preferred