Underwriter

TXM Solutions; Dubai; On-site; AED 180,000 - 320,000; Full time

Job summary

TXM Solutions in Dubai seeks an experienced General Underwriter to assess risks across multiple lines and deliver underwriting decisions in a fast-paced brokerage environment.

You will collaborate with clients, brokers, and insurers to ensure profitable, compliant policy placements while maintaining current knowledge of products and market trends. Strong analytical, communication, and negotiation skills are essential.

Qualifications

• Knowledge of underwriting principles across multiple lines (property, casualty, marine, motor, group life).
• Familiarity with risk assessment, policy wording, and pricing methodologies.
• Understanding of regulatory and compliance requirements.

Responsibilities

• Assess and underwrite insurance applications across multiple lines including property, casualty, motor, and liability.
• Analyze risk exposures and supporting documentation to determine underwriting decisions and premium rates.
• Work closely with insurers to negotiate underwriting terms, clarify risk details, and ensure alignment with policy requirements.
• Negotiate underwriting terms and conditions with insurers on behalf of clients.
• Ensure all underwriting complies with internal guidelines, regulatory requirements, and industry best practices.
• Maintain up-to-date knowledge of insurance products, market trends, and competitor offerings.
• Support claims teams by reviewing complex or disputed claims where underwriting decisions may impact outcomes.
• Build and maintain strong relationships with insurers, clients, brokers, and internal teams.
• Identify and communicate emerging risks and trends to relevant stakeholders.
• Monitor compliance with underwriting standards, internal policies, regulatory requirements, and AML regulations.
• Conduct due diligence in line with KYC policies to verify client identities and detect potential financial crime risks.

Skills

Underwriting knowledge

Risk assessment

Regulatory compliance

Communication skills

Negotiation

Stakeholder management

Education

Bachelor's degree

Job description

Position: General Underwriter

Job description:

We are looking for an experienced General Underwriter to join our client's insurance brokerage team in Dubai. This role involves assessing insurance risks across various lines, providing underwriting decisions, and collaborating closely with clients, brokers, and insurers to ensure profitable and compliant policy placements.

Client brief:

The company is an insurance brokerage and consultancy providing tailored insurance solutions for businesses and individuals across the UAE. Its portfolio includes medical, life, motor, property, marine, construction and liability insurance. Working with local and multinational insurers, it helps clients select suitable coverage based on their needs and budgets, with ongoing support throughout the policy period.

Qualifications:

Education: Bachelor’s Degree (Attested certificate required)

Experience: Minimum 3 years in general underwriting (attested experience certificate preferred)

Preferred Background: Experience in insurance brokerage or underwriting departments of insurers

Technical Skills:

• Knowledge of underwriting principles across multiple lines (e.g., property, casualty, marine, motor, group life)
• Familiarity with risk assessment, policy wording, and pricing methodologies
• Understanding of regulatory and compliance requirements

Soft Skills:

• Strong analytical and decision-making skills
• Excellent communication and stakeholder management abilities
• Ability to negotiate and build relationships with clients, brokers, and insurers

Key Responsibilities:

• Assess and underwrite insurance applications across multiple lines including property, casualty, motor, and liability.
• Analyze risk exposures and supporting documentation to determine underwriting decisions and premium rates.
• Work closely with insurers to negotiate underwriting terms, clarify risk details, and ensure alignment with policy requirements.
• Negotiate underwriting terms and conditions with insurers on behalf of clients.
• Ensure all underwriting complies with internal guidelines, regulatory requirements, and industry best practices.
• Maintain up-to-date knowledge of insurance products, market trends, and competitor offerings.
• Support claims teams by reviewing complex or disputed claims where underwriting decisions may impact outcomes.
• Build and maintain strong relationships with insurers, clients, brokers, and internal teams.
• Identify and communicate emerging risks and trends to relevant stakeholders.
• Monitor compliance with underwriting standards, internal policies, regulatory requirements, and AML (Anti-Money Laundering) regulations.
• Conduct necessary due diligence in line with KYC (Know Your Customer) policies to verify client identities and detect potential financial crime risks.