Underwriter – General Department

Omega Insurance Brokers LLC; Dubai; On-site; AED 200,880 - 334,800; Full time

Job summary

Omega Insurance Brokers LLC in Dubai seeks an underwriting professional to review proposals, analyze exposures, and support CRMs and clients on quotations and policy terms.

You will negotiate terms with insurers, coordinate policy issuance, ensure compliance, and maintain records while contributing to business growth through efficient underwriting solutions.

Qualifications

• Experience in underwriting and risk assessment.
• Strong knowledge of insurance products and market practices.
• Excellent communication and negotiation abilities.
• Ability to manage multiple priorities and deadlines.

Responsibilities

• Review and evaluate insurance proposals to assess coverage requirements and underwriting feasibility.
• Analyze background information, exposure details, and risk assessments to support underwriting decisions.
• Provide timely support to CRMs and clients on underwriting matters, quotations, and policy terms.
• Negotiate policy terms, conditions, pricing, and rates with insurers to secure suitable coverage.
• Coordinate and process policy issuance and ensure accurate booking of policies within timelines.
• Ensure underwriting activities comply with internal policies, regulatory requirements, and insurer guidelines.
• Maintain relationships with insurance companies and monitor renewals for client retention.
• Maintain accurate records related to underwriting and policy transactions.
• Support business growth by delivering efficient underwriting solutions.

Skills

Negotiation & relationship management

Attention to detail

Knowledge of insurance products

Effective communication

Time management

Job description

Key Responsibilities And Accountabilities

• Review and evaluate insurance proposals to assess coverage requirements and underwriting feasibility.
• Analyze background information, exposure details, and risk assessments to support underwriting decisions.
• Provide timely and adequate support to Client Relationship Managers (CRMs) and clients on underwriting matters, quotations, and policy terms.
• Negotiate policy terms, conditions, pricing, and rates with insurance companies to secure competitive and suitable coverage solutions.
• Coordinate and process policy issuance and ensure accurate booking of policies within agreed timelines.
• Ensure all underwriting activities are carried out with proper due diligence and in compliance with internal policies, regulatory requirements, and insurer guidelines.
• Manage and maintain effective working relationships with insurance companies, .
• Monitor renewals and support retention of existing business through proactive engagement and service delivery.
• Maintain accurate records and documentation related to underwriting and policy transactions.
• Support business growth by delivering efficient underwriting solutions.

Skills & Competencies

• Negotiation and relationship management abilities
• Attention to detail and accuracy
• Knowledge of insurance products and market practices
• Effective communication
• Time management and ability to manage multiple priorities