Underwriter – General Department

Omega Insurance Brokers LLC; Dubai; On-site; AED 120,000 - 180,000; Full time

Job summary

Omega Insurance Brokers LLC in Dubai seeks an underwriting professional to review proposals, assess coverage needs, and support client relationships. The role involves negotiating terms with insurers, processing policy issuances, and ensuring compliance with regulations.

The candidate should have strong negotiation, attention to detail, and knowledge of insurance products, with excellent communication and time management skills. This is an on-site opportunity in the UAE.

Qualifications

• Experience in underwriting and insurance proposals.
• Strong negotiation and relationship management skills.
• Proven attention to detail and accuracy.
• Sound knowledge of insurance products and market practices.
• Excellent communication and time-management abilities.

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, regulators, and insurer guidelines.
• Maintain relationships with insurance companies and monitor renewals.
• Support retention of existing business through proactive engagement and service delivery.
• Maintain accurate records related to underwriting and policy transactions.
• Contribute to business growth by delivering efficient underwriting solutions.

Skills

Negotiation and relationship mgmt

Attention to detail

Insurance products knowledge

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