Underwriting Assistant - Energy

Zurich 56 Company Ltd; Dubai; On-site; AED 60,000 - 120,000; Full time

Job summary

A leading insurance firm in Dubai is seeking an Underwriting Assistant to support the Energy team with underwriting operations. Responsibilities include reviewing applications, preparing insurance policies, and maintaining records. Candidates should have a Bachelor's degree in Business or a related field and strong analytical skills. The role offers a dynamic work environment focused on continuous improvement.

Qualifications

• Bachelor's degree in a relevant field preferred or equivalent work experience.
• Knowledge of Insurance principles and industry practices is advantageous.
• Ability to review and evaluate complex information.

Responsibilities

• Assist Underwriters in reviewing applications and assessing risks.
• Prepare and process insurance policies, ensuring accuracy.
• Maintain accurate underwriting records and documentation.

Skills

Analytical skills

Attention to detail

Organizational skills

Communication skills

Proficiency in MS Office

Education

Bachelor's degree in Business, Finance, or Insurance

Tools

Underwriting software

Job description

Underwriting Assistant - Energy

128771

Job Summary

Zurich is one of the world’s leading insurance groups, and one of the few to operate on a global basis. Our mission is to help our customers understand and protect themselves from risk. With around 55,000 employees serving customers in more than 215 countries and territories, we aspire to become the best global insurer as measured by our shareholders, customers, and employees. We help individuals, small and medium sized companies and global corporations around the world understand and protect themselves from risk by offering a wide range of insurance products, solutions, and advisory services.

Commercial Insurance, Middle East is looking for Underwriting Assistant in the Energy team supporting day-to-day underwriting operations and the growth of the portfolio.

Job Accountabilities

As Underwriting Assistant in our Energy line of business, your role will involve:

• Assist Underwriters in reviewing insurance applications, verifying data accuracy, and assessing risk factors.
• Prepare and process insurance policies, endorsements and renewals, ensuring accuracy and adherence to established guidelines.
• Maintain an activity log that would enable the tracking of account statuses, providing timely updates that is critical for monthly management reports.
• Collaborate with Underwriters analyse the quality and quantity of risks associated with underwritten policies.
• Prepare detailed reports to assist in the decision-making process and assess loss potential, making recommendations for appropriate coverage and premium rates.
• Maintain accurate and up-to-date underwriting records, including policy documentation, endorsements and related correspondence.
• Communicate with agents, brokers and internal stakeholders to obtain missing information, clarify policy details and address inquiries or concerns.
• Assist in the preparation of underwriting reports, summaries, and presentations to support decision-making and provide insights on underwriting performance.
• Stay updated on industry regulations, policy changes, and market conditions that may impact underwriting decisions and processes.
• Provide administrative support to the underwriting team, including data entry, file management, and document preparation.
• Collaborate with cross-functional teams, such as claims and finance, to ensure smooth and efficient underwriting processes.

Job Qualifications

To be successful in this role, you will need:

• Bachelor's degree (or equivalent) in Business, Finance, Insurance, or a related field is preferred. Relevant work experience may be considered in lieu of a degree.
• Knowledge of Insurance principles, policies and industry practices is advantageous.
• Strong analytical skills, with ability to review and evaluate complex information accurately and efficiently.
• Excellent attention to detail, with a focus on data accuracy and quality assurance.
• Proficiency in using computer systems and software applications, including MS Office suite and Underwriting software.
• Strong organizational and time management skills, with the ability to prioritize tasks and meet deadlines in a fast-paced environment.
• Effective communication skills, both written and verbal, with the ability to interact professionally with internal and external stakeholders.
• Ability to maintain confidentiality and handle sensitive information with discretion and professionalism.
• Proactive and willing to learn, with a strong work ethic and a commitment to continuous improvement.

Collaborate Together

Develop & Grow

Puts Customers First

Motivational fit

Make it Happen

Problem Solving

Performance

At Zurich, we like to think outside the box and challenge the status quo. We take an optimistic approach by focusing on the positives and constantly asking What can go right?

We are an equal opportunity employer who knows that each employee is unique - that’s what makes our team so great!
Join us as we constantly explore new ways to protect our customers and the planet .