Life Underwriting & ReTakaful Lead

Consulture Search; Muscat; On-site; OMR 12,000 - 24,000; Full time

Job summary

Consulture Search is seeking an Underwriting & ReTakaful Supervisor to oversee Life underwriting, focusing on Individual Credit Life and Bancassurance, and to manage ReTakaful activities across Life lines. You will lead the underwriting team, ensure sound risk assessment, develop MIS and analytics, maintain regulatory compliance, and collaborate with ReTakaful partners to optimize portfolio profitability.

Professional qualifications include Life insurance knowledge and leadership; FLMI/ALU

Qualifications

• Bachelor’s degree in Business Administration, Finance, Risk Management or related discipline.
• Advanced qualifications such as FLMI/ALU are advantageous.
• Professional Life insurance qualifications (FLMI/ALU) preferred.

Responsibilities

• Lead and supervise the Life underwriting team, ensuring effective risk assessment and compliant decision-making.
• Coordinate with ReTakaful partners for medical, financial and occupational risk assessments and loadings.
• Oversee ReTakaful/reinsurance activities across Life portfolios including bordereaux, cessions and recoveries.
• Develop and maintain MIS, analytics and portfolio performance insights to support management decisions.
• Maintain governance, policies and procedures, and support digital platforms and systems.

Skills

Life underwriting

Leadership

Risk assessment

ReTakaful management

MIS & analytics

Stakeholder management

Regulatory compliance

Communication

Education

Bachelor's degree in Business Administration, Finance, Risk Management

Advanced academic qualifications advantageous

FLMI / ALU or equivalent

Tools

Microsoft Office

Underwriting systems

Job description

Consulture Search is seeking an Underwriting & ReTakaful Supervisor to oversee Life underwriting, focusing on Individual Credit Life and Bancassurance, and to manage ReTakaful activities across Life lines. You will lead the underwriting team, ensure sound risk assessment, develop MIS and analytics, maintain regulatory compliance, and collaborate with ReTakaful partners to optimize portfolio profitability.

Professional qualifications include Life insurance knowledge and leadership; FLMI/ALU