Marine Underwriting & Risk Analyst

SAICO Insurance; Riyadh; On-site; SAR 60,000 - 100,000; Full time

Job summary

SAICO Insurance in Riyadh is seeking a Marine Insurance Officer to manage quotations, renewals and endorsements, issuing policies with prompt turnaround. You will collect required documents, support risk assessments and coordinate with brokers and clients on quotations and documents.

The role requires 1–3 years in insurance and a Bachelor’s degree in a related field, with a focus on accurate underwriting and timely documentation.

Qualifications

• Bachelor’s degree in Business Administration, Insurance or related field.
• 1-3 years’ experience in the insurance industry.

Responsibilities

• Prepare marine quotations, renewals, endorsements, and policy issuance within agreed turnaround times.
• Obtain and review all required documents and information are complete before processing.
• Support risk assessment by collecting relevant information and checking exposures.
• Coordinate with Brokers and clients regarding quotations and required documents.
• Follow up on outstanding quotations, renewals and policy documentation.
• Maintain proper and accurate underwriting records and files.
• Prepare Loss Record Summary before processing Renewal Notices to the Brokers/Producers

Education

Bachelor’s degree in Business Administration, Insurance or related field

Job description

SAICO Insurance in Riyadh is seeking a Marine Insurance Officer to manage quotations, renewals and endorsements, issuing policies with prompt turnaround. You will collect required documents, support risk assessments and coordinate with brokers and clients on quotations and documents.

The role requires 1–3 years in insurance and a Bachelor’s degree in a related field, with a focus on accurate underwriting and timely documentation.