Senior Underwriter

Leading Edge; Riyadh; Remote; SAR 100,000 - 130,000; Full time

Job summary

A prominent insurance company in Riyadh is looking for a Senior Underwriter to assess and underwrite Group Life and Credit Life insurance proposals. The ideal candidate will have at least 5 years of experience in underwriting and a strong knowledge of employee benefits schemes. This role includes collaboration with various teams to ensure competitive pricing and risk evaluation. Relevant certifications are preferred.

Qualifications

• Minimum 5 years of experience in Group Life and/or Credit Life Underwriting.
• Strong understanding of employee benefits schemes and group mortality trends.
• Relevant certifications (e.g., CPCU) are a plus.

Responsibilities

• Assess and underwrite Group Life and Credit Life insurance proposals.
• Analyze group demographics, risk factors, and determine pricing.
• Collaborate with teams to support client acquisition.

Skills

Group Life Underwriting

Credit Life Underwriting

Risk Management

Analytical Skills

Education

Bachelor's in Insurance, Risk Management or related field

Tools

Underwriting software

Job description

Job Title

Senior Underwriter - Group Life (Employee Benefits & Credit Life)

Industry

Insurance

Location

GCC (Willing to relocate)

Job Summary

Our client is seeking an experienced Senior Underwriter to assess and underwrite group and credit life insurance proposals, ensuring sound risk evaluation and competitive pricing.

Key Responsibilities

• Assess and underwrite Group Life and Credit Life insurance proposals in line with company guidelines.
• Analyze group demographics, risk factors, and financials to determine appropriate terms and pricing.
• Collaborate with sales, actuarial, and operations teams to support client acquisition and retention.
• Review existing group portfolios and recommend renewal terms and risk management strategies.
• Ensure compliance with regulatory requirements and internal policies.

Requirements

• Education: Bachelor\'s degree in Insurance, Risk Management, Actuarial Science, or a related field.
• Experience: Minimum 5 years of experience in Group Life and / or Credit Life Underwriting.
• Strong knowledge of employee benefits schemes, group mortality trends, and credit life products.
• Familiarity with underwriting software and digital tools is a plus.
• Certifications: Relevant certifications (e.g., Chartered Property Casualty Underwriter (CPCU))).