Senior Underwriter

leading-edge

Riyadh

On-site

SAR 180,000 - 240,000

Full time

3 days ago
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Job summary

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

The role requires strong knowledge of employee benefits schemes, group mortality trends and the ability to collaborate with sales, actuarial, and operations teams to support client acquisition and retention.

Qualifications

  • Bachelor's degree in Insurance, Risk Management, Actuarial Science, or related field.
  • 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 such as CPCU are desirable.

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 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.

Skills

Underwriting
Group Life
Credit Life
Regulatory knowledge

Education

Bachelor's degree in Insurance, Risk Management, Actuarial Science, or related field

Tools

Underwriting software
Digital tools

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)
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