Strategic Chief Underwriter, Facultative Reinsurance

MINDFREE Consulting | Insurance Talent Hub; Riyadh; On-site; SAR 300,000 - 500,000; Full time

Job summary

A leading insurance consulting firm in Riyadh seeks a Chief Underwriter for its Facultative Reinsurance Business. This executive role involves leading underwriting strategy, managing client relationships, and overseeing portfolio performance. Ideal candidates will have a Bachelor's degree in a relevant field and 10-15 years of reinsurance underwriting experience, along with strong leadership and risk management skills. Competitive compensation offered.

Qualifications

• Minimum 10-15 years of experience in reinsurance underwriting.
• Expertise in risk selection and pricing adequacy.

Responsibilities

• Lead and oversee underwriting strategy for facultative reinsurance.
• Manage profitability and performance of the facultative reinsurance portfolio.
• Develop and maintain relationships with cedents and reinsurance partners.
• Mentor and develop a high-performing underwriting team.

Skills

Underwriting strategy development

Risk management

Business development

Client relationship management

Portfolio management

Team leadership

Education

Bachelor's degree in Insurance, Finance, Business, Actuarial Science, or related field

Advanced degree or professional certifications (e.g., ACII, CPCU, FCII)

Job description

A leading insurance consulting firm in Riyadh seeks a Chief Underwriter for its Facultative Reinsurance Business. This executive role involves leading underwriting strategy, managing client relationships, and overseeing portfolio performance. Ideal candidates will have a Bachelor's degree in a relevant field and 10-15 years of reinsurance underwriting experience, along with strong leadership and risk management skills. Competitive compensation offered.