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A leading energy solutions firm in Riyadh is seeking a Senior Energy Underwriter to manage underwriting for oil & gas, power, and renewable sectors. The ideal candidate has 5–10 years of experience in energy underwriting, strong analytical skills, and is fluent in English, with Arabic preferred. This role requires building relationships with brokers and clients while ensuring compliance and portfolio profitability.
As the Senior Energy Underwriter, you will be responsible for the underwriting of all aspects of the energy portfolio, including oil & gas, power, renewables, and infrastructure projects. The role requires deep technical expertise to assess and price risks, negotiate terms, and structure tailored solutions for clients in partnership with brokers. You will set underwriting guidelines, monitor portfolio performance, and ensure adherence to governance and compliance frameworks. Externally, you will act as a senior market representative, building credibility with stakeholders and driving the companys presence in regional and international energy markets.
Proven track record of interacting with regional and international insurers, reinsurers, and intermediaries.
Strong analytical and critical-thinking skills with ability to assess complex risks.
Broad knowledge across all energy risks.
Proficiency in business practices, data management, and reporting, supported by advanced computer skills.
Excellent negotiation and problem-solving capabilities at a senior level.
Strong interpersonal and communication skills for engaging with internal and external stakeholders.
Effective time management, facilitation, and decision-making in high-pressure environments.
* The salary benchmark is based on the target salaries of market leaders in their relevant sectors. It is intended to serve as a guide to help Premium Members assess open positions and to help in salary negotiations. The salary benchmark is not provided directly by the company, which could be significantly higher or lower.