Senior Underwriter – Based: UAE – Salary: negotiable

large-logoLeading global health insurer is expanding and looking to recruit an experienced Senior Underwriter. The successful applicant will be required to provide expert underwriting knowledge to the business and provide a key role in the on-going development of the underwriting model. Managing a small team, you will be both highly competent and dynamic. You will be responsible for ensuring that key financial targets are met, risk assessment and pricing, as well as developing a highly effective underwriting methodology.  Experience in health, risk or protection insurance is a prerequisite for this role.

Key responsibilities:

  • To apply the agreed International PMI underwriting practices and policies within the limits set by the International Underwriting Philosophy, to deliver a prompt, high quality underwriting service.
  • Maintain control data accurately and efficiently ensuring all relevant systems are updated in line with business activity.
  • Ensure key financial targets are met by applying underwriting judgement in line with philosophy to a wide variety of risk related queries.
  • Capture decisions and outcomes with a view to monitoring the effectiveness of underwriting decisions.
  • To fully understand products, systems and procedures.
  • Support and manage a small team. 

Key skills and experience:

  • Solid knowledge of products, contracts, processes and systems involved in the underwriting process with experience in a financial service environment.
  • Experience of healthcare products.
  • Commencement of professional qualifications (CII exams) is helpful but not necessary.
  • Good Commercial Judgement – develop and articulate compelling business cases.
  • Excellent oral and written communication skills, English (mandatory) and Arabic.
  • Organisational ability and self-motivation to work unsupervised.
  • Proven management of a small team within an underwriting environment.
  • Investigation and problem solving skills.
  • Spreadsheet, word-processing and associated IT skills.
  • Ability to prioritise daily work and complete within business standard turnaround times.
  • Ability to work well under pressure.
  • Ability to organise self, work on own initiative and cope with varying workloads and pressure.
  • Evidence to support skills & knowledge.