Senior Engineering Underwriter | Riyadh | Saudi Arabia
Education & Experience :
Bachelors degree in Engineering or a relevant field is required, MSc is preferable.
Professional Qualification e.g. ACII is preferable.
7 years of relevant experience in reinsurance / insurance ( in a mature market or well-established company )
Strong technical knowledge and familiarity with regulations.
Proficiency in underwriting tools, exposure rating models, and portfolio management systems.
Excellent analytical, negotiation, and communication skills.
Main Responsibilities :
Obtains critical underwriting information and responds within specified time standards.
Makes the best use of the pricing tools available to take appropriate underwriting decisions.
Completes review analysis on all new and renewal business.
Assists in the implementation of underwriting and risk management systems / controls to monitor and evaluates the performance of company's business portfolio and associated risks.
Develops business from existing clients and seeks new sources in order to meet assigned target.
Supports the Facultative Underwriting department in updating market and client details to ensure proper client relationship management.