Senior Underwriter

2 weeks ago


Dubai, Dubai, United Arab Emirates Cultivar Insurance ltd Full time

Cultivar Insurance Ltd is a Managing General Agent (MGA) based in the DIFC and regulated by the Dubai Financial Services Authority (DFSA). We specialize in managing insurance for commercial and political trade credit risks, surety, and financial guarantees in emerging markets. Our mission is to address the supply gap in these markets, leveraging structured finance expertise to support financial institutions and businesses.

Position Overview:

We are seeking a detail-oriented and analytical Senior Underwriter to contribute to transactional-level underwriting, risk analysis, and client support. Based in Cairo, this role involves evaluating credit and political risk transactions, preparing detailed credit memos, and supporting the development of innovative insurance solutions.

Key Responsibilities:

  1. Transactional Underwriting and Risk Analysis:
  • Evaluate and assess credit and political risk transactions, ensuring alignment with Cultivar's underwriting standards and risk appetite.
  • Conduct due diligence, analyzing financial statements, transaction structures, and risk factors.
  • Prepare and present comprehensive credit memos and underwriting reports for approval by senior underwriting leadership.
Market Engagement and Client Support:
  • Support clients and partners in structuring bespoke insurance solutions for credit extensions and structured finance transactions.
  • Assist in the preparation of proposals and presentations for brokers, cedents, and financial institutions.
  • Maintain strong working relationships with clients, reinsurers, and brokers to support ongoing underwriting activities.
Portfolio Monitoring and Reporting:
  • Assist in monitoring the performance of underwritten risks, ensuring adherence to key portfolio performance metrics.
  • Contribute to periodic portfolio reviews and recommend adjustments to improve portfolio performance.
  • Stay informed about market trends and developments to provide insights into potential underwriting opportunities.
Operational Excellence and Team Collaboration:
  • Ensure timely and accurate documentation of underwriting decisions and maintain compliance with internal processes.
  • Collaborate with internal teams, including risk, actuarial, and IT, to support the continuous improvement of underwriting processes.
  • Participate in team meetings to share knowledge and insights into credit and political risk developments.

Qualifications:

  1. Education:
  • Bachelor's degree in Finance, Economics, Business Administration, or a related field; Master's degree preferred.
Experience:
  • 5+ years of experience in underwriting, structured finance, or credit risk management within banking or financial services.
  • Experience with credit and political risk insurance or structured finance transactions.
Skills:
  • Strong analytical skills with the ability to assess complex financial and transactional risks.
  • Excellent written and verbal communication skills for preparing detailed credit memos and engaging with stakeholders.
  • Proficiency in financial analysis tools and underwriting software.
  • Strong organizational skills with attention to detail and the ability to manage multiple tasks.

Why Join Us?

  • At Cultivar Insurance Ltd, you will play a key role in supporting innovative underwriting initiatives that shape the future of credit and political risk insurance in emerging markets. Based in Dubai, you'll join a collaborative team dedicated to impacting underserved markets.

Seniority level: Mid-Senior level

Employment type: Full-time

Job function: Finance and Sales

Industries: Insurance

#J-18808-Ljbffr
  • Senior Underwriter

    2 days ago


    Dubai, Dubai, United Arab Emirates DAMANA Full time

    Get AI-powered advice on this job and more exclusive features.Our office in Dubai is currently recruiting for a Senior General Underwriter (excluding medical) who will actively assist the department manager in underwriting risks and managing portfolios across different classes of risks.In addition, the Senior Underwriter will be largely responsible for:-...

  • Senior Underwriter

    32 minutes ago


    Dubai, Dubai, United Arab Emirates Cultivar Insurance ltd Full time

    Cultivar Insurance Ltd is a Managing General Agent (MGA) based in the DIFC and regulated by the Dubai Financial Services Authority (DFSA). We specialize in managing insurance for commercial and political trade credit risks, surety, and financial guarantees in emerging markets. Our mission is to address the supply gap in these markets, leveraging structured...

  • Senior Underwriter

    4 days ago


    Dubai, Dubai, United Arab Emirates beBee Careers Full time

    Senior Underwriter Job Description:We are seeking a Senior Underwriter to lead our mortgage loan processing team. The ideal candidate will have extensive experience in mortgage credit underwriting and loan processing, with a strong understanding of regulatory requirements.Key Responsibilities:Mortgage Loan Application Processing: Lead the end-to-end...

  • Senior Underwriter

    3 weeks ago


    Dubai, Dubai, United Arab Emirates Cultivar Insurance ltd Full time

    Cultivar Insurance Ltd is a Managing General Agent (MGA) based in the DIFC and regulated by the Dubai Financial Services Authority (DFSA). We specialize in managing insurance for commercial and political trade credit risks, surety, and financial guarantees in emerging markets. Our mission is to address the supply gap in these markets, leveraging structured...

  • Senior Underwriter

    4 weeks ago


    Dubai, Dubai, United Arab Emirates Zurich Australian Insurance Ltd. Full time

    Job Summary Zurich is one of the world's leading insurance groups, and one of the few to operate on a global basis. Our mission is to help our customers understand and protect themselves from risk. With around 55,000 employees serving customers in more than 215 countries and territories, we aspire to become the best global insurer as measured by our...

  • Senior Underwriter

    4 weeks ago


    Dubai, Dubai, United Arab Emirates Zurich 56 Company Ltd Full time

    Job Summary Zurich is one of the world's leading insurance groups, and one of the few to operate on a global basis. Our mission is to help our customers understand and protect themselves from risk. With around 55,000 employees serving customers in more than 215 countries and territories, we aspire to become the best global insurer as measured by our...

  • Senior Underwriter

    4 weeks ago


    Dubai, Dubai, United Arab Emirates Intelligent Solutions HR Full time

    Senior Recruitment Consultant @ Intelligent Solutions | Financial Services Recruitment |General Overview:Our client, a leading global Insurance provider, is looking to hire a Senior Underwriter - Power for their team in Dubai, UAE. The successful candidate will serve as the subject matter expert, demonstrating specialized knowledge and expertise in Insurance...

  • Senior Underwriter

    2 weeks ago


    Dubai, Dubai, United Arab Emirates Intelligent Solutions HR Full time

    Senior Recruitment Consultant @ Intelligent Solutions | Financial Services Recruitment | General Overview : Our client, a leading global Insurance provider, is looking to hire a Senior Underwriter - Power for their team in Dubai, UAE. The successful candidate will serve as the subject matter expert, demonstrating specialized knowledge and expertise in...

  • Senior Underwriter

    2 weeks ago


    Dubai, Dubai, United Arab Emirates Intelligent Solutions HR Full time

    Senior Recruitment Consultant @ Intelligent Solutions | Financial Services Recruitment | General Overview : Our client, a leading global Insurance provider, is looking to hire a Senior Underwriter - Power for their team in Dubai, UAE. The successful candidate will serve as the subject matter expert, demonstrating specialized knowledge and expertise in...


  • Dubai, Dubai, United Arab Emirates beBee Careers Full time

    About the RoleThe Senior Underwriter will lead the way in delivering exceptional results and driving business growth in the Construction sector. This role requires a seasoned underwriter with a proven track record of building strong relationships with brokers and clients.The ideal candidate will have extensive experience in underwriting for specific classes...