Insurance Underwriter

2 weeks ago


Dubai, United Arab Emirates Doo Group Full time

**Job Duties**:

- Utilize underwriting guidelines, policies, and procedures to make informed decisions regarding coverage and premiums.
- Review insurance policies to ensure compliance with regulations and company guidelines.
- Interpret policy terms and conditions for clients and stakeholders, providing clarification when necessary.
- Stay updated with market trends, industry regulations, and economic factors that may impact underwriting decisions.
- Conduct market research to identify new opportunities and potential risks in the Dubai market.
- Communicate underwriting decisions effectively to clients, brokers, and other stakeholders.
- Collaborate with actuaries, claims adjusters, and other professionals to assess complex risks and claims.
- Develop risk mitigation strategies and recommendations to minimize losses and maximize profitability.
- Work closely with risk management teams to assess and mitigate systemic risks across the organization.

**Job Requirements**:

- Bachelor's degree in finance, economics, or business administration.
- At least 3-4 years of proven experiences in Insurance related field.
- Professional certifications such as Chartered Insurance Underwriter (CIU) or Chartered Financial Analyst (CFA) preferred.
- Proven experience in underwriting roles, preferably in the insurance industry.
- Strong analytical skills with the ability to assess complex financial and risk data.
- Excellent communication and interpersonal skills, with the ability to build relationships with clients and stakeholders.
- Knowledge of insurance regulations and market dynamics in Dubai and the broader UAE region.

Pay: AED6,000.00 - AED7,000.00 per month

**Experience**:

- Government Regulation Management: 2 years (required)

**Language**:

- English (preferred)

Willingness to travel:

- 50% (required)


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