Underwriting Expert

2 weeks ago


Dubai, Dubai, United Arab Emirates Nexus Underwriting Full time

We are looking for an experienced Underwriting Expert to join our team at Nexus Underwriting DIFC Limited.

Job Description

The successful candidate will be responsible for evaluating new and renewal marine risks, analysing client submissions, and assessing loss ratios to contribute to profitable underwriting outcomes.

Key Responsibilities:

  • Evaluating marine risks to ensure a balanced portfolio and comply with regulatory requirements.
  • Conducting in-depth analysis of client submissions and reviewing claims history to inform underwriting decisions.
  • Working closely with senior underwriters to develop and implement effective underwriting strategies.
  • Providing technical support to underwriters, including entering marine risks into Nexus accounting systems and preparing underwriting reports.
  • Engaging with brokers and clients to obtain additional underwriting information and ensure smooth placements.

Requirements:

  • 5–10 years of experience in marine underwriting, preferably with a strong hull underwriting background.
  • Education: A university degree with a finance, mathematics, or business focus is preferred. A CII qualification or equivalent is a plus.
  • Strong analytical and problem-solving skills, with the ability to work independently and as part of a team.
  • Excellent communication and negotiation skills, with fluency in English.


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