Sr. Underwriting Supervisor

Date: 20 Nov 2024

Location: KW

Company: Alghanim Industries

Job Summary

This role is responsible for supervising the underwriting team, managing complex risks, and implementing strategies to mitigate risks. The Senior Underwriter Supervisor ensures compliance with company policies, industry regulations, and reinsurance treaty requirements, while also providing guidance and training to junior staff members to enhance their skills and performance.

Job Responsibilities

Assist the AM in day to day underwriting decisions and issuance
• provide Coaching for team Members 
• Process quotations  as per the treaty guidelines  and follow the quotations process 
• Making sure that the department is adhering with External and Internal SLA’s.
• Explain Policy terms and the actual application of exclusions to both the providers and clients
• Ensure quotations delivered for the various proposals
• Communicate with Reinsurers on best deals for various products
• Take charge to deliver timed monthly and quarterly reports / closing 
• Error free quotations 
• Building relationships with existing channels in securing new accounts 

Candidate Requirements

  • Bachelor’s degree in Finance/E-Commerce or any related field
  • 5+ Years of Experience in the field of Insurance
  • 3 Years of Experience in the same line of business
  • Certification in Insurance is preferred, CERT CII or their equivalency.
  • Minimum 3 years of experience in technical decision making with supervision.
  • Leadership skills
  • Analytical and Numerical skills
  • Effective communication and negotiation skills, with ability to interact confidently with clients and stakeholders.
  • Advanced Excel skills