Underwriting and Business Development Manager - Commercial Lines

Underwriting and Business Development Manager - Commercial Lines Underwriting and Business Development Manager - Commercial Lines 1 month ago Be among the first 25 applicants Get AI-powered advice on this job and more exclusive features. GIG Gulf is part of the Gulf Insurance Group (GIG), the #1 largest regional composite insurer in the Middle East and North Africa, with presence in 13 markets including the United Arab Emirates, Bahrain, Oman, Qatar, Saudi Arabia, Algeria, Egypt, Iraq, Jordan, Kuwait, Lebanon, and Turkey. GIG Group reported consolidated assets of US$ 3.83 billion and $69 million net profit for the year 2023. The majority shareholder of GIG Group is Toronto based Fairfax Financia Holding, a global leader in insurance and reinsurance with a presence in 40 markets. GIG Gulf is an ‘A’ rated regional insurer with a top 5 position in each of its markets (UAE, Oman, Qatar, Bahrain). GIG Gulf has been present in the region for over 70 years with a strategic focus on both growth and investments and is a one stop shop offering a wide range of insurance products and services that cater to a broad variety of needs for corporates, SMEs and individual customers throughout UAE, Oman, Bahrain, and Qatar. GIG Gulf also owns a 50% stake in GIG Saudi. Our strategic objectives and guiding principles are focused on Regional Growth, Customer Experience and Digital Transformation. GIG Gulf has created a diverse and inclusive working environment and culture with a workforce of over 800 employees, with over 60 nationalities, across 15 branches and retail shops region-wide and over 1 million customers. GIG Gulf is a caring partner that encourages customers to achieve their goals and live an inspiring and fulfilling life. We are obsessed with customer feedback and continuously evolving to become the region’s digital insurer of reference, committed to running our operations in a responsible, sustainable way. Job purpose: To perform underwriting for all Commercial Lines requests coming from allocated brokers in P&C Commercial Lines To strengthen and grow profitably the relationship with selected brokers. Key Responsibilities Underwriting of Property , casualty , financial lines , Motor and Marine within the risk appetite& guidelines and authority limits. Point of contact of allocated brokers for new business in P&C Commercial Lines Nurture relationships with internal and external partners to facilitate the underwriting process, promote business development, and to remain abreast of industry trends Advanced knowledge in Property underwriting. Effectively manages assigned brokers by developing and maintaining relationships to write accounts consistent with the company appetite. Primarily in charge of sourcing and underwriting new business and proactively support for the renewals Provide superior Customer service to brokers with problem solving mindset Adhere to all company underwriting authority directives, underwriting guidelines, and other applicable company policies and procedures. Assist and support other BDUMs on property and engineering LOBs Minimum requirements of role Minimum of 7 years of Commercial lines underwriting in the region Expertise in Property and Engineering Familiar and good relationship with the broker community in the UAE knowledge of all P&C commercial lines insurance Demonstrated business savvy, analytical and quantitative skills with strong problem-solving abilities Gulf market insurance knowledge Professional demeanor in verbal and written communications internally and externally Proficient in MS Outlook, Excel, and similar applications Seniority level Seniority level Associate Employment type Employment type Full-time Job function Job function General Business Industries Insurance Referrals increase your chances of interviewing at GIG Gulf by 2x Sign in to set job alerts for “Underwriting Manager” roles. Finance & Insurance Manager

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