Home Kuwait Senior Property & Casualty Underwriter (Kuwait)

Home Kuwait Senior Property & Casualty Underwriter (Kuwait)

Senior Property & Casualty Underwriter (Kuwait)

Full time at Arabia Insurance Company in Kuwait
Posted on February 20, 2025

Job details

We are hiring a Senior P&C Underwriter for our Kuwait branch Summary: The Senior P&C Underwriter implements the P&C technical framework, performs operations activities in a way that matches written processes, and prepares quotations as per defined underwriting authority limit within set TAT. Key Responsibilities:

  • Implement properly the P&C Department Policies and Procedures and recommend changes for improvement
  • Maintain proper implementation and execution of agreements made with Brokers/important clients in terms of rates, minimum premiums, and renewals
  • Review quotations, change requests (endorsements), and escalate any inquiry exceeding authority
  • Follow up on renewals to ensure major policies are renewed on time
  • Ensure pre-cover inspections are done for matters within his/her authority
  • Review Retention and Reinsurance distributions and Facultative placements needed
  • Assist in preparing periodical reports to the Country Manager/Group Department Head when needed, in addition to assisting in preparation of department business plan reports (strategy, HR, and capital budget)
  • Underwrite risks that fall within own authority
  • Underwrite cases as referred by distribution channels and as directed by Team Leader / P&C Manager
  • Prepare preliminary assessment of cases that fall above own authority and refer them to the Team Leader / P&C Manager with appropriate recommendations
  • Prepare Offers and ensure that all documents are complete
  • Prepare quotations as per defined UW authority limit and within the set TAT
  • Maintain proper and updated activity records by registering all submission activities on SAR without exception
  • Assist in the preparation of the annual budget
Requirements:
  • 3 to 5 years’ experience in P&C underwriting
  • Profound knowledge of Property and Casualty insurance and similar products
  • Solid knowledge in surveys and RIR
  • Knowledge in underwriting of general insurance, property & marine policies
  • Ability to work under pressure and with minimum supervision
  • Proactive with a can-do attitude
  • Focus on details and errorless delivery
Seniority Level: Mid-Senior level Employment Type: Full-time Job Function: Finance and Sales Industries: Insurance #J-18808-Ljbffr

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