Underwriter

Our claims team handles property and auto claims from first notice of loss through settlement. The company underwrites workers' compensation for small and mid-sized employers. Founded in 1997, we now have 60 employees.

This is a new role. The team has doubled in size over the past year. Joining the Specialty team in Abu Dhabi. Remote within the region is possible after the first year. The Underwriter reviews and prices commercial insurance submissions from independent agents and decides what to write, and on what terms.

What you'll be doing:

• Negotiate terms, deductibles and pricing with agents.
• Follow underwriting guidelines and state filing requirements.
• Price accounts using rating tools in Guidewire PolicyCenter and underwriting judgment.
• Re-underwrite renewals for loss trends, exposure changes and rate adequacy.
• Refer accounts above your authority with a clear recommendation.
• Track production, hit ratio and loss ratio for your book monthly.
• Review submissions for risk quality, completeness and appetite fit.
• Mentor underwriting assistants and trainees.

Required qualifications:

• 3+ years of commercial lines underwriting experience.
• Experience reading loss runs, schedules and financial statements.
• Working knowledge of commercial property, liability and auto coverage forms.
• Clear written underwriting rationale.
• Comfortable negotiating with agents.

Desirable:

• Excel modelling for pricing.

Pay and benefits:

Compensation: AED 17,500 - AED 21,000/month

• Medical insurance.
• 30 days annual leave.
• Annual bonus.
• Annual flight ticket.
• Visa provided.

Start: Within 30 days.

Demo job created on 11jobs for testing and demonstrations. It is not an actual opening at Youssef Consultants.