Deputy Underwriter/ Underwriter

Propel Consult

Kuala Lumpur, Bahrain

Ref: LP127-999

Job description / Role

Employment: Full Time

Our client is a closed joint stock company registered in the Kingdom of Bahrain, with authorised, issued and paid up capital of over US$ 200 million. The company is regulated by the Central Bank of Bahrain, as a locally incorporated reinsurance firm. Our client is currently looking to recruit an underwriter/deputy underwriter.

Duties & Responsibilities
- Studying insurance proposals
- Gathering and assessing background information in order to effectively assess the risk involved.
- Calculating possible risk and deciding how much individuals or organisations should pay for insurance.
- Deciding whether the risk should be shared with a reinsurer.
- Computing results for appropriate premiums using actuarial information, other statistics and own judgement.
- Gathering information and various types of reports.
- Negotiating terms with policyholders or their brokers.
- Specifying conditions to be imposed on different types of policies, for example, asking that a property owner install a security alarm.
- Negotiating with brokers and drawing up contracts.
- Writing policies.
- Keeping detailed and accurate records of policies underwritten and decisions made.

Requirements

- Analytical skills
- Good maths and statistics skills
- Attention to detail
- Verbal and written communication skills
- IT skills
- Good judgement
- Negotiation and interpersonal skills
- Malaysian Nationals
- Spoken and Written Mandarin

About the Company

Propel Consult delivers a service in step with the needs of both our client companies and candidates. Our ability to add value to all levels of recruitment stems from our wholehearted belief in providing a professional service to both parties. We have built relationships with many leading indigenous and mulitnational organisations throughout the Middle East and internationally in countries such as UAE, Qatar, Saudi Arabia, Oman, Bahrain, Kuwait, Egypt and many more. Concentrating our resources has created 5 distinct specialist divisions:

  • Banking & Finance
  • Human Resources
  • Oil & Gas
  • Construction
  • Architecture & Engineering

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