Underwriting Manager

Tandem Search

Dubai, UAE

Ref: KP709-1738

Job description / Role

Employment: Full Time

Job Purpose
To ensure that all risks are underwritten within the framework of companys underwriting philosophy, Policy, authority limits and procedures and that policy documents reflect the Companys intention clearly and correctly overseeing the day to day activities of the Underwriting Executives and Underwriting Assistants.

Key Performance Areas
Area of Knowledge:
A broad knowledge of underwriting and risk management

Main Accountability:
The job holder will be responsible for underwriting risks within the authority limits and criteria delegated by the Regional Office. The job has responsibility for authorizing risks up to Level 3 delegated authority. The job holder will also be the referral point for more complex underwriting issues arising within the underwriting teams.
The job holder will ensure that all underwriting activity is appropriately authorized in line with the delegated authority limits established, ensuring that all matters are referred to the Senior Underwriting Manager/Branch/Country Manager where level 1 authority limits are exceeded. For enquiries / risks referred to the Senior Underwriting Manager/Branch/Country Manager the job holder will be responsible for ensuring that such referrals are supported by the necessary documentation:
- full and complete underwriting information
- underwriting recommendations on rating and terms
- details of supporting business
- other commercial considerations if any

The job holder will coordinate and execute the timely production and issuance of commercial insurance policies and related supporting documentation ensuring the accuracy of all documentation in line with the relevant customer/broker agreement. The job holder will ensure that all documents are dispatched/ delivered to the customers/ brokers within the shortest possible time and that appropriate records are maintained.

The job holder will supervise the annual renewal process in conjunction with the underwriting team.

Supervisory/Managerial/Leadership Complexity:
The job directs the activities of the Underwriters and Underwriting Assistants.

Collaborative Relationships

Responsibility Towards:
Direct Reports: Directs the activities of the Underwriting Executives and Underwriting Assistants
Matrix Reports: None
Key Direct Customers: None
Key Suppliers: None
Other Relations etc.: The job requires the establishment of close working relationships with the senior managers in Country as well as the sales and distribution and claims teams.
The job requires the development of relationships with insurance brokers.

Level of Discretion
Independent Thought and Judgment:
The job requires a certain amount of independent thought and judgment in order to assess and rate risks of varying complexity and to prepare quotes in line with the underwriting guidelines

Level of Authorities:
The job will agree rates and issue policies up to a pre-defined limit, Level 3, referring all larger risk to the Senior Underwriting Manager/Branch/Country Manager for approval.

General Working Conditions
Will be required to work long hours when necessary, required to travel to other sites to perform

Requirements

Business Knowledge:
The role requires a broad knowledge of companysproducts
The role requires a basic knowledge of the Claims process
The role requires a broad knowledge of the companys clients and the general insurance market in country.
The job requires a broad knowledge of industrial operations and processes in relation to assessment of risks.

Minimum Requirements of Role
Secondary or Tertiary Education:
The job requires a tertiary level education
Preferably the job requires a diploma in Insurance
Preferably the job requires either ACII / AII or equivalent professional qualifications.
No. of Years Experience:
5+ years underwriting experience
Role Related Training Received:
Basic Computer knowledge
Leadership skills

Technical Competencies of the Job
Functional Skills/Physical Competencies: e.g. Industry Knowledge, Stress Management, Time Management, Relationship Management.

About the Company

Building businesses, changing lives

At Tandem, we’ve built a vast network of top-tier professionals across the globe. We empower businesses to thrive by delivering unmatched talent solutions. With our global reach, collaborative approach, and unwavering commitment to excellence, we drive transformative growth and shape exceptional teams.

Who we are.

We are a team of industry experts, driven by a passion for innovation and excellence. We are dedicated to providing unique talent solutions and nurturing collaborative partnerships that redefine success.

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