Senior Underwriter - MEA
Dubai, UAE Accounting / Management control
Job description
We are seeking a Senior Group Underwriter to join our team in Dubai. Within this role, you will be responsible for underwriting health, life and disability products for Allianz Partners large corporate clients. The role would be suited to an organised and highly analytical person who enjoys working at the centre of the business. The right candidate will be self-motivated and committed, with prior experience in an underwriting role, ideally employee benefits.
What you Do:
· Evaluate and issue quotes for large corporate insurance schemes in accordance with company underwriting guidelines, pricing methodologies and other relevant regulations.
· Gather and review background information in order to effectively assess risk.
· Analyse claims data and risk factors to forecast future claims levels and set insurance premiums.
· Collaborate with Sales and Relationship Management teams throughout contract renewals and tenders to reach target KPIs, while maintaining underwriting standards.
· Prepare and issue client utilisation reports, including commentary and explanation of observed trends and scheme performance.
· Act as a technical referral point for other areas of the business in relation to all Underwriting queries.
· Form own opinions on requests and make sound underwriting decisions, within authority limits.
· Take ownership of queries received within the team and deliver a quality service and response time to colleagues.
· Represent Underwriting team on strategic projects, as needed.
· Comply with company standards in respect of documentation and file management.
· Update and maintain work activity reports for Management.
What you Bring:
· Experience in Underwriting role – within employee benefits desirable.
· Strong problem solving, analytical skills and decision making ability.
· High attention to detail and accuracy is critical.
· 3rd level qualification in mathematics or other numerate area.
· Proven ability to work well as part of a team and communicate effectively with others.
· Strong Excel skills essential, competence in Word and Powerpoint.
· Ability to collaborate, prioritise tasks, and work on multiple assignments.
· Good verbal and written communication skills.
· Excellent organizational and time management skills.
· Ability to work under pressure and to tight deadlines.
· Strong sense of ownership in carrying out duties.
· A willingness to learn and develop.
What we offer:
Our employees play an integral part in our success as a business. We appreciate that each of our employees are unique and have unique needs, ambitions and we enjoy being a part of their journey.
We are there to empower and encourage you with your personal and professional development ensuring that you take control by offering a large variety of courses and targeted development programs. All that in a global environment where international mobility and career progression are encouraged. Caring for your health and wellbeing is key priority for us. This is why we build Work Well programs to providing you with peace of mind and give the flexibility in planning and arranging for a better work-life balance.
56049 | Underwriting | Professional | Non-Executive | Allianz Partners | Full-Time | Permanent
Allianz Partners Introduction:
Allianz Group is one of the most trusted insurance and asset management companies in the world. Caring for our employees, their ambitions, dreams and challenges, is what makes us a unique employer. Together we can build an environment where everyone feels empowered and has the confidence to explore, to grow and to shape a better future for our customers and the world around us.
We at Allianz believe in a diverse and inclusive workforce and are proud to be an equal opportunity employer. We encourage you to bring your whole self to work, no matter where you are from, what you look like, who you love or what you believe in.
We therefore welcome applications regardless of ethnicity or cultural background, age, gender, nationality, religion, disability or sexual orientation.
Join us. Let's care for tomorrow.