Head of Group Underwriting
Posted on :
17-03-2025
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1 Vacancy
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Job Description
Intelligent Solutions have partnered with a large multinational Insurance company to hire a Head of Group Underwriting for their team in Dubai United Arab Emirates. In this role you will be responsible for developing and executing regional underwriting strategy for IPMI and Reinsurance lines of business to drive profitable growth.
Key Responsibilities:
- Develop define and execute regional underwriting strategy for IPMI and Reinsurance lines of business to drive profitable growth and a leading market position.
- Steer and control both portfolios regionally to drive achievement of financial targets (e.g. full combined ratio).
- Drive underwriting planning process and monitor adherence to plan.
- Work closely with Portfolio Monitoring team to ensure adequate monitoring and reporting in place and is shared with the appropriate audience in a timely manner.
- Take action quickly on emerging trends or any changes in the business that impact the accurate of pricing.
- Drive and proactively monitor a consistent and coherent global underwriting governance framework ensuring alignment of processes between the different lines of business.
- Proactively drive acquisition of new business and retention of existing business (including client and broker negotiations where necessary) in collaboration with Sales & CRM teams.
- Ensure that all new business renewal quotations and pricing requests are addressed in a manner designed to secure clients.
- Proactively drive involvement of functional areas in the Underwriting and Pricing process including e.g. Actuarial Finance Operations.
- Responsible for Health Safety and Welfare within the team.
Requirements
- Minimum of 10 years in Underwriting management position in relevant line of business.
- Experience in health insurance is essential. Experience in L&D or Reinsurance is desirable but not essential.
- Proven track record of successful negotiations with large corporate clients.
- Experience of working in a large complex global financial services organization.
- Successful track record of leadership of direct teams and matrix environments.
- Preferably Degree and / or professional insurance qualification (e.g. CII).
Required Experience:
Director
Employment Type
Full-Time
Department / Functional Area
Key Skills
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