Engineering, Liability & Accident Underwriter
Job Description
Handling policies issuance (New and Renewal) for Engineering, Liability & Accidents Lines of Business. Handle quotations and ask for the required information. Prepare quotations and related profitability calculations according to the guideline. Handling International policies. Prepare quotations and negotiate the terms, conditions, exclusions and rate with stakeholders. Handling reinsurance arrangements for cases that need placements. Maintain excellent relations with internal and external business partners as well as develop networks of contacts to maximize business development opportunities. Responsible for closing, reporting & data analysis. Monitor the profitability of business underwritten. Maintain full understanding of the company guidelines and treaty. Participate in developing required P&C systems. Product development Setup meetings with the customers / brokers to build a relationship. Serve multinational accounts in respect of policy issuance, Filling, sanction, screening, and modifications. Comply with the company policy for the E-filing to meet the audit and compliance requirement. Communicate with sales / brokers / insurance and reinsurance companies / direct clients in respect of submissions. Prepare the renewal terms accordingly to the account’s performance.
Skills
Education / Certifications: Bachelor's degree in business administration, or a related field is required.
0- 2 years of Previous experience in the insurance filed especially in Technical Engineering, accident, and liability Lob.
Job Qualifications:
Strong understanding of engineering principles, construction practices, and product liability laws is essential.
Analytical Skills to analyse complex data, assess risks, and make informed decisions & the ability to negotiate terms and conditions with clients and brokers.
Soft Skills & Behavioral Competencies:
Effective communication skills, both written and verbal, are necessary for interacting with clients, brokers, and internal teams and to work collaboratively with colleagues in underwriting, claims, and other departments.
Effective time management skills are necessary.
Job Location Cairo, Egypt Job Role Accounting/Banking/Finance Years of Experience Min: 1 Max: 3
