Credit Underwriter- Saudi National

Role                           Credit Underwriter- Saudi National

Location                     Dubai/Saudi Arabia- Hybrid

Job Level                    Professional

Company                    Our client is a global leader in insurance, offering financial services solutions to multinationals, corporates, and banks, and with millions of happy customers enjoying their wide range of products, services, and solutions in insurance and asset management.

Your Role: Ensure most effective credit limit service in terms of quality of decision, turnaround time, and communication towards customers.

Key Responsibilities:

• Decide credit limit requests consistently, within response time included in Risk Business Model:
  * by assessing buyer with all information available in IRP and his/her own market knowledge
  * Monitoring of the risk portfolio
  * by requesting further information to the info/grading team, according to Information Quality Standards
• Be responsible for a dedicated customer’s portfolio, steer it, and provide a pro-active service level, according to PH classification:
  * by regularly meeting customers and brokers
  * by organizing telephone conferences
• Contribute to support Commercial in steering customers’ loss ratio and implement necessary actions to ensure or restore profitability of portfolio.
• Maintains & develops relationships with Info/Grading Team and MMCD.

The Challenges/ Complexity Requires:

• Attract new customers/prospects by quality of service and underwriting decisions
• Build a trustee relationship with customers, to improve customer portfolio profitability
  * Contribute to the training and integration of new underwriters
  * Represent company to all External stakeholders

• Market knowledge:
  * Knowledge in dedicated business industries
• Business expertise:
  * Strong business/finance assessment skills
  * In-depth knowledge and experience in EH underwriting
  * Demonstrate commercial awareness
• Interpersonal skills:
  * Be a good communicator and able to convince about all decisions taken
  * Ability to hold visits and contacts, for Senior UW including senior account managers
• Internal leadership behaviour (if applicable):
  * Build relationships with other core functions (Credit Analysts, MMCD, Claims…)
• External leadership behaviour (if applicable):
  * Act as a trustee risk advisor for customers

Ability to build long-term customer relationships, even in a context of restrictive decisions and deteriorated market.

• Underwriting standards – quality of decisions.
• Loss Ratio.