Our client is a distinguished public shareholding company listed on the Kuwait Stock Exchange. Known for being a market leader in Kuwait, they consistently lead in terms of premiums written. The client ranks among the largest and most diversified insurance groups in the Middle East and North Africa. As one of the leading private insurers by gross premium written, they maintain a strong competitive position in Kuwait, Jordan, Bahrain, and Egypt. The Group operates across the UAE, Saudi Arabia, Turkey, Algeria, Oman, Qatar, Iraq, and Lebanon. Their revenue and earnings reflect a well-diversified geographical presence, underscoring their extensive market reach and stability.
About the Role:
The Life Underwriting Manager is responsible for the development, performance, governance, and administration of life insurance provisions within the organization. This role ensures efficient service delivery and maximizes performance and value against pre-agreed targets. The position upholds the company's ethics and policies while managing the underwriting department's strategic and operational activities.
Skills
- Post Graduate Diploma (Bachelor Degree + 1 or 2 year diploma) or equivalent degree with 10 years of relevant experience, in which Minimum of 5 years in a management role.
- Bachelor’s degree in Actuarial Science, Pharmacy, Accounting, Business Administration, Finance, Insurance, or a related field (12th Standard + 3 years or 4 years degree) with 12 years of relevant experience.
- FLMI/LOMA/CII certification is required.
- Experience in Formulating strategic plans and budgets for the Life Underwriting Department.
- Ability to identify and implement best practices to align with industry trends and standards across the groups
- Experience in overseeing daily operations, improve procedures, and manage profitability and risk assessment.
- Strong leadership and team management skills
- Strong analytical, interpersonal, and organizational skills.
- Preferred Bilingual (English and Arabic - reading, writing, and speaking)