Underwriting · Dubai, UAE
Treaty Underwriter
We are looking for a Treaty Underwriter to assess and price proportional and non-proportional treaty business across Property, Casualty, Engineering, Marine, and Bonds/Surety. The role sits within the underwriting team and works closely with claims, retrocession, and accounting to maintain disciplined risk selection across the portfolio.
UnderwritingDubai, UAEFull-time
Responsibilities
- Review and evaluate treaty submissions across Property, Casualty, Engineering, Marine, and Bonds/Surety lines
- Analyse exposure data, historical loss experience, and proposed treaty structures to assess risk quality
- Price proportional and non-proportional treaties in line with underwriting appetite and guidelines
- Prepare quotes, terms, and slips for cedants and brokers, and negotiate terms and conditions
- Monitor accumulation, aggregation, and portfolio concentration across bound treaties
- Coordinate with claims, retrocession, legal, and accounting teams on wording, obligations, and reporting
- Maintain accurate underwriting files, records, and renewal documentation
- Track market conditions, competitor activity, and industry trends to inform underwriting decisions
Requirements
- 3–6 years of treaty underwriting experience in reinsurance or insurance
- Strong understanding of proportional and non-proportional treaty structures
- Experience underwriting one or more of Property, Casualty, Engineering, Marine, or Bonds/Surety classes
- Bachelor's degree in Insurance, Actuarial Science, Finance, or a related field
- Strong analytical and quantitative skills, including pricing and exposure modelling
- Excellent negotiation and communication skills for dealing with cedants and brokers
- Proficiency in Microsoft Excel and underwriting/pricing software
- Professional qualification (e.g. ACII, CPCU) is an advantage
Apply now
Apply for Treaty Underwriter
Submit your application with a cover letter and CV. We review all applications and will get back to you.