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Open nowFirst seen 6 days ago

Senior Marine Underwriter

MINDFREE Consulting | Insurance Talent Hub143 open roles

Where
Kuwait City, Kuwait
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Your applicationOpen nowSenior Marine UnderwriterMINDFREE Consulting | Insurance Talent Hub · Kuwait City, Kuwait

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The clock on this job

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12.3% of postings close within 7 days. Measured by our own scanner across the market.

Share of postings closed within
  1. 2.1%1 day
  2. 4.5%3 days
  3. 12.3%7 days
  4. 19.7%14 days
  5. 35.6%30 days
  6. 58.0%60 days
This job: first seen 6 days ago

The posting

Job Title: Marine Underwriter

Location: Kuwait (Relocation required one-month hotel accommodation provided) Remote Option: May be considered for strong GCC-based candidates (2nd priority) Reporting to: Head of Facultative Underwriting (FAC) Team: Facultative Underwriting Team

Role Purpose

The Marine Underwriter will be responsible for supporting the implementation of Kuwait Res underwriting strategy in the Marine line of business. This role plays a critical part in evaluating Marine reinsurance opportunities, maintaining key broker and cedent relationships, and contributing to the company's growth in the GCC and international reinsurance markets.

Key Responsibilities

  • Support the execution of Kuwait Res underwriting strategies and objectives under the supervision of the Head of Underwriting.
  • Evaluate reinsurance proposals and conduct risk assessments for marine accounts (upstream and downstream).
  • Determine appropriate pricing and premiums in alignment with Kuwait Res pricing policies.
  • Draft and review reinsurance policy terms and documentation.
  • Conduct background investigations and analyze claims exposure for marine risks.
  • Maintain and develop strong relationships with brokers and cedents; act as a reliable point of contact.
  • Collect, record, and analyze client and transaction data; ensure shared access across internal departments.
  • Contribute to business development by identifying new Marine products or business opportunities.
  • Coordinate with the Accounts department for Fac Retro closings and financial reconciliations.
  • Produce weekly and monthly underwriting and performance reports.
  • Support any additional underwriting tasks or responsibilities as directed by the department head.

Candidate Profile

Experience & Technical Skills:

  • Minimum 5 years of experience in Marine underwriting or facultative reinsurance (open to Assistant Underwriter profiles with strong growth potential).
  • Solid background in pricing, claims evaluation, and risk analysis for upstream/downstream energy insurance.
  • Experience in drafting policies and managing Marine portfolios independently is preferred.
  • Proficiency in producing underwriting performance and risk reports.

Soft Skills & Attributes:

  • Strong analytical and decision-making skills.
  • Ability to work independently and collaboratively within a team.
  • Excellent interpersonal and relationship-building capabilities with clients and brokers.
  • Demonstrates loyalty, cultural adaptability, and a long-term commitment to the company.
  • Professional fluency in English; familiarity with regional (Indian/Kuwaiti) business culture is an advantage.
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