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Underwriting Supervisor; ReTakaful

Job in Riyadh, Riyadh Region, Saudi Arabia
Listing for: Leading Edge
Full Time position
Listed on 2026-01-01
Job specializations:
  • Insurance
    Risk Manager/Analyst
  • Management
    Risk Manager/Analyst, CFO
Salary/Wage Range or Industry Benchmark: 150000 - 200000 SAR Yearly SAR 150000.00 200000.00 YEAR
Job Description & How to Apply Below
Position: Underwriting Supervisor (ReTakaful / Life)

Job Title :
Underwriting Supervisor (ReTakaful / Life)

Industry :
Insurance

Location : GCC (Willing to relocate)

Job Summary

Our client is seeking an experienced Underwriting Supervisor to oversee life insurance underwriting and reinsurance activities for Individual Credit Life and Banca products.

Key Responsibilities
  • Underwriting Leadership & Supervision :
    Oversee underwriting for Individual Credit Life and Banca products, ensuring sound risk assessment and decision-making.
  • Reinsurance Management :
    Manage reinsurance activities, including partner coordination and treaty administration.
  • MIS, Analytics & Loss Ratio Optimization :
    Maintain and analyze management information systems (MIS) to optimize loss ratios and improve business performance.
  • Policy & Procedure Development :
    Develop and implement underwriting policies and procedures to ensure compliance and efficiency.
  • Quality Assurance & Compliance :
    Ensure quality assurance and compliance with regulatory requirements and internal policies.
Requirements
  • Education :
    Bachelor's degree in Business, Finance, or a related field.
  • Experience : 4+ years of experience in a life insurance supervisory role, with expertise in underwriting, risk assessment, and life insurance products.
  • Excellent communication and relationship-building skills.
  • Experience in reinsurance operations and partner coordination.
  • Skilled in MIS, analytics, and monitoring loss ratios.
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