Engineering Underwriting Manager

About Al Etihad Cooperative Insurance Co

Al Etihad Cooperative Insurance Company is a public joint-stock company operating in the Kingdom of Saudi Arabia. Established as an extension of United Insurance Company, founded in Bahrain in 1983, Al Etihad Cooperative Insurance Co was listed on the Saudi Stock Exchange (Tadawul) in 2008. The company is supervised and regulated by the Saudi Insurance Authority, holding licenses to operate across all insurance types, including general, medical, motor, and protection & savings insurance. Known for its experience and commitment to customer service, the company maintains a wide network of offices and regional outlets across the Kingdom.

Role Overview

Al Etihad Cooperative Insurance Co is seeking an Engineering Underwriting Manager to join its team in Al Khobar, Eastern Province. This full-time position requires an experienced professional to manage all aspects of engineering underwriting operations, ensuring compliance, supporting sales, and maintaining high service standards. The role involves overseeing quotations, policy issuance, renewals, and documentation for engineering insurance products.

Key Responsibilities

• Manage all aspects of Engineering Underwriting operations, including coordination with relevant stakeholders.
• Prepare, review, and approve quotations for all Engineering Insurance products.
• Manage the issuance of insurance policies and endorsements, verifying compliance documentation and ensuring proper archiving.
• Support the Sales Team in increasing Engineering Insurance sales by improving conversion rates and maintaining effective follow-up with sales channels, brokers, and agents.
• Manage the policy renewal process, ensuring timely follow-up with direct clients and brokers to maintain continuous coverage, while monitoring and improving renewal retention rates.
• Prepare monthly reports highlighting key Engineering Insurance performance indicators, including production, claims, achieved conversion rates, and renewal rates.
• Periodically review and update all Engineering Insurance documentation, including proposal forms, quotations, policy wordings, policy schedules, terms and conditions, and system-generated documents.
• Collaborate with the Claims and Collection Departments to resolve issues and ensure smooth operations.
• Ensure compliance with all regulatory requirements, company policies, applicable laws, and relevant regulations.
• Perform any additional duties assigned by the direct supervisor that fall within the scope of the position and support business objectives.

Qualifications and Experience

• A minimum of 5 to 10 years of relevant experience in engineering underwriting.
• Demonstrated ability to manage complex underwriting operations and stakeholder coordination.
• Strong understanding of insurance regulatory requirements and compliance.

Work Environment

This is a full-time position based in Al Khobar, Eastern Province, within a company recognized for its commitment to customer service and its extensive network across the Kingdom.