Energy Underwriter

Job Title: Energy 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 Energy Underwriter will be responsible for supporting the implementation of Kuwait Res underwriting strategy in the Energy line of business. This role plays a critical part in evaluating energy reinsurance opportunities, maintaining key broker and cedent relationships, and contributing to the companys growth in the GCC and international reinsurance markets.

Key Responsibilities

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Support the execution of Kuwait Res underwriting strategies and objectives under the supervision of the Head of Underwriting.

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Evaluate reinsurance proposals and conduct risk assessments for energy accounts (upstream and downstream).

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Determine appropriate pricing and premiums in alignment with Kuwait Res pricing policies.

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Draft and review reinsurance policy terms and documentation.

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Conduct background investigations and analyze claims exposure for energy risks.

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Maintain and develop strong relationships with brokers and cedents; act as a reliable point of contact.

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Collect, record, and analyze client and transaction data; ensure shared access across internal departments.

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Contribute to business development by identifying new energy products or business opportunities.

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Coordinate with the Accounts department for Fac Retro closings and financial reconciliations.

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Produce weekly and monthly underwriting and performance reports.

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Support any additional underwriting tasks or responsibilities as directed by the department head.

Candidate Profile

Experience & Technical Skills

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Minimum 5 years of experience in energy underwriting or facultative reinsurance (open to Assistant Underwriter profiles with strong growth potential).

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Solid background in pricing, claims evaluation, and risk analysis for upstream/downstream energy insurance.

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Experience in drafting policies and managing energy portfolios independently is preferred.

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Proficiency in producing underwriting performance and risk reports.

Soft Skills & Attributes

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Strong analytical and decision-making skills.

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Ability to work independently and collaboratively within a team.

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Excellent interpersonal and relationship-building capabilities with clients and brokers.

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Demonstrates loyalty, cultural adaptability, and a long-term commitment to the company.

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Professional fluency in English; familiarity with regional (Indian/Kuwaiti) business culture is an advantage.