About the job 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.