Underwriter

Instapolicy Insurance Broking Pvt. Ltd.

We are looking for a thorough General Insurance Underwriter for SME segment to determine potential clients’ risk factors and to establish the terms of coverage. The successful candidate must be able to set up rules which will result in securing an average proportion of good risks in order to keep average claims cost low and to enable the company to offer insurance at a lower net cost.

Responsibilities

· Review insurance applications for compliance and adherence

· Assess clients’ background information and financial status

· Liaise with specialists to gather information and opinions

· Weight loss exposures and determine underwriting alternatives

· Draw up a quotes for competitive insurance premiums

· Negotiate and define the specific terms of insurance policies with company or policyholders

· Keep detailed records of policies underwritten and decisions made

· Balance between mass and homogeneity of risks to achieve predictability of future results

· Develop and maintain a profitable book of business for the insurer

· Follow applicable insurance laws

Requirements

· Proven insurance underwriting experience

· Sensible judgement and attention to detail

· Confident decision making skills

· Excellent knowledge of insurance policies and ability to relate policy provisions to the loss exposures

· Proven numeracy and statistical skills

· Insurance diploma or certification (Broker Qualified)

· Graduation in Commerce, Finance or related field.

• Experience

  4 - 6 Years

• No. of Openings

  1

• Education

  Any Bachelor Degree

• Role

  Underwriter

• Industry Type

  Recruitment Consulting / Staffing Services

• Gender

  [ Male / Female ]

• Job Country

  India

• Type of Job

  Full Time

• Work Location Type

  Work from Office