Commercial Underwriter

4 weeks ago

Mumbai, India Howden Full time

Position / Business Accountability:

  • Ensuring smooth function of policies to be serviced.
  • Floating RFQ to insurers & negotiate best premium from them to meet client’s expectations.
  • Preparing Due Diligence report wherever necessary.
  • Negotiation with insurers on premium quotes & Terms specially in big & medium sized proposals.
  • Ensure submission of QCR within TAT.
  • Update Compass regularly.
  • Preparing service presentation based on the coverage's shared by RM.
  • Generating weekly MIS about the pending claim and sending it to clients in the format defined.
  • Relationship with key line people in the insurance companies
  • Entertain (addition deletion & other) endorsement request received from client & sent to insurer for endorsement.
  • Maintain RFQ tracker.
  • Quality Control of Policy Documents of RFQs.
  • Quality check of policies issued & ensure for minimum errors.
  • Updating SAIBA on policy renewed, endorsement passed, and endorsement awaited in the respective month.
  • Replying to queries in the defined TAT i.e., within 24 hrs. form receipt of the query.


Core Capabilities (Knowledge, Skills, Additional Behaviors)

  • Strategic understanding of business.
  • Quantitative skills.
  • Ability to manage multiple tasks in a high-pressure environment.


Education & Experience:

  • Non-EB placement experience (preferably over 10 to 15 years) in Insurance Broking.
  • University degree (mandatory) with an appropriate insurance qualification preferred.
  • Should have a good network and relationship with the PSU’s and the private players.


Diversity & Inclusion

At HOWDEN INDIA we consider our people our chief competitive advantage and as such we treat colleagues, candidates, clients, and business partners with equality, fairness and respect, regardless of their age, disability, race, religion or belief, gender, sexual orientation, marital status or family circumstances.

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