Motor Underwriter

**Key Responsibilities**:

- **Risk Assessment and Premium Calculation**:

- Gather and assess information on vehicle make and model, age, insured declared value (IDV), driving history, geographic location, and coverage options.
- Access insurance portals to gather premium quotes from various insurers and compare underwriting guidelines.
- **Customer Engagement and Negotiation**:

- Engage with customers to understand their insurance needs, preferences, and budget constraints.
- Present a range of insurance options based on calculated premiums and coverage benefits.
- Negotiate potential discounts, add-ons, or adjustments to tailor policies to meet customer requirements while ensuring profitability.
- **Renewal Management**:

- Set up automated reminders for upcoming policy renewals to prevent lapses in coverage.
- Communicate with customers well in advance of renewal dates to discuss their options and any changes that may affect their premiums.
- **Quote Delivery and Turnaround Time (TAT) Management**:

- Establish and maintain a streamlined internal process for timely quote generation.
- Monitor turnaround times for quotes and ensure they are delivered within agreed-upon timeframes, adhering to industry standards.
- **Performance Monitoring and Reporting**:

- Collect and analyze data related to quotes generated, premiums calculated, negotiations conducted, and renewals processed.
- Prepare regular reports, including monthly performance summaries, quote conversion rates, and customer feedback, to identify trends and areas for improvement.
- Present findings in a clear and concise format using visuals to communicate insights to stakeholders.

**Qualifications**:

- Bachelor’s degree in Finance, Business Administration, Insurance, or a related field.
- Proven experience in motor underwriting or a similar role within the insurance industry.
- Strong analytical skills with a keen attention to detail.
- Excellent communication and interpersonal skills for effective customer engagement.
- Proficient in using insurance software and Microsoft Office Suite.
- Ability to work independently and as part of a team in a fast-paced environment.
- Knowledge of motor insurance products, underwriting guidelines, and regulatory requirements.

**What We Offer**:

- Competitive salary and benefits package.
- Opportunities for professional development and career advancement.
- A collaborative and supportive work environment

**Job Types**: Full-time, Permanent

Pay: ₹10,000.00 - ₹15,000.00 per month

**Benefits**:

- Cell phone reimbursement
- Paid sick time
- Provident Fund

Schedule:

- Day shift
- Morning shift

**Experience**:

- General insurance: 2 years (required)

Work Location: In person