Commercial Insurance Underwriter

4 weeks ago


Mumbai, India Investacc Insurance Brokers Pvt. Ltd. Full time

**Job Summary**:
As an Insurance Underwriter at Investacc Insurance Brokers Pvt. Ltd., **your role is to assess and analyze insurance risks focused on property, Fire.** You will work closely with our clients, insurance carriers, and brokers to provide tailored insurance solutions that meet the unique needs and objectives of our clients. Your responsibilities will include risk evaluation, policy placement, policy servicing, negotiation, and maintaining client relationships.

**Key Responsibilities**:
**Client Consultation**: Collaborate with clients to understand their insurance needs, goals, and constraints. Provide professional advice on insurance options and coverage strategies.

**Market Research**: Stay updated on insurance market conditions, trends, and carrier offerings. Identify and recommend suitable insurance products and carriers to meet clients' needs.

**Policy Placement**: Work with insurance carriers to negotiate and secure insurance policies that align with clients' requirements. Ensure policies are issued accurately and in a timely manner.

**Premium Negotiation**: Negotiate premium rates, terms, and conditions with insurance carriers to obtain the best possible coverage at competitive prices for clients.

**Client Management**: Build and maintain strong client relationships. Provide ongoing support, including policy renewals, endorsements, and claims assistance.

**Claims Assistance**: Assist clients in the claims process by liaising with insurance carriers and claims adjusters to ensure prompt and fair claims settlements.

**Compliance**: Stay informed about insurance regulations and compliance requirements to ensure that client insurance programs adhere to legal standards.

**Record Keeping**: Maintain accurate and organized records of client interactions, policies, and other relevant documents.

**Qualifications and Requirements**:Bachelor's degree in insurance, business, finance, or a related field (preferred).

Strong knowledge of insurance principles, policies, and regulations.

Excellent analytical and problem-solving skills.

Effective communication and negotiation skills.

Attention to detail and strong organizational abilities.

Proficiency in insurance software and Microsoft Office Suite.

Ability to work independently and as part of a team.

Ethical and client-focused approach to underwriting.

**Salary**: ₹30,000.00 - ₹50,000.00 per month

**Benefits**:

- Health insurance

Schedule:

- Day shift

Ability to commute/relocate:

- Mumbai, Maharashtra: Reliably commute or planning to relocate before starting work (required)

**Experience**:

- total work: 2 years (preferred)
- Commercial Underwriting: 2 years (required)

**Speak with the employer**
+91 9619226681
Expected Start Date: 27/11/2023



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