Credit Underwriter

1 week ago


Mumbai, India Serviam Manpower Full time

5 to 8LPA
- MBA
- 2 to 4 years
- Mumbai

**Key Deliverables**:

- Credit limit underwriting - may include domestic market and/or non-domestic including political risk markets.- Responsible for approving new cover/bond and assessing risk exposure of potential new cover/bond
- Applies underwriting principles and procedures where the company is considering underwriting new risk or modifying existing contracts/buyers
- Manages standard and/or non standard risk portfolio (e.g. in a structured finance environment)
- Applies analyst knowledge and principles to identify and manages portfolio exposure
- Responsible for setting underwriting strategy for each known buyer group/buyer/sector/country portfolio/class of risk/customer/holding
- Responsible for setting of standard and review limits/renew bonding lines and setting and maintaining risk scores/ratings on buyers within delegated authorities
- Responsible for compliance with internal procedures including recording of decisions for use by both internal and external customers
- Responsible for monitoring the development of the portfolio and modification of buyer underwriting risk management approach in the assessment of risks
- Ensures proactive action is taken to compensate for economic upturns or downturns on a market, industry or sector basis, in order to optimize the claims ratio

**Salary**: As per standards


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