Commercial Insurance Underwriter
1 month ago
**JD for Non Eb Placements /Commercial Placements.**
**10 to 15 years of experience**
About the job
**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.)
**Job Types**: Full-time, Permanent
Schedule:
- Day shift
Work Location: In person
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