
Insurance Risk Analyst
2 days ago
Executive Underwriting Role
Job Title: Insurance Risk Analyst
- Examine business risk factors and provide customized policy solutions.
- Coordinate with underwriters to obtain quotes and make informed decisions.
- Ensure timely approvals, reinsurance support, and final clearance for policy issuance.
- Verify all client documents (KYC, proposal forms, declarations) and stay updated on industry norms.
- Communicate complex underwriting requirements and conditions to clients.
- Provide underwriting guidance to the sales team and address client queries related to risk approvals or policy delays.
Key Responsibilities:
- Analyze risk profiles associated with businesses and develop targeted policies.
- Work closely with underwriters at various insurance companies to secure quotes and drive decision-making.
- Manage the approval process for policy issuance, including reinsurance support as needed.
- Maintain accurate records of client documents and ensure compliance with industry regulations.
- Stay up-to-date on industry developments, product circulars, and relevant standards.
- Deliver clear explanations of underwriting terms, exclusions, and conditions to clients.
Requirements:
- Strong analytical skills with ability to assess risk profiles.
- Excellent communication skills to explain complex concepts to clients.
- Ability to work collaboratively with underwriters and the sales team.
- Familiarity with industry regulations and compliance requirements.
- Attention to detail to maintain accurate records and meet deadlines.
Benefits:
- Competitive salary and benefits package.
- Opportunities for professional growth and development.
- Collaborative and dynamic work environment.
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