Business Development Underwriter

1 week ago


Shimoga, Karnataka, India beBeeUnderwriter Full time ₹ 90,00,000 - ₹ 1,20,00,000
Business Development Underwriter Role

Job Overview:

  • Conduct thorough risk assessments of businesses to ensure informed underwriting decisions.

Key Responsibilities:

  • Diversify policies by incorporating various covers, riders, or endorsements to cater to client needs and preferences.
  • Negotiate with underwriters from multiple insurance companies to obtain quotes and underwriting approvals.
  • Ensure seamless policy issuance by following up on approvals, reinsurance support, and final underwriting clearance.
  • Verify all required documents from clients, including Know Your Customer (KYC) information, proposal forms, declarations, and other relevant data.
  • Stay updated on underwriting norms, product guidelines, and regulatory requirements to maintain expertise in the field.
  • Clearly explain underwriting requirements, terms, exclusions, and conditions to clients.
  • Support the sales team by providing underwriting guidance and clarifications to facilitate effective sales processes.
  • Address client queries related to risk approvals or policy issuance delays, ensuring prompt and professional resolution.

Required Skills and Qualifications:

  • Strong understanding of business risks and underwriting principles.
  • Excellent communication and negotiation skills.
  • Ability to work independently and as part of a team.
  • Proficiency in Microsoft Office and insurance software applications.

Benefits:

  • Competitive salary and bonus structure.
  • Ongoing training and development opportunities.
  • Collaborative and dynamic work environment.

Others:

  • Opportunities for career growth and advancement.
  • Recognition and rewards for outstanding performance.


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