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Insurance Policy Analyst

3 weeks ago


Thāne, Maharashtra, India beBeePolicy Full time ₹ 15,00,000 - ₹ 25,00,000

Job Title: Insurance Policy Analyst

Job Description:

The Insurance Policy Analyst plays a pivotal role in assessing and mitigating risk for businesses.

This critical position requires strong analytical skills to analyze risk factors, tailor policies, and coordinate with underwriters.

Key Responsibilities:

  • Assess business risk factors to determine policy coverage needs
  • Customize policies by adding or removing covers, riders, or endorsements
  • Coordinate with underwriters at various insurance companies to obtain quotes and underwriting decisions
  • Follow up on approvals, reinsurance support, and final underwriting clearance
  • Verify required documents from clients (KYC, proposal forms, declarations)
  • Stay updated on underwriting norms, product circulars, and compliance requirements
  • Explain underwriting requirements, terms, exclusions, and conditions to clients
  • Support the sales team with underwriting guidance and clarifications
  • Address client queries related to risk approvals or policy issuance delays

Requirements:

  1. Strong analytical skills with ability to assess risk
  2. Excellent communication skills to explain underwriting requirements
  3. Ability to stay updated on underwriting norms and compliance requirements
  4. Strong coordination skills to work with underwriters and sales teams