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Executive Underwriter
3 weeks ago
Job Opening: Executive Underwriting (General & Business Insurance) for a Leading Insurance Firm
- Analyze risk factors associated with businesses to ensure optimal policy coverage.
- Customize insurance policies by adding/removing covers, riders, or endorsements to meet client needs.
- Collaborate with underwriters at various insurance companies to obtain quotes and underwriting decisions.
- Coordinate follow-up activities for approvals, reinsurance support, and final underwriting clearance.
- Verify all required documents from clients, including KYC, proposal forms, declarations, etc.
- Stay updated on underwriting guidelines, product circulars, and compliance requirements to provide expert guidance.
- Clearly explain underwriting requirements, terms, exclusions, and conditions to clients to ensure seamless communication.
- Provide underwriting support to the sales team by offering guidance and clarifications on complex issues.
- Address client queries related to risk approvals or policy issuance delays in a timely and professional manner.
Key Responsibilities:
- Risk analysis and management
- Policy customization and underwriting
- Collaboration with underwriters and stakeholders
- Document verification and coordination
- Compliance and underwriting guidelines