Underwriter (Insurance) Domain
4 days ago
**Key Responsibilities**:
- **Risk Assessment**:
- Analyze financial statements, risk reports, and other relevant documents to determine the level of risk.
- **Policy Development**:
- Develop and implement underwriting guidelines, standards, and procedures.
- Ensure that policies align with regulatory requirements and company objectives.
- **Decision Making**:
- Make informed underwriting decisions on new and renewal business, ensuring a balanced approach between profitability and risk.
- **Client Interaction**:
- Liaise with clients, brokers, and agents to explain underwriting decisions and provide guidance on risk management strategies.
- Handle complex inquiries and resolve disputes related to underwriting decisions.
- **Team Leadership**:
- Mentor and guide junior underwriters, providing training and support to enhance their skills and knowledge.
- Lead a team of underwriters, ensuring that all team members adhere to best practices and company policies.
- **Market Analysis**:
- Stay updated on market trends, competitor activities, and industry developments.
- Use market intelligence to adapt underwriting strategies and maintain competitiveness.
- **Compliance**:
- Ensure compliance with local regulations, industry standards, and company policies.
- Conduct regular audits of underwriting practices to maintain the highest levels of accuracy and integrity.
- **Reporting**:
- Prepare detailed reports on underwriting activities, risk assessments, and financial performance.
- Present findings and recommendations to senior management.
**Qualifications**:
- **Education**: Bachelor’s degree in Business Administration, Finance, Insurance, or related field. A professional certification in underwriting (e.g., CII, CPCU) is preferred.
- **Experience**: Minimum of 10 years of experience in underwriting, with a strong background in risk assessment and policy development.
- **Skills**:
- In-depth knowledge of insurance products and services.
- Excellent analytical, decision-making, and communication skills.
- Strong leadership and team management abilities.
- Proficiency in underwriting software and tools.
**Job Types**: Full-time, Permanent
Schedule:
- Day shift
- Morning shift
**Experience**:
- total work: 1 year (preferred)
Work Location: In person
**Speak with the employer**
+91 7358346947
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