Underwriter

Minimum 5 Years experience is Mandatory..

**Responsibilities:

- **

 Supervise day-to-day operations for an underwriting unit by establishing priorities, assigning work, providing training and development, and helping staff with more complex work;
 Help to establish streamlined quote process so work is handled in a timely and quality manner;
 Ensure adherence to underwriting policies, procedures & standards;
 Review risks exceeding underwriting authority limits and/or departures from established guidelines and take appropriate action;
 Identify opportunities to improve system, policies and procedures and recommend changes;
 Use the objective setting and performance evaluation process and ongoing case reviews to ensure employees understand expectations, receive regular feedback, and are appropriately rewarded;
 Establish strong relationships with Regional Vice Presidents to support profitable new business;
 Advise Mid-Market Underwriting Manager of important technical and managerial issues;
 Based on staff needs, works closely with Underwriting Management and Training Manager in the development of training programs, tools, systems, processes and procedures;
 Issues policies and endorsements with conformance to carrier rules and broker specifications;  Monitor risk exposure;
 Proven Insurance experience and can pro-actively evidence both industry and market knowledge;
 Have demonstrable knowledge of legal and regulatory issues that impact our industry;
 A good understanding of claims;
 Evaluates new & renewal business in accordance with established underwriting guidelines in order to achieve goals of profit, rate and growth;
 Manages preparation of program renewal specifications and distribution to markets;
 Participates in all appropriate committees as recognized in managed programs;
 Works with program’s insurance/reinsurance markets to formalize and implement annual business plan;
 Manages renewal expiration lists & creates timelines for renewals;
 Maintains files, historical data & client suspense;
 Evaluate, conduct and document referrals from underwriters on accounts or coverage with higher hazards, highest complexity, higher limits, or larger premium for the property line of business;
 Support the tender process, including preparing specifications, responding to the market’s queries, summarizing and comparing all quotes received;
 Review risks exceeding underwriting authority limits and/or departures from established guidelines and take appropriate action;
 Adhere to company quality and underwriting standards.

 Comply with the Financial Regulator’s Minimum Competency Code.

**Required Traits:

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 Ability to analyse a situation & quickly identify facts, data & important information;
 Must Ensure that the Company’s interests are Protected;
 Should Analyse Carefully applicant's financial history and other relevant factors to assess the risk involved;
 Must be Strong in Loans, Securities & Insurance;
 Customer Service;
 Investor Guidelines;
 Mortgage loans;
 Initiative;
 Details Oriented;
 Interpersonal Skills;
 Ethics;
 Collaborative;
 Goal Oriented;
 Good Verbal & Written Communication Skills;
 High Pressure Negotiations;
 Demonstrated knowledge of Industry and marketplace trends;
 Sound knowledge encompassing the underwriting risk evaluation of Life, Health and Disability insurance products;
 Demonstrated ability to provide decisions in an empathetic manner;
 Understands the principles of Motor Underwriting, work routines and procedures within a professional environment;
 Consistently demonstrate high customer service standards by ensuring a high level of engagement Meeting & exceeding customers' expectations, whilst acting with integrity;
 Proactively anticipating Broker issues and taking appropriate action;
 Orders necessary reports or documents that are critical to the underwriting process such as credit, location, motor vehicle, and/or inspection reports, building cost estimates;
 Proven ability to work well with external direct or broker customers;
 Monitor risk exposure;
 Participates in all appropriate committees as recognized in managed programs;
 Manages renewal expiration lists and creates timelines for renewals

**Salary**: ₹25,000.00 - ₹35,000.00 per month

Schedule:

- Day shift

Ability to commute/relocate:

- Chennai, Tamil Nadu: Reliably commute or planning to relocate before starting work (required)

**Experience**:

- Digital Platforms: 5 years (preferred)
- Sales Manager in Commercial Rentals: 7 years (preferred)

Work Location: In person

**Speak with the employer**
+91 9884426799