Commercial Insurance Underwriter

**Job Title: Commercial Insurance Underwriter**

**Key Responsibilities**:

- Assess risk factors associated with by evaluating financial statements, business operations, loss history reports, and credit information.
- Develop comprehensive underwriting files for approval or denial of risks based on established criteria.
- Collaborate with agents/brokers to gather necessary information required for accurate risk assessment.
- Utilize industry knowledge to provide insights on emerging trends that may impact risk assessments or policy pricing.
- Communicate clearly with internal teams regarding underwriting decisions while providing rationale based on data analyses.
- Monitor ongoing compliance requirements related to the underwritten policies engage in regular reviews of existing accounts as.
- Participate in training sessions or workshops to enhance knowledge about changes in regulations or products within the commercial insurance market.

**Qualifications**:

- Bachelor’s degree in Finance, Business, Risk Management or a related field preferred (though equivalent experience may be considered).
- Strong analytical skills with a keen attention to detail when reviewing financial documents.
- Proficient communication skills ( verbal & written) capable of articulating complex ideas clearly - Ability to work independently as well as collaboratively within a team environment.
- Familiarity with underwriting software tools and Microsoft Office Suite is preferred.

**Job Decription for commercial insurance underwriter responsible for closing deals with clients in the us. should have 1 year or more of prior experience.**
GPT-4o Mini**Job Title: Commercial Insurance Underwriter**

**Key Responsibilities**:

- Assess risks by examining financial statements, business operations, industry trends, loss history reports, and credit information.
- Prepare detailed underwriting documentation that supports coverage decisions while ensuring compliance with company guidelines.
- Develop tailored insurance proposals that meet the unique needs of clients while effectively communicating terms to agents/brokers.
- Collaborate closely with sales teams to strategize on closing deals while maintaining a customer-focused approach.
- Negotiate policy terms and pricing directly with clients or their representatives to secure profitable agreements for the company.
- Maintain ongoing relationships with clients post-underwriting to ensure satisfaction and address any concerns or modifications needed in policies.
- Stay current on market trends regulations affecting underwriting practices as well as emerging risks within various industries.

**Qualifications**:

- Bachelor’s degree in Finance, Business Administration, Risk Management or a related field preferred; equivalent experience may also be considered.
- A minimum of 1 year of experience in commercial underwriting or a related field is required.
- Proven track record of successfully closing deals within the insurance sector is strongly preferred.
- Strong analytical skills coupled with attention-to-detail when assessing risk factors.
- Excellent communication skills (both verbal & written) capable of articulating complex concepts clearly to diverse audiences.
- Ability to build rapport quickly while managing client expectations effectively during negotiations.
- Proficient in using underwriting software tools as well as Microsoft Office Suite; familiarity with CRM systems is a plus.

Pay: ₹25,000.00 - ₹40,000.00 per month

**Benefits**:

- Health insurance

Schedule:

- Fixed shift
- Night shift
- US shift

Supplemental Pay:

- Commission pay
- Performance bonus
- Quarterly bonus
- Shift allowance
- Yearly bonus

**Experience**:

- total work: 1 year (required)

Work Location: In person

**Speak with the employer**
+91 9828877773