Underwriter - Insurance

3 days ago


Pune Maharashtra, India Cogneesol Full time

**Insurance Underwriter**

**Job Overview**:
**Responsibilities and Duties**:
**Policy Pricing** | Determine appropriate premium rates based on the risk assessment and underwriting guidelines and market conditions.

**Communication** | Collaborate with insurance brokers to gather additional information, clarify details, and request additional information. Provide clear and concise explanations of underwriting decisions, coverage terms and premium calculations to relevant parties.

**Risk Mitigation** | Identify potential risks and recommend risk mitigation strategies to minimise losses. Advise on risk control measures or suggest alternative coverage options when necessary.

**Documentation and Review** | Ensure accurate and complete documentation of all underwriting decisions including the rationale behind each decision. Maintain organised records of policy details, risk assessments and other relevant information.

**Market Analysis** | Stay updated about industry trends, market conditions and changes to underwriting standards. Monitor emerging risks, regulatory updates, and competitive landscape to adapt underwriting strategies accordingly.

**Relationship Management** | Build and maintain positive relationships with brokers and other stakeholders. Provide exceptional customer service by addressing inquiries, concerns or disputes related to underwriting decisions.



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