Underwriter

1 week ago

Thane, India Lords Mark Industries Pvt. Ltd. Full time

Opening For - Underwriter

Location - Thane

Experience - 2 to 5 Years

**Responsibilities**
- Assess clients’ background information and financial status
- Liaise with specialists to gather information and opinions
- Weight loss exposures and determine underwriting alternatives
- Draw up quotes for competitive insurance premiums
- Negotiate and define the specific terms of insurance policies with insurance companies and client.
- Keep detailed records of policies underwritten and decisions made
- Balance between mass and homogeneity of risks to achieve predictability of future results
- Develop and maintain a profitable book of business for the insurer
- Follow applicable insurance laws

**Requirements and skills**
- Proven insurance underwriting experience
- Hands-on experience with “smart systems”, analytical tools and statistical packages (spreadsheets, SPSS, databases etc.)
- Sensible judgement and attention to detail
- Confident decision making skills
- Excellent knowledge of insurance policies and ability to relate policy provisions to the loss exposures
- Minimum Graduate

**Salary**: ₹180,000.00 - ₹360,000.00 per year

**Benefits**:

- Health insurance
- Provident Fund

Schedule:

- Day shift

Supplemental pay types:

- Performance bonus

Ability to commute/relocate:

- Thane, Maharashtra: Reliably commute or planning to relocate before starting work (required)

**Experience**:

- Underwriting: 2 years (preferred)

Willingness to travel:

- 25% (preferred)
- Health insurance

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