Underwriting Specialist

14 hours ago


Gurgaon, Haryana, India Policybazaar Full time ₹ 12,00,000 - ₹ 18,00,000 per year

Job position: Senior Team Leader/ Assistant Manager level

Job Location: Gurgaon and open to travel in Delhi NCR and within India.

Role Purpose: Identifying & Understanding Risk, Preparing RFQ and Comparative, negotiating with Insurers pricing, insurer benefit designing for corporate clients for EB products, Sales support

Job description:

  1. Preparation of RFQ and proposals of EB products. i.e. GPA, GMC and procuring the competitive quotes from respective insurers.
  2. Deep analysis of claims MIS and terms and conditions to Evaluate and present the risk to insurance companies
  3. Pricing negotiation with insurers and understand the cost saving discounting factors
  4. Preparation of QCR and placement slips and quotes presentations
  5. Working with client facing colleagues to understand client's requirements and provide end to end solution for placing the business with the insurers i.e. generating quotes, preparing a comparative statement, follow up and policy vetting.
  6. Identifying risk exposures of the client, understanding the insurance requirements and providing them with insurance solutions.
  7. Timely meeting with insurers/clients stakeholders and making good relationship with them
  8. Good hold on PSU insurers and deep understanding of their working i.e. PSU calculators, PSU HO/RO/DO formats

Desired Candidate Profile:

  1. Average 5 years stable experience in the Insurance industry to manage insurer relationship and EB placement or Client servicing in broker or TPA
  2. Minimum Graduate or MBA in insurance will be plus.
  3. Goal oriented with positive attitude, sincere, hard- working and ambitious.
  4. Highly effective verbal and written communication with clarity of thought and expression.
  5. Person should be good in MS excel and MS office.
  6. Person should be good in analytics
  7. Very good hold on PSU, DO, RO, offices


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