SME underwriter

1 day ago

Noida, Uttar Pradesh, India RECEX Full time ₹ 8,00,000 - ₹ 12,00,000 per year


Job Description:

Role Description
This is a full-time on-site role for an Underwriting & Placement (EB & Non-EB) position at
 in New Delhi. As part of the role, you will be
responsible for day-to-day underwriting activities, evaluating risks, and placing insurance
policies. You will work closely with stakeholders to ensure accurate assessments and
adherence to policies and procedures.
Job Description
 Suggesting the client proper covers/policies to cover the Risk Gaps, preparation of
Quote/Broking slip.
 Access risk factor to determine coverage, eligibility, premium pricing & Policy terms
 Use underwriting guideline, rating manuals & industry standard to make informed
decisions.
 Negotiate with various Insurer on discounts as well as competitive terms as per
insured trade
 Making Placement Slips and float in Market for arranging competitive quotes from
various insurer for all line of business i.e., Property, Marine, Engineering., Employee
Benefit Etc.
 Handle PRE (working on RAW DATA) & POST - Placement Servicing for allotted client
 Quality check after policy placement (After placement of policy with insurer for cross
check all the terms and conditions as per the approved RFQ)
 Analysis of Risk Gaps if any under current insurance program & preparation of
Portfolio Review report.
 Prepare reports of all Placements & RFQ
Requirements and skills
 Strong analytical and critical thinking skills
 Communication and interpersonal abilities
 Attention to detail and a high level of accuracy
 Knowledge of insurance principles, underwriting guidelines, and risk assessment
 Experience with an insurance broking company is added advantage
 Bachelor's degree in Finance, Business, or related field
 3 + years of work experience with insurance underwriting


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