SME underwriter
- Delhi
- Permanent
- Full-time
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