Commercial Insurance Underwriter

Year    MH, IN, India

Job Description

JD for Non Eb Placements /Commercial Placements.

10 to 15 years of experience
About the job

Position / Business Accountability:

• Ensuring smooth function of policies to be serviced.
• Floating RFQ to insurers & negotiate best premium from them to meet client's expectations.
• Preparing Due Diligence report wherever necessary.
• Negotiation with insurers on premium quotes & Terms specially in big & medium sized proposals.
• Ensure submission of QCR within TAT.
• Update Compass regularly.
• Preparing service presentation based on the coverage's shared by RM.
• Generating weekly MIS about the pending claim and sending it to clients in the format defined.
• Relationship with key line people in the insurance companies
• Entertain (addition deletion & other) endorsement request received from client & sent to insurer for endorsement.
• Maintain RFQ tracker.
• Quality Control of Policy Documents of RFQs.
• Quality check of policies issued & ensure for minimum errors.
• Updating SAIBA on policy renewed, endorsement passed, and endorsement awaited in the respective month.
• Replying to queries in the defined TAT i.e., within 24 hrs. form receipt of the query.

Core Capabilities (Knowledge, Skills, Additional Behaviors)

• Strategic understanding of business.
• Quantitative skills.
• Ability to manage multiple tasks in a high-pressure environment.

Education & Experience:

• Non-EB placement experience (preferably over 10 to 15 years) in Insurance Broking.)

Job Types: Full-time, Permanent

Schedule:

• Day shift

Work Location: In person

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Job Detail

  • Job Id
    JD3471367
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Contract
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    MH, IN, India
  • Education
    Not mentioned
  • Experience
    Year