Job Summary:
As an Insurance Underwriter at Investacc Insurance Brokers Pvt. Ltd., your role is to
assess and analyze insurance risks focused on General Insurance Products like
Property, Fire, Engineering, Marine, Workers Compensation etc. You will work
closely with our clients and insurance carriers to provide tailored insurance solutions
that meet the unique needs and objectives of our clients.
Your responsibilities will include risk evaluation, policy placement, policy servicing,
negotiation, and maintaining client relationships.
Key Responsibilities:
Risk Assessment: Evaluate insurance applications and associated documents to
assess the risk profile of clients. Analyze factors such as business operations,
financials, claims history, and industry trends to determine the level of risk.
Client Consultation: Collaborate with clients to understand their insurance needs,
goals, and constraints. Provide professional advice on insurance options and coverage
strategies.
Policy Placement: Work with insurance carriers to negotiate and secure insurance
policies that align with clients' requirements. Ensure policies are issued accurately and
in a timely manner.
Premium Negotiation: Negotiate premium rates, terms, and conditions with insurance
carriers to obtain the best possible coverage at competitive prices for clients.
Documentation: Prepare and review insurance documentation, including applications,
policy contracts, and endorsements, to ensure accuracy and compliance with client
needs and regulations.
Client Management: Build and maintain strong client relationships. Provide ongoing
support, including policy renewals, endorsements, and claims assistance.
Claims Assistance: Assist clients in the claims process by liaising with insurance
carriers and claims adjusters to ensure prompt and fair claims settlements.
Compliance: Stay informed about insurance regulations and compliance requirements
to ensure that client insurance programs adhere to legal standards.
Record Keeping: Maintain accurate and organized records of client interactions,
policies, and other relevant documents.
Job Type: Full-time
Experience:
• total work: 1 year (Preferred)
Work Location: In person
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