Property Insurance Underwriter

Year    MH, IN, India

Job Description

Commercial Underwriters - Property

Key Responsibilities:

- 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.

- 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 5 to 8 years) in Insurance Broking.

- University degree (mandatory) with an appropriate insurance qualification preferred.

- Should have a good network and relationship with the PSU's and the private players

Job Types: Full-time, Permanent

Pay: ?600,000.00 - ?900,000.00 per year

Benefits:

• Health insurance

Schedule:

• Day shift

Experience:

• total work: 3 years (Preferred)

Work Location: In person

Speak with the employer
+91 9619226681
Expected Start Date: 02/09/2024

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Job Detail

  • Job Id
    JD3379203
  • 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