Job Description

Mumbai

Full Time

:

Key Responsibilities:


Assess and analyze complex insurance applications to determine risk classification and premium rates Develop and maintain underwriting guidelines and manuals Communicate with stakeholders regarding application status, additional requirements, and final underwriting decisions Escalate and discuss complex cases with management and medical directors Participate in strategic discussions related to underwriting and offer valuable insights and suggestions on projects Ensure compliance with industry regulations, laws, and company policies Collaborate with agents, brokers, and other stakeholders to gather necessary information and negotiate policy terms Review insurance claims and terms to determine the amount to be paid out by the company Designate and prepare insurance premiums based on informed judgment and competitor pricing




Requirements:


Experience required minimum 2 - 3 years Knowledge of insurance industry standards, practices, and products Strong analytical and problem-solving skills Excellent communication and interpersonal skills Ability to work independently and make informed decisions Experience with underwriting software and databases Professional certification in underwriting preferred

Department:

Operations

Designation:

Senior Executive

Legal Entity:

Choice Insurance Broking India Private Limited

Cost Center:

IBR