Underwriter

Year    Chennai, Tamil Nadu, India

Job Description


Candidate Must be Proficient in Digital Platform. Minimum 5 Years experience is Mandatory..!! Responsibilities:- \xef\x81\xb6 Supervise day-to-day operations for an underwriting unit by establishing priorities, assigning work, providing training and development, and helping staff with more complex work; \xef\x81\xb6 Help to establish streamlined quote process so work is handled in a timely and quality manner; \xef\x81\xb6 Ensure adherence to underwriting policies, procedures & standards; \xef\x81\xb6 Review risks exceeding underwriting authority limits and/or departures from established guidelines and take appropriate action; \xef\x81\xb6 Identify opportunities to improve system, policies and procedures and recommend changes; \xef\x81\xb6 Use the objective setting and performance evaluation process and ongoing case reviews to ensure employees understand expectations, receive regular feedback, and are appropriately rewarded; \xef\x81\xb6 Establish strong relationships with Regional Vice Presidents to support profitable new business; \xef\x81\xb6 Advise Mid-Market Underwriting Manager of important technical and managerial issues; \xef\x81\xb6 Based on staff needs, works closely with Underwriting Management and Training Manager in the development of training programs, tools, systems, processes and procedures; \xef\x81\xb6 Issues policies and endorsements with conformance to carrier rules and broker specifications; \xef\x81\xb6 Monitor risk exposure; \xef\x81\xb6 Proven Insurance experience and can pro-actively evidence both industry and market knowledge; \xef\x81\xb6 Have demonstrable knowledge of legal and regulatory issues that impact our industry; \xef\x81\xb6 A good understanding of claims; \xef\x81\xb6 Evaluates new & renewal business in accordance with established underwriting guidelines in order to achieve goals of profit, rate and growth; \xef\x81\xb6 Manages preparation of program renewal specifications and distribution to markets; \xef\x81\xb6 Participates in all appropriate committees as recognized in managed programs; \xef\x81\xb6 Works with program\xe2\x80\x99s insurance/reinsurance markets to formalize and implement annual business plan; \xef\x81\xb6 Manages renewal expiration lists & creates timelines for renewals; \xef\x81\xb6 Maintains files, historical data & client suspense; \xef\x81\xb6 Evaluate, conduct and document referrals from underwriters on accounts or coverage with higher hazards, highest complexity, higher limits, or larger premium for the property line of business; \xef\x81\xb6 Support the tender process, including preparing specifications, responding to the market\xe2\x80\x99s queries, summarizing and comparing all quotes received; \xef\x81\xb6 Reviews applications for insurance to evaluate degree of risk involved and determine whether to accept applications following established company policies; \xef\x81\xb6 Review risks exceeding underwriting authority limits and/or departures from established guidelines and take appropriate action; \xef\x81\xb6 Adhere to company quality and underwriting standards. \xef\x81\xb6 Comply with the Financial Regulator\xe2\x80\x99s Minimum Competency Code. Required Traits:- \xef\x81\xb6 Ability to analyse a situation & quickly identify facts, data & important information; \xef\x81\xb6 Must Ensure that the Company\xe2\x80\x99s interests are Protected; \xef\x81\xb6 Should Analyse Carefully applicant\'s financial history and other relevant factors to assess the risk involved; \xef\x81\xb6 Must be Strong in Loans, Securities & Insurance; \xef\x81\xb6 Customer Service; \xef\x81\xb6 Investor Guidelines; \xef\x81\xb6 Mortgage loans; \xef\x81\xb6 Initiative; \xef\x81\xb6 Details Oriented; \xef\x81\xb6 Interpersonal Skills; \xef\x81\xb6 Ethics; \xef\x81\xb6 Collaborative; \xef\x81\xb6 Goal Oriented; \xef\x81\xb6 Good Verbal & Written Communication Skills; \xef\x81\xb6 High Pressure Negotiations; \xef\x81\xb6 Demonstrated knowledge of Industry and marketplace trends; \xef\x81\xb6 Sound knowledge encompassing the underwriting risk evaluation of Life, Health and Disability insurance products; \xef\x81\xb6 Demonstrated ability to provide decisions in an empathetic manner; \xef\x81\xb6 Understands the principles of Motor Underwriting, work routines and procedures within a professional environment; \xef\x81\xb6 Consistently demonstrate high customer service standards by ensuring a high level of engagement Meeting & exceeding customers\' expectations, whilst acting with integrity; \xef\x81\xb6 Proactively anticipating Broker issues and taking appropriate action; \xef\x81\xb6 Orders necessary reports or documents that are critical to the underwriting process such as credit, location, motor vehicle, and/or inspection reports, building cost estimates; \xef\x81\xb6 Proven ability to work well with external direct or broker customers; \xef\x81\xb6 Monitor risk exposure; \xef\x81\xb6 Participates in all appropriate committees as recognized in managed programs; \xef\x81\xb6 Manages renewal expiration lists and creates timelines for renewals Job Type: Full-time Salary: \xe2\x82\xb925,000.00 - \xe2\x82\xb935,000.00 per month Schedule:

  • Day shift
Ability to commute/relocate:
  • Chennai, Tamil Nadu: Reliably commute or planning to relocate before starting work (Required)
Experience:
  • Digital Platforms: 5 years (Preferred)
  • Sales Manager in Commercial Rentals: 7 years (Preferred)
Work Location: In person Speak with the employer
+91 9884426799

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Job Detail

  • Job Id
    JD3151511
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Chennai, Tamil Nadu, India
  • Education
    Not mentioned
  • Experience
    Year