Underwriter Insurance

Year    Mumbai, Maharashtra, India

Job Description


Job Overview :

Example Co. is one of the leading companies in our field in the area. We\'re proud of our 3.6 rating on Glassdoor from our employees. We are hiring a talented Underwriter professional to join our team. If you\'re excited to be part of a winning team, Example Co. is a great place to grow your career. You\'ll be glad you applied to Example Co.

Responsibilities for Underwriter

Review insurance proposals and seek to improve terms

Properly Assess and analyze client\'s background information

Participate in continuing education courses to remain knowledgeable and competitive in the industry

Use professional techniques and strategies to calculate the risk associated with client policies

Review insurance claims and terms to determine the amount to be paid out by the company

Designate and prepare insurance premiums based upon informed judgment and competitor pricing

Organize meetings with specialists to help determine risk assessment in unique circumstances

Layout and finalize insurance policies applying specific terms and conditions as agreed upon by the client

Qualifications for Underwriter

Degree in mathematics, statistics or related field

Strong math and analytical skills are essential to complete job requirements successfully

Professional listening and certification from intuitions such as Associate in Commercial Underwriting (AU) Chartered Life Underwriter certification (CLU) preferred

Experience working with private and sensitive personal information

Excellent negating skills and strategies

Ability to multitask and work toward multiple deadlines simultaneously

Interpersonal and customer service skills are required when meeting with and interviewing potential clients

Strong computer skills and ability to use necessary software

Confident in decision making and the ability to explain processes or choices as needed

Underwriter responsibilities and duties

The responsibilities and duties section is the most important part of the job description. Here you should outline the functions this position will perform on a regular basis, how the job functions within the organization and the title of the manager the person will report to.

Perform data evaluation on information retrieved from hard money loan applications

Consult with Loan Officers following meetings with potential clients

Investigate real estate properties in question and make assessment about investment ROI

Research project costs for remodeling and renovating properties listed on loan applications

Conduct risk assessments on potential clients based on previous borrowing history, credit rating, industry experience and other factors

Request additional information from Loan Officers when appropriate

Render application decisions based on consultations with supervisory underwriter and upper management

Prepare reports detailing risk assessment findings and other data that contribute to lending decisions

Underwriter qualifications and skills

Next, outline the required and preferred skills for your position. This may include education, previous job experience, certifications and technical skills. You may also include soft skills and personality traits that you expect from a successful candidate. While it may be tempting to include a long list of skills and requirements, including too many could dissuade qualified candidates from applying. Keep your list of qualifications concise, but provide enough detail with relevant keywords and terms.

Diploma required (College degree preferred)

Current underwriter certification

Excellent typing and 10-key skills

Superior organizational and time management skills

Experience with real estate transactions and evaluations

Knowledge of regulatory issues in both underwriting/finance and real estate

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Job Detail

  • Job Id
    JD3237379
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Mumbai, Maharashtra, India
  • Education
    Not mentioned
  • Experience
    Year