AM/DM/Manager - Underwriting(Non EB)

2 - 6 years

0 Lacs

Posted:5 days ago| Platform: Shine logo

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Work Mode

On-site

Job Type

Full Time

Job Description

As a Procurement Specialist in the insurance industry, your role will involve the following key responsibilities: - Procuring competitive terms from various Insurers to ensure the best coverage for clients. - Negotiating terms and coverage directly with Insurers on behalf of clients. - Creating comparative analysis of insurance quotes to assist clients in making informed decisions. - Providing expert advice to clients on selecting the right Insurer, terms, and ensuring prompt claims settlement. - Ensuring timely issuance of policies and processing endorsements within specified Turnaround Time (TAT). - Collaborating with the claims team by providing necessary data, reports, and documentation from clients. - Demonstrating in-depth knowledge of Property, Marine, Liability, and engineering insurance products to guide clients effectively. - Monitoring policy renewals on a monthly basis and preparing quotes based on portfolio performance. - Reviewing policy documents, endorsements, and ensuring accurate information before client delivery. - Addressing deviations in policy terms & conditions and facilitating necessary endorsements. - Overseeing the claims process TAT by timely reporting to insurers, coordinating with surveyors, and assisting clients with document preparation. Additionally, company-specific information such as salary details, location (Chennai/Hyderabad), and required experience (Minimum 2-5 Years) is provided in the job description.,

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