Commercial Underwriter

Location:

Salary:-

Company Description:-

Accurate Risk managers and Insurance Brokers, located in Pune, is a leading Insurance Consulting and Risk Advisory company specializing in Risk Management, Risk Mitigation, and Insurance Placement. They provide end-to-end solutions under one roof and are among the top Employee Benefits Consultants in the Insurance Industry.

Job Title:

The Underwriter is responsible for evaluating and analyzing the risks involved in Commercial insurance proposals- Fire, Engineering, Marine, Liability. They ensure sound underwriting practices while working closely with insurers and clients to secure optimal coverage and terms.

Key Responsibilities:

1) Evaluate and assess insurance proposals as per IRDA underwriting guidelines and documentation for Commercial insurance proposals- Fire, Engineering, Marine, Liability .

2) Recommend suitable products, terms, and comparitive premiums to internal sales team/customers.

3) Coordinate with insurers for quote procurement, premium negotiations and policy issuance within TAT.

4) Ensure accuracy in documentation like proposal forms, declarations, and endorsements.

5) Coordinate with internal teams – sales, operations, and claims – for smooth service delivery.

6) Maintain accurate underwriting records and reports.

7) Maintaining claim documentation for fire, engineering , marine & liability.

Key Skills & Competencies:

1) Sound knowledge of underwriting practices across Commercial Lines products (including fire , engineering, marine & liability).

2) Excellent verbal & written communication skills.

3) Excellent MS Office skills like advanced Excel, PowerPoint presentations.

4) Familiarity with IRDAI regulations and insurance systems.

Qualifications:

1) Preferably engineering or any Graduate & Insurance certifications like Licentiate / Associate from III will be preferred.

2) 2–5 years of underwriting experience in General Insurance company or Insurrance Broking Company . 5 freshers also can apply

Salary:-

Freshers -15000 in training period and after confirmation salary will be as per company norms.

Experienced based on last salary and range is 25000-35000 based on skill set