Insurance Underwriter

2 - 6 years

0 Lacs

Posted:1 month ago| Platform: Shine logo

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Work Mode

On-site

Job Type

Full Time

Job Description

As an Underwriter, your primary responsibility will involve reviewing insurance applications and supporting documents to assess risk exposure. You will be required to analyze statistical data, reports, and past claims to predict future losses accurately. Determining coverage amounts, premiums, and policy terms will also be a crucial part of your role. Utilizing underwriting software and tools, you will evaluate risks efficiently and generate quotes for clients. Effective communication skills are essential as you will need to convey decisions and clarify underwriting policies to brokers, agents, and customers. Collaboration with actuaries, claims adjusters, and sales teams to enhance risk assessment criteria is also expected. Ensuring compliance with company guidelines, state regulations, and industry standards is vital in this position. You will be responsible for maintaining precise records of underwriting decisions and policy specifics. It is imperative to stay informed about industry trends, regulatory modifications, and emerging risks to make well-informed decisions. To qualify for this role, you should possess a Bachelor's degree in Finance, Business, Economics, or a related field (CPCU or similar certification is preferred). A minimum of 2 years of experience in underwriting, insurance, or risk assessment is required. Strong analytical and mathematical abilities, proficiency in underwriting software and Microsoft Office Suite, excellent communication, negotiation, and decision-making skills are necessary. Attention to detail and the capability to manage multiple priorities are also crucial. This is a full-time position that requires on-site work. If you meet the qualifications and are interested in this opportunity, we encourage you to reach out to the employer at +91 9686971555. The application deadline for this position is 01/08/2025.,

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