Insurance Underwriter

1 - 5 years

0 Lacs

Posted:1 day ago| Platform: Shine logo

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Work Mode

On-site

Job Type

Full Time

Job Description

You will be responsible for evaluating insurance applications to determine the risk involved and establish appropriate premium rates for insurance policies. This role requires a keen understanding of underwriting principles and risk assessment methodologies, offering you an opportunity to contribute to the financial stability of our organization while ensuring fair and competitive insurance offerings to our clients. Your main responsibilities will include evaluating insurance applications, conducting in-depth risk assessments, communicating effectively with clients, and performing financial analysis to assess the risk of potential clients. You will need to stay up-to-date with insurance industry regulations, prepare detailed underwriting reports, collaborate with other departments, and make recommendations to improve underwriting policies and procedures. Additionally, you will participate in continuous improvement initiatives aimed at enhancing underwriting processes, efficiency, and accuracy. To excel in this role, you must have strong risk assessment and communication skills, expertise in financial analysis techniques, and thorough knowledge of various insurance policies and products. Proven decision-making abilities in high-stake situations, keen attention to detail, and demonstrated analytical thinking are essential. You should also have an understanding of regulatory compliance within the insurance industry. This is a full-time, permanent position with a preference for candidates with at least 1 year of work experience. The work location is in person and the schedule includes day shifts from Monday to Friday with weekend availability. Benefits include health insurance, life insurance, and paid sick time.,

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