Sr.Underwriter Reinsurance

Designation: AVP/Sr. Manager / Manager- General Insurance Underwriting & Claims having experience in (Property, Casualty, Energy, Power & Gas) Location: Gift City, Ahmedabad Qualifications: MBA, Insurance qualification is added advantage. Compensation: as per market standard Notice Period: Immediate/30 days Maximum Job Description: § Should have the knowledge of Underwriting risk cover by analyzing the risk profile of client, floating quote slips, negotiating the rate, terms & conditions with insurance companies and submitting the competitive quotes to client. § Experience in business procurement, and underwriting the risk. § Assisting the Marketing team in presentation and business meetings with corporate heads and key personnel of prospective clients / Govt. organization. § Policy servicing, renewal of expiring policies. § Design, implement, control and checking Underwriting, Claims of clients and MIS. § Claim intimation to insurer, facilitating surveyor deputation, spot survey and registration of claims, Documentation, Correspondence and follow up with insurers & surveyors for claims. § Work on new references and visiting the clients with marketing team to understand the requirements of the client and the material facts pertaining to their business. § The candidate should be energetic and presentable who have passion to take the company to the next level. § Minimum Experience should have 7+ years in same profile with leading Organization. Qualification & Skills: Analytical Skills: Underwriters must analyze complex information, including financial documents, market data, and personal details, to assess risk. Decision-Making Skills: Underwriters must make sound, unbiased decisions based on risk assessment. Problem-Solving Skills: They need to identify and resolve issues that may arise during the underwriting process. Communication Skills: Effective communication is essential for interacting with clients, brokers, and other stakeholders. Negotiation Skills: Underwriters may need to negotiate terms and conditions with insurers, reinsurers and clients. Attention to Detail: Careful review of documents and information is crucial to avoid overlooking crucial details that could impact risk assessment. Time Management: Underwriters need to manage their workload effectively and meet deadlines. Knowledge of Insurance Products and Processes: A solid understanding of various insurance products and the underwriting process is essential. Other Qualifications: Underwriting Certifications: Fellow, Associate from Insurance Institute of India and knowledge of underwriting principles. Experience: Prior experience in the insurance industry, especially in underwriting or related roles, will be preferred. Professionalism: Underwriters are expected to maintain ethical standards and act with integrity.