Surety Underwriter

Bajaj Allianz General Insurance

0 years

0 Lacs

kumardungi jharkhand india

Posted:1 week ago| Platform:

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Skills Required

analyze analysis accounting audits documentation underwriting marketing reports strategies support management development technology governance compliance

Work Mode

On-site

Job Type

Contractual

Job Description

Responsible for the review of new contract bonds for completion in accordance with Surety policies.
Analyze new account submissions for assigned accounts.
Approve bonds within the limit of authority for this position.
Oversee and manage the fiscal status of accounts. Perform analysis on annual accounting audits and internal financial statements. Review and be familiar with relevant credit information.
Maintain current documentation and credit information files in accordance with the BAGIC Procedure Manual for Contract Surety.
Visit bond accounts as requested by stakeholders and Underwriting Head.
Provide quarterly marketing updates and other reports as requested by various stakeholders
Maintain a strong knowledge of construction industry trends, market conditions, and current challenges and opportunities
Develop broker relationships and marketing strategies to further new business opportunities.
Actively participate in underwriting and sales meetings and support management in the identification and launch of new programs and initiatives
Assures development and implementation of policies, procedures, and standards to produce profitable underwriting results significantly contributing to process improvement and technology innovation
Addressing governance and regulatory compliance issues

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