Underwriting Commercial Lines

Location:

Salary:

Company Description

Accurate Risk Managers and Insurance Brokers is a premier Insurance Consulting and Risk Advisory firm, widely recognized as one of the leading Employee Benefits Consultants within the insurance sector. We specialize in delivering comprehensive solutions across the domains of Risk Management, Risk Mitigation, and Insurance Placement. With a deep understanding of industry dynamics and a commitment to excellence, we offer end-to-end, integrated services that span the entire insurance lifecycle. Our holistic approach ensures that clients receive customized risk solutions along with value-driven insights to enhance operational resilience and support long-term business objectives.

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 .

3) freshers also can apply

Salary:

1) freshers -15000 in training period and after confirmation salary will be 25000.

2) experienced based on last salary and range is 25000-35000 based on skill set.