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Underwriting Specialist

Underwriting Specialist

Accenture

7 - 11 years

5 - 9 Lacs

gurugram

Posted:1 day ago| Platform:

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Skills Required

insurance underwriting quality control policy drafting

Work Mode

Work from Office

Job Type

Full Time

Job Description

About The Role
Skill required: Property & Casualty- Underwriting - Underwriting
Designation: Underwriting Specialist
Qualifications:Any Graduation
Years of Experience:7 to 11 years
What would you do?

2 to 5 years of experience in P&C core underwriting or underwriting support processes

E2E knowledge of services offered under spectrum of Pre and Post underwriting

Hands on experience of managing the one of the following tasks from the earlier experience from Insurance Underwriting Cycle – Quote Preparation, Binder, Loss run, Policy Drafting, Rating, Pricing, Policy Booking, Issuance, Premium Coding, mid-term endorsement, Renewal and cancellation

In this role one is required to do analysis and solving of high-complexity problemsDefine Insurance policy and calucating premium including terms and condition for PropertyA process by which investment bankers raise investment capital from investors on behalf of corporations and governments that are issuing either equity or debt securities. Underwriting services are provided by some large specialist financial institutions, such as banks, insurance or investment houses, whereby they guarantee payment in case of damage or financial loss and accept the financial risk for liability arising from such guarantee.
What are we looking for?

This role works with the underwriters to ensure that underwriting is conducted within the standards and timeframes, including policy booking and ensure policy issuance information is accurate and complete, conducting quality control checks to ensure adherence to division-specific guidelines and procedures. The role works under moderate supervision and would be performed in areas of greater size.

Partner with regional underwriters and/or more senior UW Support employees in the end-to-end processing of Rating and Pricing. Evaluates new and renewal submissions against prescribed criteria to determine completeness; documents outstanding items and include them in communication to an underwriter for review.

Assists in the follow-up and securing of outstanding items from the broker.
Roles and Responsibilities:

In this role you are required to do analysis and solving of moderately complex problems

May create new solutions, leveraging and, where needed, adapting existing methods and procedures

The person would require understanding of the strategic direction set by senior management as it relates to team goals

Primary upward interaction is with direct supervisor

May interact with peers and/or management levels at a client and/or within Accenture

Guidance would be provided when determining methods and procedures on new assignments

Decisions made by you will often impact the team in which they reside

Individual would manage small teams and/or work efforts (if in an individual contributor role) at a client or within Accenture

Please note that this role may require you to work in rotational shifts
Qualification Any Graduation

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Underwriting Specialist