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Responsibilities:

The Underwriter is primarily responsible for managing routine day to day business of the department. Other responsibilities:

• Class of business to be handled; Property, Casualty, Liability, Engineering, Oil and Gas
• Provide underwriting support to sales team as required.
• As and when required, correspond directly with the client.
• Assess and understand the information gathered from the sales team /client in order to assess the risk to be insured.
• Prepare insurance broker’s slips and forward the same to various reinsurers to obtain terms.
• Evaluate and review the terms obtained from the reinsurers in order to ensure that it is as per our requirements.
• Prepare the quotations for submission to the clients.
• On receipt of firm order from the client, liaise with the insurer for placement & confirmation of cover.
• To ensure that policy/endorsements issued is as per the terms quoted to the client.
• Knowledgeable on claim handling
• To manage renewal of policies, sending advance renewal notice to clients, timely and correct issuance of renewed policies.
• To ensure that all management reports are prepared correctly and submitted timely.
• To ensure that all processes and procedures of the department are being followed properly.

Qualification and Experience:

• Bachelor’s degree [qualification in insurance is a plus]
• 3-5 years’ experience in insurance

Skills

• Possessing good team spirit, communication and interpersonal skills.
• Ability to multitask
• Ability to prioritize work on the basis of importance
• Ability to take independent decisions
• Good in drafting presentations/reports
• Willing to learn and improve

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Summary

The Account Executive will be responsible for promoting the company’s products, developing and closing sales, and maintaining relationship with clients. Other responsibilities:

• Identifying prospects through various sales channels
• Visiting potential clients and assessing corporate insurance requirements
• Designing adequate covers and providing appropriate consultations
• Preparing proposals and conducting presentations
• Generating and servicing new accounts
• Consistency in meeting / exceeding sales targets
• Managing portfolio renewals and establishing relationship with customers
• Following up for collection of payment
• Participating in sales meetings and appraisals
• Attending Job related trainings and events to maintain and develop knowledge

Qualification and Experience:
BA / BSc in Insurance, Marketing, Business or other related course.
At least 5 years experience in a similar role

Skills

• Ambitious with ability to work under pressure
• Motivated, enthusiastic and result focused
• Possess strong interpersonal and communication skills
• Continuously demonstrate problem solving / positive attitude
• Capable projecting the company’s image and culture with Integrity
• Willing to act and behave in line with the company’s code of conduct, ethics and values
• Should be trustworthy, confident and love to win
• General Insurance sales experience preferred.