Underwriter (Ref: 653) at Global Profilers

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