SME Underwriting

SME Underwriting

2 Nos.
112548
Full Time
3.0 Year(s) To 6.0 Year(s)
5.00 LPA TO 6.00 LPA
Banking/Financial Services
BBA / BMS - Account/Finance
Job Description:

Job Description

 Suggesting the client proper covers/policies to cover the Risk Gaps, preparation of Quote/Broking slip.  Access risk factor to determine coverage, eligibility, premium pricing & Policy terms

 Use underwriting guideline, rating manuals & industry standard to make informed decisions.

 Negotiate with various Insurer on discounts as well as competitive terms as per insured trade

 Making Placement Slips and float in Market for arranging competitive quotes from various insurer for all line of business i.e., Property, Marine, Engineering., Employee Benefit Etc.

 Handle PRE (working on RAW DATA) & POST - Placement Servicing for allotted client

 Quality check after policy placement (After placement of policy with insurer for cross check all the terms and conditions as per the approved RFQ)

 Analysis of Risk Gaps if any under current insurance program & preparation of Portfolio Review report.

 Prepare reports of all Placements & RFQ

 

Requirements and skills

 Strong analytical and critical thinking skills

 Communication and interpersonal abilities

 Attention to detail and a high level of accuracy

 Knowledge of insurance principles, underwriting guidelines, and risk assessment

 Experience with an insurance broking company is added advantage

 Bachelor's degree in Finance, Business, or related field

 3 + years of work experience with insurance underwriting

Company Profile

Established in the year 1994, We have developed into one of the largest financial services and broking house in India within a short span of time. Today, we are the fastest growing financial service with 5 mega group companies under it. With diligent effort, acknowledged industry leadership, and experience, we have spread our trustworthy expertise all over the country with pan-India presence across more than 1784 outlets spread across 560 cities. With a smorgasbord of services across all verticals in finance, we offer you the perfect blend of financial services right from Equity Broking, Advisory Services that cover --- Management Services, Mutual Fund Investments, Insurance to exceptional Depository Services.

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