Commercial Underwriter- Insurance

Serving Skill; India; On-site; INR 600,000 - 1,000,000; Full time

Job summary

A leading insurance firm in Delhi is seeking a Commercial Underwriter to manage risk analysis and insurance terms. The role involves understanding various business lines and preparing required documentation while maintaining compliance and effectiveness. Ideal candidates will be proficient in risk management and have strong communication skills for client interactions.

Responsibilities

• Understanding of Property, Engineering, Marine & Misc lines of business.
• Risk analysis, acceptance, and selection as per guidelines.
• Preparation of RI slips and discussions with CO.
• Conducting meetings with brokers/customers to design insurance terms.
• Maintaining TAT and compliance as per UW authority matrix.

Job description

Commercial Underwriter

Location

Delhi

Roles and Responsibilities

• Understanding of Property (SFSP, IAR, Large risk), Engineering (Project & Annual), Marine & Misc line of business.
• Risk analysis, Risk acceptance, Risk selection, Policy coverage (Policy wording, Add-on covers, Exclusions / Inclusions Special warranties, Pricing & Deductibles, Reinsurance adherence, Risk management overview, claims review) within the purview of set Underwriting Guideline.
• Preparation of RI slips & discussion with CO.
• Carry out meetings with brokers/customers to understand their requirements and design the insurance terms accordingly.
• Maintain TAT and compliance as per UW authority matrix