Executive - Underwriting Assistance

Ryan Specialty Underwriting Managers; Mumbai; On-site; INR 600,000 - 900,000; Full time

Job summary

Ryan Specialty Underwriting Managers in India is seeking an Insurance Underwriting Support Executive to assist US/UK MGUs with pre and post-placement underwriting activities.

You will handle data updates, request missing information from brokers, maintain accounts, and support endorsement processing while coordinating with underwriters and accounts receivable.

Ideal candidates have at least 2 years in insurance operations, strong English, and a collaborative, detail-oriented work style.

Qualifications

• Minimum 2+ years in Insurance Operations/Support role.
• Strong analytical and problem-solving abilities.
• Excellent interpersonal and written English communication.
• Methodical, accurate, and able to work under deadlines.
• Ability to work independently and collaboratively.
• Willingness to learn and adapt as the work evolves.

Responsibilities

• Update insured data in underwriting systems from broker applications.
• Request missing information from underwriters and brokers.
• Maintain active and renewal accounts in the system.
• Verify policy documents for standard formatting.
• Process mid-term endorsements for policy changes.
• Assist underwriters with new and renewal policy processing in carrier systems.
• Liaise with brokers for late payments and coordinate with underwriting.
• Coordinate with Accounts Receivable to reconcile differences and post items.

Skills

Analytical thinking

Interpersonal skills

English communication

Attention to detail

Pressure handling

Independent worker

Team collaboration

Willingness to learn

Job description

Ryan Specialty Underwriting Managers is a specialty insurance underwriting business consisting of a number of specialty property and casualty managing general underwriters (MGU). Each MGU provides specialty expertise in distinct challenging market niches. Ryan Specialty Underwriting Managers encompasses underwriting insurance for such industries as energy, healthcare, enterprise risk, construction and more, all of which are areas where specialization offers tremendous advantages for their clients.

In India we work as members of teams in the US, the UK and Europe, across a variety of functions.

We have an opening for a bright, numerate, articulate individual, seeking to join a dynamic, hard-working, inquisitive team as a Insurance Underwriting Support Executive. You will join a team in India carrying out such work as a team member for UK and US MGUs.

Job Description:

Working in collaboration with the USA and UK underwriting teams, this role will involve completing tasks that assist in the pre and post placement underwriting activity of property, casualty & environmental insurance.

Specific tasks will include:

• Updating data for insureds in our underwriting systems based on the applications received from the brokers, for various business types
• Communicating with the underwriters & brokers to request missing information needed for underwriting new and renewal accounts
• Maintaining active and renewal accounts in the system
• Checking the policy produced to ensure it is in standard format
• Adding and issuing mid-term endorsements for certain policy changes
• Assisting the underwriters in processing new and renewal policies in some carrier systems
• Follow up for late payments from brokers and liaising with underwriting when necessary
• Working with Accounts Receivable to resolve all reconciliation differences, unmatched cash items and posting of items onto bordereaux /monthly account statements.

Skills Required:

• 2+years on Experience in Insurance Operations/Support Role
• Strong analytical and interrogative capability
• Excellent inter-personal skills
• Excellent English communication skills, both oral and written
• An ability to work methodically and accurately
• An ability to work under pressure and to deadlines
• An ability to work independently reaching out for support when required
• A willingness to learn and evolve as the work grows and evolves
• Teamwork is a big part of life here, so you must be someone who loves taking a collaborative approach and who can recognize and acknowledge the contribution of others