Fire & Marine Underwriter

MAGNUM INSURANCE BROKING PRIVATE LIMITED; Nagpur District; Vor Ort; INR 600.000 - 900.000; Vollzeit

Zusammenfassung

Magnum Insurance Broking Private Limited in Nagpur seeks a Property Underwriter to assess, price, and place property risks with our carrier panel. You will analyze exposures, evaluate loss histories, and craft risk solutions for clients while protecting carrier relationships.

You will coordinate with internal teams and external underwriters, ensure policy compliance, and monitor renewal performance.

Qualifikationen

• Minimum 5–8 years of property underwriting experience, preferably within a brokerage environment.
• Bachelor’s degree in Finance, Risk Management, Business, or related field.
• BQP certification is preferred or required.

Aufgaben

• Analyze property risks including exposures, construction types, occupancies, and protection classes.
• Negotiate terms with carriers to secure prices, deductibles, and coverage.
• Review underwriting with surveys, loss histories, and financial statements to assess risk quality.
• Manage relationships with internal account executives and external underwriters.
• Ensure bindings and policies comply with carrier guidelines and regulatory standards.
• Monitor book performance, loss ratios, and renewal retention rates.

Kenntnisse

Analytical Thinking

Negotiation

Communication

Time Management

Ausbildung

Bachelor’s degree in Finance, Risk Management, Business, or related field

BQP

Tools

Advance Excel

Jobbeschreibung

Job Summary

We are seeking a Property Underwriter to join our brokerage team. You will evaluate, analyze, and place property risks with our panel of insurance carriers., your focus will be on finding creative risk solutions for our clients while maintaining profitable carrier relationships.

Key Responsibilities

• Analyze Risk: Evaluate property exposures, construction types, occupancies, and protection classes.
• Negotiate Terms: Liaise with insurance carriers to secure competitive pricing, deductibles, and coverage terms.
• Review Underwriting: Inspect property surveys, loss histories, and financial statements to assess risk quality.
• Manage Relationships: Maintain strong connections with both internal account executives and external carrier underwriters.
• Ensure Compliance: Verify that all bindings and policies adhere to carrier guidelines and regulatory standards.
• Monitor Portfolios: Track book performance, loss ratios, and renewal retention rates.

Required Qualifications

• Experience: Minimum [5–8] years of property underwriting experience, preferably within a brokerage environment.
• Education: Bachelor’s degree in Finance, Risk Management, Business, or a related field.
• Certifications: BQP

Software Skills

Advance Excel

Key Skills

• Analytical Thinking: Ability to interpret complex property data and loss models.
• Negotiation: Proven track record of successfully negotiating coverage limits and pricing.
• Communication: Clear verbal and written skills for explaining complex risks to non-technical stakeholders.
• Time Management: Efficiency in handling high volumes of renewals and new business submissions simultaneously.