Underwriting Specialist

Accenture; Gurugram District; On-site; INR 8,00,000 - 12,00,000; Full time

Job summary

A leading consulting firm seeks an Underwriting Specialist in Gurugram District. Candidates should have 7 to 11 years of experience in Property & Casualty underwriting. This role involves analyzing claims, managing risk, and collaborating with underwriters to ensure accurate and timely policy issuance. Strong analytical skills and experience in complex problem-solving are essential.

Qualifications

• 2 to 5 years of experience in P&C core underwriting or underwriting support processes.
• Experience with tasks from the Insurance Underwriting Cycle including Quote Preparation and Policy Drafting.
• Ability to analyze and solve moderately complex problems.

Responsibilities

• Ensure underwriting is conducted within standards and timeframes.
• Partner with regional underwriters in processing Rating and Pricing.
• Assist in follow-up with brokers.

Skills

Property & Casualty Insurance

Underwriting Knowledge

Analytical Skills

Education

Any Graduation

Job description

About The Role

• Skill required: Property & Casualty - Underwriting - Underwriting

Designation

Underwriting Specialist

Qualifications

• Any Graduation

Years of Experience

7 to 11 years

What would you do?

• 2 to 5 years of experience in P&C core underwriting or underwriting support processes
• E2E knowledge of services offered under spectrum of Pre and Post underwriting
• Hands on experience of managing one of the following tasks from the earlier experience from Insurance Underwriting Cycle – Quote Preparation, Binder, Loss run, Policy Drafting, Rating, Pricing, Policy Booking, Issuance, Premium Coding, mid‑term endorsement, Renewal and cancellation
• In this role one is required to do analysis and solving of high‑complexity problems Define Insurance policy and calculating premium including terms and condition for Property. A process by which investment bankers raise investment capital from investors on behalf of corporations and governments that are issuing either equity or debt securities. Underwriting services are provided by some large specialist financial institutions, such as banks, insurance or investment houses, whereby they guarantee payment in case of damage or financial loss and accept the financial risk for liability arising from such guarantee.

What are we looking for?

• This role works with the underwriters to ensure that underwriting is conducted within the standards and timeframes, including policy booking and ensure policy issuance information is accurate and complete, conducting quality control checks to ensure adherence to division‑specific guidelines and procedures. The role works under moderate supervision and would be performed in areas of greater size.
• Partner with regional underwriters and/or more senior UW Support employees in the end‑to‑end processing of Rating and Pricing. Evaluates new and renewal submissions against prescribed criteria to determine completeness; documents outstanding items and include them in communication to an underwriter for review.
• Assists in the follow‑up and securing of outstanding items from the broker.

Roles and Responsibilities

• In this role you are required to do analysis and solving of moderately complex problems
• May create new solutions, leveraging and, where needed, adapting existing methods and procedures
• The person would require understanding of the strategic direction set by senior management as it relates to team goals
• Primary upward interaction is with direct supervisor
• May interact with peers and/or management levels at a client and/or within Accenture
• Guidance would be provided when determining methods and procedures on new assignments
• Decisions made by you will often impact the team in which they reside
• Individual would manage small teams and/or work efforts (if in an individual contributor role) at a client or within Accenture
• Please note that this role may require you to work in rotational shifts