Underwriter - Thane, India - Lords Mark Industries Pvt. Ltd.
Description
Opening For - UnderwriterLocation - Thane
Experience - 2 to 5 Years
Responsibilities
- Assess clients' background information and financial status
- Liaise with specialists to gather information and opinions
- Weight loss exposures and determine underwriting alternatives
- Draw up quotes for competitive insurance premiums
- Negotiate and define the specific terms of insurance policies with insurance companies and client.
- Keep detailed records of policies underwritten and decisions made
- Balance between mass and homogeneity of risks to achieve predictability of future results
- Develop and maintain a profitable book of business for the insurer
- Follow applicable insurance laws
Requirements and skills
- Proven insurance underwriting experience
- Handson experience with "smart systems", analytical tools and statistical packages (spreadsheets, SPSS, databases etc.)
- Sensible judgement and attention to detail
- Confident decision making skills
- Excellent knowledge of insurance policies and ability to relate policy provisions to the loss exposures
- Minimum Graduate
Salary:
₹180, ₹360,000.00 per year
Benefits:
- Health insurance
- Provident Fund
Schedule:
- Day shift
Supplemental pay types:
- Performance bonus
Ability to commute/relocate:
- Thane, Maharashtra: Reliably commute or planning to relocate before starting work (required)
Experience:
- Underwriting: 2 years (preferred)
Willingness to travel:
- 25% (preferred)
- Health insurance
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