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Gurgaon

    Underwriter - Gurugram, India - WNS

    WNS
    WNS Gurugram, India

    3 days ago

    WNS background
    Upper Management / Consulting
    Description

    Lead and Senior Associate - Job Description

    Role Summary – Premium Technician

    To support London Market Broker team in accordance with the business plan and within delegated underwriting authority, Line slip, Reinsurance and Direct Business.

    The Opportunity:

    We are looking for Lead Associate to join our team with experience of Lloyd's and London market.

    Experience Required – 5-6 Years

    Your responsibility is to work as Lloyd's and London market SME for Direct and Reinsurance business

    Good knowledge of Lloyd's and London market Broker processes.

    Good knowledge of Payment terms and Different type of Risk placement in London Market.

    Good knowledge of Bureau Market submission to XIS.

    Can contribute in setting up BAU process from Solution design phase.

    Team player and can process Risk in system.

    Able to involve in daily catch up with team.

    Can handle complex accounts and able to contribute in process improvement as per Business requirement.

    Good understanding Lloyds and London market standard Slip or MRC.

    Good knowledge of legal and regulatory requirements (specific reference to FSA/Lloyds regulation)

    Ability to give training to new hires.

    Roles and Responsibilities:

    Operational Parameters

    • that Legal and compliance defects are zero or tend to zero.
    • closely with Team in BAU Delivery.
    • complete, transparent and frequent communication with the business and Client.
    • to the communication plan and rigor as agreed with the business.

    Operational Excellence

    • move between leadership role and team member role on various projects as required.
    • drive Brainwave activities.
    • ensure appropriate and timely action on client request.
    • team knowledge to smooth operation run.
    • be team player.

    Training

    • system and Process trainings to new hires
    • contribute in process enhancement.
    • to training timeline.

    London Market Knowledge

    • Understanding of all type of Direct and Reinsurance Business placed in Lloyd's and the London market
    • Understanding of all Slip/ MRC.
    • Understanding of Bureau and Non-Bureau payment process.
    • understanding of Broker IBA function.
    • to handle Bureau and Non Bureau query.
    • Team member in Technical processing.
    • 4 years of London & Lloyds Market experience

    Qualifications

    Graduate

    Additional Information

    5 Days Working (Rotational Shift)

    2 Days Off (Rotational Off)

    Location - Gurgaon

    Maximum Salary Upto 6 LPA

    Email Address -

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