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Manager - Commercial Underwriting

2.00 to 5.00 Years   Mumbai City   03 Oct, 2024
HDFC Ergo General Insurance Company Limited
Job LocationMumbai City
EducationNot Mentioned
SalaryNot Disclosed
IndustryInsurance
Functional AreaRisk / Underwriting
EmploymentTypeFull-time

Job Description

    Position Overview:We are seeking aProperty Underwriter for our Mumbai, the candidate will assist in evaluating and underwriting marine insurance risks, preparing quotes, and supporting the senior underwriting team.
    1. Quoting and Documentation:
    - Prepare and issue quotes for marine insurance policies based on initial risk assessments and underwriting guidelines.- Assist in drafting policy documents, endorsements, and related paperwork.
    1. Risk Assessment Support:
    - Collect and review basic risk information from clients, brokers, and agents.- Perform preliminary analysis of risk data and present findings to senior underwriters.
    1. Client Interaction:
    - Communicate with brokers, agents, and clients to gather required information for quotes.- Provide initial explanations of coverage options, terms, and conditions to clients and stakeholders.- Assist in negotiating policy terms and conditions under the supervision of senior underwriters.
    1. Policy Management:
    - Maintain accurate records of quotes, policies, and endorsements.- Assist in the management and renewal of existing policies, ensuring all documentation is up-to-date.- Monitor policy statuses and follow up on outstanding information or actions.Education: Bachelors degree in business administration, finance, property/Engg studies, or a related field.

Keyskills :
risk assessmentunderwriting

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