Posted By
Posted in
Banking & Finance
Job Code
1457519
Commercial Underwriters - Property
Position / Business Accountability:
- Ensuring smooth function of policies to be serviced.
- Floating RFQ to insurers & negotiate best premium from them to meet client's expectations.
- Preparing Due Diligence report wherever necessary.
- Negotiation with insurers on premium quotes & Terms specially in big & medium sized proposals.
- Ensure submission of QCR within TAT.
- Update Compass regularly.
- Preparing service presentation based on the coverage's shared by RM.
- Generating weekly MIS about the pending claim and sending it to clients in the format defined.
- Relationship with key line people in the insurance companies
- Entertain (addition deletion & other) endorsement request received from client & sent to insurer for endorsement.
- Maintain RFQ tracker.
- Quality Control of Policy Documents of RFQs.
- Quality check of policies issued & ensure for minimum errors.
- Updating SAIBA on policy renewed, endorsement passed, and endorsement awaited in the respective month.
- Replying to queries in the defined TAT i.e., within 24 hrs. form receipt of the query.
Core Capabilities (Knowledge, Skills, Additional Behaviors):
- Strategic understanding of business.
- Quantitative skills.
- Ability to manage multiple tasks in a high-pressure environment.
Education & Experience:
- Non-EB placement experience (preferably over 5 to 10 years) in Insurance Broking.
- University degree (mandatory) with an appropriate insurance qualification preferred.
- Should have a good network and relationship with the PSU's and the private players.
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Posted By
Posted in
Banking & Finance
Job Code
1457519