Job Title : Underwriting Manager
Department : Underwriting
Permanent / Contract Resource : Permanent
Location : Mumbai
Reports To : Finance Head
Company Profile :
AmTrust Mobile Solutions by AmTrust International is a one-stop solution that provides after sales solutions to help the customers stay connected to their devices with a peace of mind. From device protection and repair work to trade-in services and technical support, we provide a range of services under a single roof. The brand is built on passion, innovation and continued dedication, aimed towards building brand loyalty and seamless claims at the lowest cost possible.
http://www.amtrustmobilesolutions.asia/
Overall Purpose of the Role :
Subject matter expert for Underwriting. To build and manage underwriter relationships. Responsible for overall program Profitability (Loss ratio), Compliance and Claims recovery.
Areas of Responsibility :
- Assessing documents to identify the level of risk considering underwriting factors and related information and making an effective assessment.
- Carefully drafting and reviewing the insurance policies, forms, applications and pointing out any discrepancies.
- Discuss and agree the insurance terms, policies conditions and pricing with the clients, insurers and reinsurers and brokers.
- Maintaining an elaborated and correct documentation of the decisions taken and policies underwritten.
- Identify opportunities to improve customer experience and reduce underwriting and operational costs.
- Manage book of business to achieve desired underwriting profitability.
- Oversight of underwriting compliance to regulations and market practice ensuring incompliance with Central bank and Insurance Commissions.
- Ad Hoc Task required and relates to underwriting implementation within the country
Qualification & Experience Required :
- A basic degree and professional qualification related to Insurance.
- Professional courses involving statistics, business, mathematics, insurance, finance are highly beneficial to this position.
- Minimum 8 years experiences in underwriting (General) with product development background.
Skills Required :
- Analytical skill is a must as the person needs to scrutinize credit ratings, driving records, comparison of similar policies with meticulous eye for details.
- Knowledge in insurance related computer software's is an added advantage.
- Sound knowledge and experience in all aspect of underwriting Ability to provide advice to senior level management on technical matters
- Ability to develop and execute the strategic direction for the department
- Strong planning and organization skills.
- Strength of character to raise and communicate issues or recommendations
- Computer literacy in word, excel and power point
- An appetite for growth and personal development.
- Knowledge in reinsurance is an added advantage
Didn’t find the job appropriate? Report this Job