AmTrust Mobile Solutions - Manager - Underwriting

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