AU Small Finance Bank - DVP/AVP - Property & Professional Liability Underwriter

ONLY PEOPLE WITH RELEVANT EXPERIENCE SHOULD APPLY

Core Responsibility:

- As an Underwriter you will be responsible to manage all Bank policy which includes Banker's Indemnity, Directors & Officers (D&O), Errors & Omissions (E&O), Fiduciary, Employment Practices Liability (EPL), Employee's Benefit and Miscellaneous Professional Liability (MPL), K&R, Cyber & Cards Policy.

- Analyze risk factors associated with insuring a particular property or individual, such as location, occupation, past claims, and industry trends. Use this analysis to determine the level of coverage to be provided and negotiate with insurer at appropriate premiums.

- Determine the appropriate type and amount of coverage based on individual risk profiles. This includes evaluating policy terms, such as deductibles, exclusions, and coverage limits, and making recommendations to clients accordingly.

- Conduct periodic audits of existing policies to ensure ongoing compliance with company and regulatory guidelines and identify any changes in risk profiles that may require adjustments to coverage or premiums.

- Review and evaluate upcoming renewals in a thorough and timely manner.

- Negotiate and define the specific terms of insurance policies.

Additional Responsibility:

- Setting up underwriting team to set up the employee benefits, property & professional liability business.

We're looking for someone who has these abilities and skills:

- Experience: Moderate years of underwriting experience in Property, Employee benefit & Professional liability underwriting

- Communication: Good written and verbal communication skills. The ability to negotiate and effectively communicate a viewpoint.

- Proficiency with Microsoft applications: Word, Excel, PowerPoint, and other IT applications.

- Collaboration: Be able to work effectively in a team setting.

- Technical Skills: Be able to work independently in a fast-paced environment requiring good judgment and analytical skills. Excellent organizational skills. General interest in Insurance industry.

- Leadership: Outstanding demonstration of initiative, interpersonal skills and a professional demeanour are critical. Customer focus. Demonstrates a proactive approach to suggesting approaches for improvement in work processes.

- Education: Bachelors' degree in Finance, Economics, FIII or AIII preferred but not required