Posted By
Posted in
Banking & Finance
Job Code
709310
ROLES & RESPONSIBILITY:
- Policy underwriting: Work with the business development team to understand risk exposure of a client and design bespoke insurance solution. Underwriters will then collaborate with various insurers to source a carrier and negotiate prices.
- Product strategy: Develop a white-label product strategy for this function. Underwriters would need to understand the broad patterns of customer needs, and design suitable products. Product strategy would need to be defined for the respective domain by customer segment i.e., geography, industry and size. Underwriters will be responsible to create a bouquet of products for their domain based on underwriting type i.e., over-the-counter, instant bidding, and bespoke solution.
- Bidding platform: Develop and manage reverse-bidding platform. Work with insurers to educate about platform and push uptake. Work with technology team to customize the platform as required for the specific function.
- Codify and publish knowledge: Build repository of knowledge by aggregating off-the-shelf information and developing proprietary documents & tools e.g., benchmarks, algorithms. As and when appropriate, engage with media platforms for knowledge sharing e.g., industry journals, mass media, industry chamber meetings.
- Pro active team player: To lead a team of 5-10 members.He/She is primarily responsible for providing leadership, support and guidance to the underwriting team. He is in charge of ensuring that the underwriting team complies with the goals, objectives and standards of the organization in order to meet customer satisfaction and deadlines.
DESIRED Skills & COMPETENCIES:
- Candidate having experience in the same industry will be preferred.
- The candidate should be excellent with written and verbal communication Skills
- Excellent knowledge of Ms- Excel and good at analytical skills.
- Having Leadership Skills with high motivation and goal oriented.
- Excellent knowledge of making Presentations.
- Should be confident & able to handle queries.
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Posted By
Posted in
Banking & Finance
Job Code
709310