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Job Description:
- Suggesting the client proper covers/policies to cover the Risk Gaps, preparation of Quote/Broking slip.
- Access risk factor to determine coverage, eligibility, premium pricing & Policy terms
- Use underwriting guideline, rating manuals & industry standard to make informed decisions.
- Negotiate with various Insurer on discounts as well as competitive terms as per insured trade
- Making Placement Slips and float in Market for arranging competitive quotes from various insurer for all line of business i.e., Property, Marine,
- Engineering., Employee Benefit Etc.
- Handle PRE (working on RAW DATA) & POST - Placement Servicing for allotted client
- Quality check after policy placement (After placement of policy with insurer for cross check all the terms and conditions as per the approved RFQ)
- Analysis of Risk Gaps if any under current insurance program & preparation of Portfolio Review report.
- Prepare reports of all Placements & RFQ
Requirements and skills:
- Strong analytical and critical thinking skills
- Communication and interpersonal abilities
- Attention to detail and a high level of accuracy
- Knowledge of insurance principles, underwriting guidelines, and risk assessment
- Experience with an insurance broking company is added advantage
- Bachelor's degree in Finance, Business, or related field
- 3 + years of work experience with insurance underwriting
We are looking for credit analysts who can help them perform threshold analysis and impact calculations to streamline their credit underwriting process. Hence, they are looking for people who have experience in doing similar or related work. Since this is an urgent requirement, your quick help is requested in filling this role.
Attaching sample profile as well.
Manager and SM - 25-50LPA
Skills: Credit analyst + SAS
Goot to have: Credit underwriting, EWS (Early warning signal),EBC regulations, IFRS9.
Level: SM or M ( 4+ years)
NP: Max 30 days.
Budget: max 45 LPA.
Loc: Pan India
Responsibilities:
- Credit Underwriting, credit appraisal process
- EWS analysis, IFRS9 staging, credit analysis, threshold analysis
- Querying and coding in SAS and SQL
- ECB regulations