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Accenture

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3.9

based on 53.7k Reviews

Proud winner of ABECA 2024 - AmbitionBox Employee Choice Awards

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27233 Accenture Jobs

Underwriting Associate

Accenture Solutions Pvt Ltd

 · 

3.9

 based on 53.7k Reviews

1-3 years

₹ 2 - 3.8L/yr (AmbitionBox estimate)

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This is an estimate of the average salary range for this position. It has not been reviewed by the company, and the actual salary may differ.

Bangalore / Bengaluru

1 vacancy

Underwriting Associate

Accenture

posted 16hr ago

Job Role Insights

Flexible timing

Key skills for the job

Customer Service Financial Analysis Credit Analysis US Mortgage Software Asset Management General Insurance

+ 8 more

Job Description




Skill required: Property & Casualty- Underwriting - Underwriting


Designation: Underwriting Associate


Qualifications:Any Graduation


Years of Experience:1 to 3 years


What would you do?
  • 0-3 years of experience in Property & Casualty Underwriting or Policy Servicing across shared services/Third Party BPO service providers (Essential)
  • Hands on experience of managing the one of the following tasks from the earlier experience from Insurance Underwriting Cycle - Policy Issuance, Premium Audit, Pricing Reading, Endorsement, Quote/Booking, Aggregation / Modeling, Contract Reading, Slip Processing, Benchmarking, Binders Processing, Submission, Declarations, Cancellations, Reinstatements, Insurance KYC.Define Insurance policy and calucating premium including terms and condition for PropertyThe Underwriting team focuses on raising investment capital from investors on behalf of corporations and governments that are issuing either equity or debt securities. The role requires a good understanding of credit analysis, creditworthiness, credit underwriting, credit appraisal memo, commercial lending, financial analysis, asset evaluation, and income calculation. The role may also need expertise around residential underwriting, mortgage underwriting, government-sponsored loans, and pre-purchase review.


    What are we looking for?
  • Good to have someone with experience in Re-Insurance Fac and Treaty business.
  • You will be working within your team and direct supervisor.
  • You will be provided detailed to a moderate level of instruction on daily work tasks and detailed instruction on new assignments and the decisions that you make that would impact your work.
  • Assist with the issuance of quotes, binders, policies, endorsements, and cancellations within prescribed timelines.
  • Requests individual policy filings as needed.
  • Prepares policy writing instructions for Shared Services and premium billings.
  • You will be required to help in the overall team s workload by managing your deliverables and help the team when required.

    Roles and Responsibilities:
  • In this role you are required to solve routine problems, largely through precedent and referral to general guidelines
  • Your expected interactions are within your own team and direct supervisor
  • You will be provided detailed to moderate level of instruction on daily work tasks and detailed instruction on new assignments
  • The decisions that you make would impact your own work
  • You will be an individual contributor as a part of a team, with a predetermined, focused scope of work
  • Please note that this role may require you to work in rotational shifts


    Qualifications
    Any Graduation

    • Employment Type: Full Time, Permanent

    Read full job description

    Accenture Interview Questions & Tips

    Prepare for Accenture Underwriting Associate roles with real interview advice

    What people at Accenture are saying

    4.6
     Rating based on 12 Underwriting Associate reviews

    Likes

    Good place to learn and start the career

    • Skill development - Excellent
      +4 more
    Dislikes

    Don't expect hike and no night shift allowances.

    • Salary - Bad
      +1 more
    Read 12 Underwriting Associate reviews

    Underwriting Associate salary at Accenture

    reported by 165 employees with 1-6 years exp.
    ₹1.5 L/yr - ₹7 L/yr
    At par with the average Underwriting Associate Salary in India
    View more details

    What Accenture employees are saying about work life

    based on 53.7k employees
    65%
    85%
    68%
    76%
    Flexible timing
    Monday to Friday
    No travel
    Day Shift
    View more insights

    Accenture Benefits

    Free Transport
    Cafeteria
    Work From Home
    Gymnasium
    Health Insurance
    Soft Skill Training +6 more
    View more benefits

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    Bangalore / Bengaluru  (1)
    Bengaluru Office
    71, Cunningham Road, BengaluruBengaluru, India, Bengaluru
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