Underwriting Associate

Skill required: Property & Casualty- Underwriting - Underwriting


Designation: Underwriting Associate


Qualifications:Any Graduation


Years of Experience:1 to 3 years


What would you do?
Insurance Underwriting – Migration – Location strategy – Technology for process automation – Data analytics –Performance Monitoring 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?
Assist underwriters with broker follow-ups on outstanding subjectivities, including Legal Agreements, Collateral, Premium, UM/UIM-PIP forms. Update systems as required.

Track premium booking and policy issuance to ensure LOB metrics are met. Escalate to Sr. UA, Team Lead, or account underwriter as needed.

Perform and apply knowledge of LOB underwriting rules and/or guidelines for pre-analysis support of submission in preparation for further analysis for quoting stage.US/UK Insurance knowledge

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