SME underwriter (Noida)

Company: RECEX

Job Location: Noida, Uttar Pradesh, India

Employment Type: Full-time

Experience Required: 3+ years

Role Description

This is a full-time on-site role for an Underwriting & Placement (EB & Non-EB) position at

in Recent Delhi. As part of the role, you will be

responsible for day-to-day underwriting activities, evaluating risks, and placing insurance

policies. You will work closely with stakeholders to ensure accurate assessments and

adherence to policies and procedures.

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 .

SME underwriter (Noida)

Job Description & Responsibilities