Talent.com
This job offer is not available in your country.
(High Salary) Underwriter property – Insurance Broking

(High Salary) Underwriter property – Insurance Broking

Consult SPMumbai, Maharashtra, India
4 hours ago
Job description

We are seeking a talented individual to join our Insurance Broking team at company. This role will be based in Mumbai. This is a hybrid role that has a requirement of working at least three days a week in the office.

We’re seeking for an individual who is ready to assist the onshore broking team in all aspects of client service, including client contact, administration, technical support and business development. Ensure the accurate, efficient and timely production of all clients, insurer and policy related documentation across the insurance life cycle.

We will count on you to :

Account Management

  • Assist the onshore broking team with the development, implementation and management of risk management and insurance programs which accurately address client needs
  • Assist the onshore broking team with the development and maintenance of effective long-term relationships with key client decision makers through regular meetings and liaison
  • Work with the onshore broking team to gain an understanding of the client's business, risk management and insurance needs
  • Implement renewal and broking strategies in accordance with instructions received from the onshore broking team
  • Actively assist the onshore broking teams with the development of additional business from their existing portfolios and with the acquisition of new business.
  • Assist the onshore broking teams with the implementation of appropriate account retention and defence strategies
  • Assist the onshore broking and claims teams with the negotiation of equitable claim settlements on behalf of clients
  • Monitor the accuracy and performance of outputs from the operations processing team
  • Develop and maintain an understanding of new technologies and capabilities of the Company
  • Participation in client / insurer meetings as required Administration & Technical
  • Consistently use the required IT Applications to maintain compliance, accuracy and workload, contributing to resource allocation and process improvement
  • Ensure the timely and accurate production / processing of client transactions including but not limited to :

o Premium and adjustment calculations

o Information and documentation for Pre-Renewal and Broking meetings

o Bespoke renewal reports and insurance manuals

o Certificates of currency

  • Ensure the smooth functioning of transition of work between the broking business and the operations team. This includes providing accurate and timely information to operations and confirming the quality of the outputs returned to the broking team.
  • Support effective working relationships with clients and insurers as required
  • Ensure that accurate up to date records on all clients are always maintained
  • Possess a thorough understanding of all major classes of insurance which the Company offers to its clients
  • Possess a thorough working knowledge of all aspects of the Insurance (Agents & Brokers) Act, Insurance Contracts Act, Fire Services Levy, Stamp Duties, Worker's Compensation and other relevant legislation
  • Acquire and maintain an awareness of the client's business and insurance needs, noting all briefing information provided by senior servicing and broking managers
  • Develop and maintain a basic understanding of the core aspects of relevant Insurance and related legislation
  • Adhere strictly to the Company's Quality practices and other systems and procedures
  • Comply fully with the Company's errors and omissions avoidance policy
  • Other duties as may be required from time to time.
  • What you need to have?

  • A Graduate with 6+ years of relevant experience
  • Meet the training requirements of Tier 1 FSRA Compliance
  • Prior experience in general insurance or financial lines within a broking or underwriting environment preferred
  • Degree in Insurance (or a related area) or Financial Services Diploma preferred
  • Key Competencies

  • Collaboration – Acts as a connector between Broking and Operations, bring colleagues together to bring the best of the enterprise to client solutions. Comfortable working both independently and as part of a virtual team
  • Initiative – Seeks out and acts on opportunities and calculated risks. Demonstrates a willingness to take on increased responsibilities and displays the ability to act independently with minimal yet appropriate reference back to manager / supervisor.
  • Productivity & Efficiency – The efficient and timely completion of routine and assigned tasks to support internal and external client demands and the implementation of major projects.
  • Technology - Understands and effectively applies the Company’s specialized technology resources to meet objectives and satisfy client needs.
  • Organization – Considers future client needs and plans accordingly. Consistently operates with a highly self-organized style to produce accurate work on time; organizes group tasks and resources on behalf of the team; efficiently implements instructions delegated by manager / supervisor; produces work with the confidence of manager / supervisor.
  • Communication - Conveys written and verbal messages effectively to various audiences, adapting approach as appropriate. Displays sound listening and comprehensive skills.
  • Innovation - Develops new and alternative approaches to existing practices, creates new or improved processes, solutions, products and services. Maintains an openness to experiment with alternative approaches.
  • Should be comfortable with 6.30 am – 3.30 pm
  • What makes you stand out?

  • Meet the training requirements of Tier 1 FSRA Compliance
  • Prior experience in general insurance or financial lines within a broking or underwriting environment preferred
  • Degree in Insurance (or a related area) or Financial Services Diploma preferred
  • Experience : -4 to 10 years

    Sal : - 13 to 18 lacs plus variable

    Why join our team?

  • We help you be your best through professional development opportunities, interesting work and supportive leaders.
  • We foster a vibrant and inclusive culture where you can work with talented colleagues to create new solutions and have impact for colleagues, clients and communities.
  • Our scale enables us to provide a range of career opportunities, as well as benefits and rewards to enhance your well-being.
  • Create a job alert for this search

    High Salary • Mumbai, Maharashtra, India

    Related jobs
    • Promoted
    Group Health Underwriter

    Group Health Underwriter

    Cholamandalam MS General Insurance Co. Ltd.Mumbai, Maharashtra, India
    Mumbai, Chennai, Bangalore, Delhi.Preparing all the GHI,GPA - fresh, rollover and renewal quotes from PAN India.Handle GHI, GPA Enrolments for Policy Booking. Sum Insured Enhancement & Corrections.M...Show moreLast updated: 4 days ago
    • Promoted
    Yardi Voyager + Quickbooks (US Property Accounting)

    Yardi Voyager + Quickbooks (US Property Accounting)

    AKM GlobalKalyan-Dombivli, IN
    We are seeking a dedicated and highly skilled.The ideal candidate will be an experienced accounting professional with a strong background in. You should possess a solid understanding of.CAM reconcil...Show moreLast updated: 26 days ago
    • Promoted
    Senior Underwriter

    Senior Underwriter

    Firstsourcedombivli, maharashtra, in
    Firstsource Solutions is a leading provider of customized Business Process Management (BPM) services.Firstsource specializes in helping customers stay ahead of the curve through transformational so...Show moreLast updated: 27 days ago
    • Promoted
    BA / QA (-Life Insurance / Annuity )

    BA / QA (-Life Insurance / Annuity )

    SkillveraThane, IN
    Life Insurance (Term / WL / UL) and Annuity insurance knowledge.End-to-end lifecycle experience of Product development and implementation on a policy administration platform. IT Business Analysis experi...Show moreLast updated: 4 days ago
    • Promoted
    Underwriter

    Underwriter

    Unilight Insurance Brokers Private LimitedMumbai, Maharashtra, India
    The EB Placement Manager will be responsible for managing the placement of Employee Benefits programs such as Group Health Insurance (GHI), Group Term Life (GTL), Group Personal Accident (GPA), wit...Show moreLast updated: 30+ days ago
    • Promoted
    SME Insurance Underwriter- Technomarketing

    SME Insurance Underwriter- Technomarketing

    ConfidentialMumbai
    Evaluate and underwrite SME insurance products including Fire, Burglary, Marine, Engineering, Liability, and Miscellaneous policies. Work closely with the sales team to provide technical support in ...Show moreLast updated: 28 days ago
    • Promoted
    Mortgage Underwriter

    Mortgage Underwriter

    ConfidentialMumbai
    The Conventional Underwriter reviews, conditions and underwrites mortgage loans in accordance with established policies and procedures and appropriate guidelines. examines all documentation for acc...Show moreLast updated: 29 days ago
    • Promoted
    Senior Leasing Manager

    Senior Leasing Manager

    Castellan Real Estate PartnersThane, IN
    Senior Leasing Manager (India-based).Residential Properties – New York, USA.We are seeking a dedicated, organized, and proactive. This role plays a pivotal part in driving new lease generation, ensu...Show moreLast updated: 2 days ago
    • Promoted
    Canadian Not for Profit Audits

    Canadian Not for Profit Audits

    AKM GlobalKalyan-Dombivli, IN
    We are seeking a highly motivated and detail-oriented.The ideal candidate has 3–6 years of progressive experience in public accounting, with a focus on serving charitable organizations, foundations...Show moreLast updated: 30+ days ago
    • Promoted
    Area Underwriting Manager- Commercial

    Area Underwriting Manager- Commercial

    ConfidentialMumbai
    Liaison with regional Underwriter to devise circle-level underwriting strategy to maintain defined loss ratio targets for allocated commercial lines LOB. Interact with other stakeholders at circle l...Show moreLast updated: 28 days ago
    • Promoted
    Senior Property Sales Consultant / Property Sales Consultant (Resale Specialist, Location - DUBAI, UAE)

    Senior Property Sales Consultant / Property Sales Consultant (Resale Specialist, Location - DUBAI, UAE)

    Apex Capital Real EstateThane, IN
    Monday to Friday 9 : 00 AM to 6 : 00 PM.Control Tower, Motor City, Dubai – United Arab Emirates (UAE).We are looking for ambitious and results-driven Property Sales Consultants who are passionate about...Show moreLast updated: 1 day ago
    • Promoted
    Insurance Underwriting Specialist

    Insurance Underwriting Specialist

    ConfidentialMumbai, India
    Insurance Underwriting Specialist.Job Title : Insurance Underwriting Specialist.Bachelor&aposs degree in Agriculture, Risk Management, Insurance, or a related field. We are seeking an experienced Agr...Show moreLast updated: 28 days ago
    • Promoted
    Underwriter property – Insurance Broking

    Underwriter property – Insurance Broking

    Consult SPMumbai, Maharashtra, India
    Job Description : Lead Specialist / Deputy Manager / Manager – Insurance Broking.We are seeking a talented professional to join our. This position involves supporting onshore broking teams across cli...Show moreLast updated: 30+ days ago
    • Promoted
    ▷ (Only 24h Left) Underwriter property – Insurance Broking

    ▷ (Only 24h Left) Underwriter property – Insurance Broking

    Consult SPMumbai, Maharashtra, India
    Job Description : Lead Specialist / Deputy Manager / Manager – Insurance Broking We are seeking a talented professional to join our Insurance Broking team. This role can be based in Mumbai or Pune w...Show moreLast updated: 15 days ago
    • Promoted
    Mortgage Underwriter

    Mortgage Underwriter

    AVY TechnologiesMumbai, India
    About the Role : We are looking for experienced Mortgage Underwriters to join our growing team supporting a leading US-based client. The ideal candidate will have strong expertis...Show moreLast updated: 10 days ago
    • Promoted
    • New!
    ▷ Urgent : Senior Underwriter

    ▷ Urgent : Senior Underwriter

    FirstsourceMumbai, Maharashtra, India
    Firstsource Solutions is a leading provider of customized Business Process Management (BPM) services.Firstsource specializes in helping customers stay ahead of the curve through transformational so...Show moreLast updated: less than 1 hour ago
    • Promoted
    Underwriter, Shared Services

    Underwriter, Shared Services

    ConfidentialNavi Mumbai, Mumbai, India
    SitusAMC is where the best and most passionate people come to transform our client's businesses and their own careers.Whether you're a real estate veteran, a passionate technologist, or looking to ...Show moreLast updated: 28 days ago
    • Promoted
    Operations Associate- Garage allocations (6-Month Contract) (Remote- India)

    Operations Associate- Garage allocations (6-Month Contract) (Remote- India)

    hotsourcedThane, IN
    Remote
    Do you have experience managing complaints directly from customers in a B2C start-up environment for the UK or other Western market?. Looking for a new challenge where you can see the real impact of...Show moreLast updated: 14 days ago
    • Promoted
    Underwriter

    Underwriter

    WNSdombivli, maharashtra, in
    The Mortgage underwriting associate evaluate and determine the eligibility of loan applications of residential mortgage 1 to 4 family loans. Mortgage underwriting associate role includes but not lim...Show moreLast updated: 4 days ago
    • Promoted
    Commercial Advisor

    Commercial Advisor

    kimbocorpKalyan-Dombivli, IN
    Commercial Advisor – Build Million-Dollar Holding Companies from Your Jurisdiction.Freelance with strong potential for retainer or fixed compensation. USD 3,000 to 20,000+ per month (performance-bas...Show moreLast updated: 30+ days ago