Retail Underwriter

As a Retail Underwriter at our company, you will play a crucial role in evaluating, assessing, and processing retail insurance proposals across various lines of general insurance such as motor, health, travel, home, and personal accident insurance. Your responsibilities will include reviewing proposals, coordinating with insurers, analyzing risk profiles, negotiating terms, and ensuring timely policy issuance while upholding underwriting standards.

Key Responsibilities:

• Review and assess retail insurance proposals from sales teams and clients.
• Evaluate risk factors and determine suitable insurance coverage options.
• Coordinate with insurance companies for quotations, underwriting approvals, and policy issuance.
• Compare insurer offerings and recommend appropriate coverage based on customer needs.
• Negotiate premiums, terms, and conditions with insurers as required.
• Ensure compliance with underwriting guidelines, regulatory requirements, and company policies.
• Monitor policy issuance, endorsements, renewals, and cancellations.
• Maintain accurate records of quotations, proposals, and policy documents.
• Provide product knowledge and underwriting guidance to sales and relationship management teams.
• Analyze claim history and risk exposure to support underwriting decisions.
• Assist in developing underwriting processes and service standards.
• Track turnaround times and ensure timely completion of underwriting activities.

Required Skills

• Strong understanding of general insurance products and underwriting principles.
• Knowledge of insurance market practices and insurer underwriting guidelines.
• Excellent analytical and risk assessment skills.
• Strong negotiation and communication abilities.
• Proficiency in Microsoft Excel, Word, and insurance management systems.
• Attention to detail and accuracy in documentation.
• Ability to manage multiple tasks and meet deadlines. As a Retail Underwriter at our company, you will play a crucial role in evaluating, assessing, and processing retail insurance proposals across various lines of general insurance such as motor, health, travel, home, and personal accident insurance. Your responsibilities will include reviewing proposals, coordinating with insurers, analyzing risk profiles, negotiating terms, and ensuring timely policy issuance while upholding underwriting standards.

Key Responsibilities:

• Review and assess retail insurance proposals from sales teams and clients.
• Evaluate risk factors and determine suitable insurance coverage options.
• Coordinate with insurance companies for quotations, underwriting approvals, and policy issuance.
• Compare insurer offerings and recommend appropriate coverage based on customer needs.
• Negotiate premiums, terms, and conditions with insurers as required.
• Ensure compliance with underwriting guidelines, regulatory requirements, and company policies.
• Monitor policy issuance, endorsements, renewals, and cancellations.
• Maintain accurate records of quotations, proposals, and policy documents.
• Provide product knowledge and underwriting guidance to sales and relationship management teams.
• Analyze claim history and risk exposure to support underwriting decisions.
• Assist in developing underwriting processes and service standards.
• Track turnaround times and ensure timely completion of underwriting activities.

Required Skills

• Strong understanding of general insurance products and underwriting principles.
• Knowledge of insurance market practices and insurer underwriting guidelines.
• Excellent analytical and risk assessment skills.
• Strong negotiation and communication abilities.
• Proficiency in Microsoft Excel, Word, and insurance management systems.
• Attention to detail and accuracy in documentation.
• Ability to manage multiple tasks and meet deadlines.