Underwriter (Legal & Compliance Focus)

As an Underwriter with a focus on Legal & Compliance, your role will involve supporting reinsurance and underwriting operations by reviewing reinsurance documents, interpreting legal aspects, and ensuring compliance to mitigate risks effectively.

Key Responsibilities:

• Review and vet various reinsurance documents such as cover notes, slips, policy wordings, and endorsements
• Validate coverage terms, limits, exclusions, and clauses for accuracy
• Ensure alignment between reinsurance documents and policy wordings
• Incorporate necessary amendments based on broker inputs and underwriting guidelines
• Interpret contracts in accordance with Indian/Mauritius legal frameworks
• Identify risks associated with non-disclosure and misrepresentation
• Assist in risk assessment and review documentation to support underwriting decisions
• Collaborate with brokers and stakeholders to seek clarifications and resolve queries efficiently

Qualifications & Skills:

• Graduation or Postgraduation in Law, Insurance, or Finance (LLB preferred)
• Prior experience in policy drafting, vetting, or reinsurance
• Strong skills in contract interpretation and analysis
• Knowledge of financial lines products is advantageous

In addition to the above details, the company provides a monthly compensation ranging from 14,000.00 to 35,000.00 along with health insurance benefits. The work location is in person at Mumbai (Dadar).

Please note: The company values individuals with a legal and compliance focus who can contribute effectively to the reinsurance and underwriting operations while upholding accuracy and risk mitigation standards. As an Underwriter with a focus on Legal & Compliance, your role will involve supporting reinsurance and underwriting operations by reviewing reinsurance documents, interpreting legal aspects, and ensuring compliance to mitigate risks effectively.

Key Responsibilities:

• Review and vet various reinsurance documents such as cover notes, slips, policy wordings, and endorsements
• Validate coverage terms, limits, exclusions, and clauses for accuracy
• Ensure alignment between reinsurance documents and policy wordings
• Incorporate necessary amendments based on broker inputs and underwriting guidelines
• Interpret contracts in accordance with Indian/Mauritius legal frameworks
• Identify risks associated with non-disclosure and misrepresentation
• Assist in risk assessment and review documentation to support underwriting decisions
• Collaborate with brokers and stakeholders to seek clarifications and resolve queries efficiently

Qualifications & Skills:

• Graduation or Postgraduation in Law, Insurance, or Finance (LLB preferred)
• Prior experience in policy drafting, vetting, or reinsurance
• Strong skills in contract interpretation and analysis
• Knowledge of financial lines products is advantageous

In addition to the above details, the company provides a monthly compensation ranging from 14,000.00 to 35,000.00 along with health insurance benefits. The work location is in person at Mumbai (Dadar).

Please note: The company values individuals with a legal and compliance focus who can contribute effectively to the reinsurance and underwriting operations while upholding accuracy and risk mitigation standards.