• Opportunity for Insurance Underwriter Jobs in Mumbai,India - 24826171

  • G-Next Jobs
  • Save Job
  • 4 - 7 Years
  • Posted : above 1 month

Job Description:

  • Analyze information stated on insurance applications

  • Determine the risk involved in insuring a client

  • Screen applicants on the basis of set criteria

  • Evaluate recommendations from underwriting software

  • Contact field representatives, medical personnel, and others to obtain further information

  • Decide whether to offer insurance

  • Determine appropriate premiums and amounts of coverage

  • Review and update the rules that govern automation software

  • Underwriters are the main link between an insurance company and an insurance agent Insurance underwriters use computer software programs to determine whether to approve an applicant They take specific information about a client and enter it into a program The program then provides recommendations on coverage and premiums Underwriters evaluate these recommendations and decide whether to approve or reject the application If a decision is difficult, they may consult additional sources, such as medical documents and credit scores

    For simple and common types of insurance, such as automobile insurance, underwriters can typically rely on automated recommendations For more specific and complex insurance types, such as workers compensation, underwriters need to rely more on their own analytical insight

    Profile Summary:

    Employment Type : Full Time
    Eligibility : Any Graduate
    Industry : Banking, Insurance
    Functional Area : Banks/Insurance/Financial Services
    Role : Underwriter
    Salary : Rs 5.00 - 7.00 Lacs p.a.
    Deadline : 03rd May 2020

    Key Skills:

    People who search this job also searched for the following Keywords


    Salary trends based on over 1 crore profiles

    View Salaries

    All rights reserved © 2018 Wisdom IT Services India Pvt. Ltd DMCA.com Protection Status