Job Title: Underwriter – Motor
The Underwriter is responsible for evaluating and analyzing the risks involved in Motor insurance proposals- Private, commercial vehicle; Goods & Public carring vehicles, Misc. Vehicle etc. They ensure sound underwriting practices while working closely with insurers and clients to secure optimal coverage and terms.
Key Responsibilities:
1 Evaluate and assess insurance proposals as per IRDA underwriting guidelines and documentation for Motor insurance proposals- Private, commercial vehicle; Goods & Public carring vehicles, Misc. Vehicle etc.
2 Recommend suitable products, terms, and comparitive premiums to internal sales team/customers.
3 Coordinate with insurers for quote procurement, premium negotiations and policy issuance within TAT.
4 Ensure accuracy in documentation like proposal forms and endorsements.
5 Coordinate with internal teams – sales, operations, and claims – for smooth service delivery.
6 Maintain accurate underwriting records and reports.
7 Maintaining claim documentation for Private, commercial vehicle; Goods & Public carring vehicles, Misc. Vehicle etc.
Key Skills & Competencies:
1 Sound knowledge of underwriting practices across Motor products (including Private, commercial vehicle; Goods & Public carring vehicles, Misc. Vehicle etc).
2 Excellent verbal & written communication skills.
3 Excellent MS Office skills like advanced Excel, PowerPoint presentations.
4 Familiarity with IRDAI regulations and insurance systems.
Qualifications:
1 Preferably engineering or any Graduate & Insurance certifications like Licentiate / Associate from III will be preferred.
2. 2–5 years of underwriting experience in General Insurance company or Insurrance Broking Company .
3 freshers also can apply
salary:
Freshers -15000 in training period and after confirmation salary will be as per company norms.
Experienced based on last salary and range is 25000-35000 based on skill set