Underwriting Associate - Motor Insurance

Department Icon Insurance- General Insurance
Posted: 1 year ago
1-2 years
Bangalore
Insurance- General Insurance
Work From Home
Full Time
Upto ₹0 - ₹0

Posted: 1 year ago
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Posted over 15 days ago, so the role may have closed. Confirm on the employer's page when you apply, or see similar jobs.

Job Description

What role you will play in team:Assessing risk and making sound underwriting decisions for motor insurance policies.

What you will do:Reviewing applications, assessing risk profiles and making sound recommendations for approvals or rejections.

Key responsibility:

  • Analyze motor insurance applications to determine risk levels and pricing.
  • Apply underwriting guidelines and procedures consistently.
  • Collaborate with sales teams to answer queries and provide guidance.
  • Maintain accurate records of underwriting decisions and justifications.
  • Identify and mitigate potential risks to minimize claim payouts.
  • Contribute to the development and improvement of underwriting processes.

Required Qualification and Skills:

  • Bachelor's degree in Insurance, Finance or related field.
  • Strong understanding of motor insurance principles.
  • Good analytical and problem-solving skills.
  • Attention to detail and accuracy.
  • Excellent communication skills

Benefits Included:

  • Competitive salary and benefits.
  • Professional development opportunities.
  • Health insurance.
  • Paid time off.

A Day in the Life: Reviewing applications, analyzing risk profiles, communicating with sales teams, and maintaining accurate records.

Skills

UnderwritingRisk AssessmentMotor InsuranceInsurance PrinciplesCommunication

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About Company

Aditya Birla Capital Limited (ABCL) is a diversified financial services conglomerate in India. It offers a wide range of financial products and services across various sectors.

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