Insurance Underwriter

We are seeking a meticulous Insurance Underwriter to assess the risk factors of potential clients and establish coverage terms.The ideal candidate will be responsible for implementing guidelines that ensure a balanced ratio of favorable risks, minimizing claim costs, and enabling the company to provide insurance at a competitive price.This role requires a comprehensive understanding of risk analysis, the ability to analyze data, and make informed decisions.By effectively managing risk, the Insurance Underwriter plays a crucial role in maintaining the financial stability and profitability of the company.

Responsibilities

Review insurance applications for compliance and adherenceAssess clients background information and financial statusLiaise with specialists to gather information and opinionsWeight loss exposures and determine underwriting alternativesDraw up a quotes for competitive insurance premiumsNegotiate and define the specific terms of insurance policies with brokers or policyholdersKeep detailed records of policies underwritten and decisions madeBalance between mass and homogeneity of risks to achieve predictability of future resultsDevelop and maintain a profitable book of business for the insurerFollow applicable insurance lawsThis job is provided by Shine.com