Senior Underwriter
Allianz
Posted on 5 Sep
Send me Jobs like this
Nationality
Any Nationality
Gender
Not Mentioned
Vacancy
1 Vacancy
Job Description
Roles & Responsibilities
- Execute policy administration and file management by maintaining policy transactions, billing, renewals, and terminations using system applications and standardized forms to ensure accurate documentation and efficient processing.
- Develop and maintain reinsurance requests for new and renewed business by compiling necessary documentation and coordinating with relevant stakeholders to secure appropriate risk coverage.
- Follow up on underwriting administration activities by tracking deadlines, ensuring compliance with procedures, and maintaining service level agreements to enhance operational efficiency and service quality.
- Prepare and formalize insurance documentation by generating quotations, premium receipts, and policy documents, ensuring proper authorization, signature, and filing for record-keeping and compliance.
- Support sales teams and brokers by handling client correspondences, providing technical assistance, and preparing sales performance reports to optimize business development and client satisfaction.
- Implement pricing guidelines and classification standards by following the approved pricing lists, discount structures, and group pricing tools to ensure fairness and profitability in risk assessment.
- Maintain accurate underwriting data and IT systems by ensuring complete risk information is recorded, testing system enhancements, and updating electronic records to support operational accuracy and reporting.
- Implement group underwriting requirements by adhering to referral protocols, group guidelines, and compliance frameworks to ensure alignment with corporate policies and best practices.
- Conduct risk assessment and underwriting governance by evaluating claims history, policy terms, and acceptance criteria to ensure adherence to underwriting guidelines and risk appetite.
- Ensure policy issuance quality control by verifying that terms and conditions are accurately reflected, issuing policies in a timely manner, and complying with regulatory requirements to uphold service excellence and governance standards.
Desired Candidate Profile
- 5 years of experience in the insurance industry, with a preference for underwriting
- Bachelor s degree in business administration, Finance, Economics, Accounting or a related field
- Professional certifications in underwriting (e.g., CII, CPCU, or equivalent) are an advantage
Company Industry
- Insurance
Department / Functional Area
- Insurance
- Underwriting
- Surveying
- Actuary
Keywords
- Senior Underwriter
Disclaimer: Naukrigulf.com is only a platform to bring jobseekers & employers together. Applicants are advised to research the bonafides of the prospective employer independently. We do NOT endorse any requests for money payments and strictly advice against sharing personal or bank related information. We also recommend you visit Security Advice for more information. If you suspect any fraud or malpractice, email us at abuse@naukrigulf.com