Underwriting Assistant

💰 ₹28,800 - ₹46,080 (Est.) 📍 Mumbai 🕐 2 days ago

Job Description

Full job description
Position Summary:
The Underwriting Operations Associate provides technical rating and policy issuance support for routine to moderately complex transactions in underwriting. They work closely with agents, process mid-term premium and non-premium bearing endorsements, and ensure compliance with underwriting policies and procedures.
Location:
Mumbai - India
What will your job entail?
Working in collaboration with the USA and UK underwriting teams, this role will involve completing tasks that assist in the pre and post placement underwriting activity of property, casualty & environmental insurance.
Specific tasks will include:
Updating data for insureds in our underwriting systems based on the applications received from the brokers, for various business types
Communicating with the underwriters & brokers to request missing information needed for underwriting new and renewal accounts
Maintaining active and renewal accounts in the system
Checking the policy produced to ensure it is in standard format
Adding and issuing mid-term endorsements for certain policy changes
Assisting the underwriters in processing new and renewal policies in some carrier systems
Follow up for late payments from brokers and liaising with underwriting when necessary
Working with Accounts Receivable to resolve all reconciliation differences, unmatched cash items and posting of items onto bordereaux /monthly account statements
Skills Required:
Strong analytical and interrogative capability
Excellent inter-personal skills
Excellent English communication skills, both oral and written
An ability to work methodically and accurately
An ability to work under pressure and to deadlines
An ability to work independently reaching out for support when required
A willingness to learn and evolve as the work grows and evolves
Teamwork is a big part of life here, so you must be someone who loves taking a collaborative approach and who can recognise and acknowledge the contribution of others
An inquisitive nature.
You will either be a recent graduate with a relevant degree or have worked in insurance for a couple of years.
Disclaimer
Ryan Specialty is an Equal Opportunity Employer. We are committed to building and sustaining a diverse workforce throughout the organization. Our vision is an inclusive and equitable workplace where all employees are valued for and evaluated on their performance and contributions. Differences in race, creed, color, religious beliefs, physical or mental capabilities, gender identity or expression, ****** orientation, and many other characteristics bring together varied perspectives and add value to the service we provide our clients, trading partners, and communities. This policy extends to all aspects of our employment practices, including but not limited to, recruiting, hiring, discipline, firing, promoting, transferring, compensation, benefits, training, leaves of absence, and other terms, conditions, and benefits of employment.
 

💡 Quick Summary

Seeking a career-building opportunity? The Underwriting Assistant position is now open for candidates interested in the Content Writer Jobs sector. This role in Mumbai offers a professional environment and growth potential.

Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Content Writer Jobs is a plus.

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Job Details

Company Name: Ryan Specialty

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The expected salary for Underwriting Assistant in Mumbai is ₹28,800 - ₹46,080 (Est.) per month. Actual compensation may vary based on experience and negotiation.
No, Underwriting Assistant is an on-site position based in Mumbai. Candidates must be able to commute or relocate to this location.
Basic communication skills, a proactive attitude, and the ability to work in a team are required for Underwriting Assistant. Previous experience in Content Writer Jobs is a plus. Freshers may also apply depending on the employer's requirements.
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