2,609 Underwriter jobs in India

Job Description

• Graduates & above
• Minimum 2 year of experience into Live Underwriting.
• Should have worked in all the 4 c's
• Should be good with income calculation & asset review
• Sound knowledge of US Residential mortgage.
• Exposure of Underwriting processes & guidelines.
• Excellent critical thinking, problem solving and sound judgment.
• Analysis and Calculation of qualifying income from Salaried various tax documents such as 1040s, Schedule E, 1065, 1120, 1120S, K1, transcripts, etc

Join our team if you're passionate about the industry and possess the skills listed below.

Requirements:

Minimum 3 years of experience in US mortgage- live Underwriting.

Strong understanding of underwriting processes, mortgage products, and federal regulations

Excellent analytical, communication, and customer service skills.

Ability to thrive in a team-oriented environment.

Proficiency in relevant computer applications and software

Interview rounds

HR, Assessment, Ops and client round.

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Job Overview:

The Conventional Underwriter reviews, conditions and underwrites mortgage loans in accordance with established policies and procedures and appropriate guidelines; examines all documentation for accuracy and completeness.

Job Roles and Responsibilities:

• Review and analyze the mortgage loan application to ensure eligibility, accuracy, completeness, and compliance with internal and regulatory guidelines to minimize risk factors.
• Review all required loan data, reports, and inspections to ensure the collateral is acceptable to investor and the company.
• Responsible for making independent decisions regarding acceptance and risk of loans according to HUD, company, and investor guidelines.
• Provides final approval underwriting of mortgage loans.
• Completes all required paperwork and forms in a timely and accurate manner; prepares required forms.
• Sign off conditions in a timely manner set by management.
• Work with staff and management to find solutions on escalated loans.
• May be requested to make recommendations for improving Internal Audits policies and practices.
• Manage loans by using all functions of Encompass.
• Effectively communicate underwriting decisions with processors and advisors
• Maintain a high level of customer service and communication with other departments.
• Other duties as assigned.

Qualification & Experience

• Degree or Equivalent
• Minimum 3 years of experience in conventional/govt end to end underwriting.
• Well-versed with all 4Cs of Underwriting (Asset, Income, Credit and Collateral)

Regards,

Shankaran T

We are looking for a Non EB insurance manager for an Insurance Broking firm based in Delhi.

Job Role:

∙Overseeing underwriting & placements for assigned corporates.

To prepare RFQ and arrange the same from various insurance companies.

Placement of policy and after placement servicing including looking after claims Addition and deletion of employees in non EB Policies.

Preparing various reports required by the government Scrutinising claims

To service various corporates for claims and enrolment.

Coordinate agenda and prepared high-level notes and actions for team members

Manage all customer interactions, handling clients courteously to enhance satisfaction

Skill & other Requirements:

Education – Graduate/Post graduate in any stream

Additional qualifications in Insurance stream would be preferable

Sound product knowledge across all products – Property, Fire, Engineering

Ability to work independently and comfortable in engaging with CXOs of corporates

Self-driven, enthusiastic person with hunger to make it big.

CTC Offered upto 10 LPA

We are seeking a talented individual to join our Insurance Broking team. This role will be based in Mumbai / Pune. This is a hybrid role that has a requirement of working at least three days a week in the office.

Lead Specialist / Deputy Manager / Manager – Insurance Broking :

We’re seeking for an individual who is ready to assist the onshore broking team in all aspects of client

service, including client contact, administration, technical support and business development. Ensure the

accurate, efficient and timely production of all clients, insurer and policy related documentation across the insurance life cycle

Experience: 6+ Years

Location: Mumbai / Pune

Certification: Mandatory – CII, CPCU, etc

We will count on you to:

Account Management

• Assist the onshore broking team with the development, implementation and management of risk

management and insurance programs which accurately address client needs

• Assist the onshore broking team with the development and maintenance of effective long-term

relationships with key client decision makers through regular meetings and liaison

• Work with the onshore broking team to gain an understanding of the client's business, risk

management and insurance needs

• Implement renewal and broking strategies in accordance with instructions received from the

onshore broking team

• Actively assist the onshore broking teams with the development of additional business from their

existing portfolios and with the acquisition of new business.

• Assist the onshore broking teams with the implementation of appropriate account retention and

defence strategies

• Assist the onshore broking and claims teams with the negotiation of equitable claim settlements

on behalf of clients

• Monitor the accuracy and performance of outputs from the operations processing team

• Develop and maintain an understanding of new technologies and capabilities of the Company

• Participation in client/insurer meetings as required

Administration & Technical

• Consistently use the required IT Applications to maintain compliance, accuracy and workload,

contributing to resource allocation and process improvement

• Ensure the timely and accurate production/processing of client transactions including but not

limited to:

o Premium and adjustment calculations

o Information and documentation for Pre-Renewal and Broking meetings

o Bespoke renewal reports and insurance manuals

o Certificates of currency

• Ensure the smooth functioning of transition of work between the broking business and the

operations team. This includes providing accurate and timely information to operations and

confirming the quality of the outputs returned to the broking team.

• Support effective working relationships with clients and insurers as required

• Ensure that accurate up to date records on all clients are always maintained

• Possess a thorough understanding of all major classes of insurance which the Company offers

to its clients

• Possess a thorough working knowledge of all aspects of the Insurance (Agents & Brokers) Act,

Insurance Contracts Act, Fire Services Levy, Stamp Duties, Worker's Compensation and other

relevant legislation

• Acquire and maintain an awareness of the client's business and insurance needs, noting all

briefing information provided by senior servicing and broking managers

• Develop and maintain a basic understanding of the core aspects of relevant Insurance and

related legislation

• Adhere strictly to the Company's Quality practices and other systems and procedures

• Comply fully with the Company's errors and omissions avoidance policy

• Other duties as may be required from time to time.

What you need to have?

• A Graduate with 6+ years of relevant experience

• Meet the training requirements of Tier 1 FSRA Compliance

• Prior experience in general insurance or financial lines within a broking or underwriting environment

preferred

• Degree in Insurance (or a related area) or Financial Services Diploma preferred

Key Competencies

• Collaboration – Acts as a connector between Broking and Operations, bring colleagues together to

bring the best of the enterprise to client solutions. Comfortable working both independently and as

part of a virtual team

• Initiative – Seeks out and acts on opportunities and calculated risks. Demonstrates a willingness

to take on increased responsibilities and displays the ability to act independently with minimal yet

appropriate reference back to manager/supervisor.

• Productivity & Efficiency – The efficient and timely completion of routine and assigned tasks to

support internal and external client demands and the implementation of major projects.

• Technology - Understands and effectively applies the Company’s specialized technology

resources to meet objectives and satisfy client needs.

• Organization – Considers future client needs and plans accordingly. Consistently operates with a

highly self-organized style to produce accurate work on time; organizes group tasks and resources

on behalf of the team; efficiently implements instructions delegated by manager/supervisor;

produces work with the confidence of manager/supervisor.

• Communication - Conveys written and verbal messages effectively to various audiences, adapting

approach as appropriate. Displays sound listening and comprehensive skills.

• Innovation - Develops new and alternative approaches to existing practices, creates new or

improved processes, solutions, products and services. Maintains an openness to experiment with

alternative approaches.

• Should be comfortable with 6.30 am – 3.30 pm

What makes you stand out?

• Meet the training requirements of Tier 1 FSRA Compliance

• Prior experience in general insurance or financial lines within a broking or underwriting

environment preferred

• Degree in Insurance (or a related area) or Financial Services Diploma preferred

Why join our team?

• We help you be your best through professional development opportunities, interesting work and

supportive leaders.

• We foster a vibrant and inclusive culture where you can work with talented colleagues to create

new solutions and have impact for colleagues, clients and communities.

• Our scale enables us to provide a range of career opportunities, as well as benefits and rewards to enhance your well-being.

We are hiring for Underwriter's for the leading Insurance company in Chennai.

Experience: Minimum 1 year

Education: Any graduates/ Allied science

Salary: Between 21k to 25k(10% TDS will be deducted)

(Food and accommodation are not provided)

Languages: Should know any North Indian Languages(Hindi/Bengali/Marathi/ Gujarati)

Work Mode: Work from Office(Royapettah)

• Review insurance applications for compliance and adherence
• Assess clients' background information and financial status
• Liaise with specialists to gather information and opinions
• Weight loss exposures and determine underwriting alternatives
• Draw up a quotes for competitive insurance premiums
• Negotiate and define the specific terms of insurance policies with brokers or policyholders
• Keep detailed records of policies underwritten and decisions made
• Balance between mass and homogeneity of risks to achieve predictability of future results
• Develop and maintain a profitable book of business for the insurer
• Follow applicable insurance laws

Interested candidates may forward your resume to

Job Type: Full-time

Pay: ₹300, ₹350,000.00 per year

Benefits:

• Food provided

Work Location: In person

Speak with the employer

Company : Kataria Business Insurance

Location : Marine Lines

Key Responsibilities:

• Assess and analyze fire and property insurance risks submitted by clients or brokers.
• Evaluate risk exposure using underwriting guidelines, past claims history, site inspections, and other relevant data.
• Determine appropriate coverage terms, conditions, premiums, and endorsements.
• Liaise and negotiate with insurance companies to obtain competitive quotes and coverage for clients.

Job Type: Full-time

Pay: ₹30, ₹60,000.00 per month

Application Question(s):

• Do you have experience of Fire / Property Insurance Underwriting?

Work Location: In person

• Review and evaluate insurance applications for various types of policies.
• Assess risk factors associated with each applicant and determine the insurability.
• Calculate appropriate premiums based on risk assessment and company guidelines.
• Set terms and conditions for insurance policies, ensuring compliance with regulations.
• Analyze financial, medical, and other relevant documentation.
• Communicate effectively with insurance agents, brokers, and clients regarding policy details and decisions.
• Maintain accurate records of underwriting decisions and policy information.
• Stay informed about industry trends, regulatory changes, and market conditions.
• Collaborate with claims adjusters and legal teams when necessary.
• Identify opportunities to improve underwriting processes and efficiency.
• Adhere to ethical standards and company policies.

• Proven experience as an Insurance Underwriter or in a similar role.
• Solid understanding of insurance products, underwriting principles, and risk assessment.
• Excellent analytical and decision-making skills.
• Strong attention to detail and accuracy.
• Proficiency in using underwriting software and databases.
• Effective communication and interpersonal skills.
• Bachelor's degree in Insurance, Finance, Business Administration, or a related field.
• Relevant professional certifications (e.g., FLMI, ACII) are a strong asset.
• Ability to interpret complex data and make sound judgments.
• Experience with specific lines of insurance (e.g., life, health, property, casualty) is beneficial.