What Jobs are available for Underwriter in Delhi?

Job Title: Credit underwriter

Experience: 5+ Years

Salary: 25-30 LPA

Location: Green Park (South Delhi)

Working Days: 5 Days

Job/role description 

- strong analytical mindset with strong financial analysis aptitude 

- capability to analyze case 360 degrees from promoter, group and project level diligence 

- understanding about stat and legal due diligence 

- smartness to handle client and internal teams and bridge the gap between the management and deployment requirements 

- ability to make proposal notes covering all the diligence 

- undertaking diligence of the investee companies 

- transaction structuring with risk assessment and mitigating risks with building proper terms and conditions

- engaging with third party values and lawyers for transaction execution 

- navigating transactions with lawyers and investee companies to not compromise on risk yet completing the transaction. 

- post transaction compliance tracking for perfecting transaction related securities and risk management 

- transaction monitoring and tracking and legal follow ups with clients. 

- recovery and collection follow up with clients and taking legal actions in coordination with legal counsel for recovery.

Qualification:

- ca/cost accountant preferred 

- MBA finance/finance degrees 

- Prior experience of ncd, listed capital market debt products preferred.

Experience - 5 yrs+ 

- Credit roles with banks, senior credit roles in hdfc/ kotak / icici /sbi banks specially preferred. 

- Experience in structured debt products preferred, corporate credit roles preferred. Solely retail loans not preferred. 

- Experience with non convertible debentures, optionally converted debentures preferred 

- Experience in collection/recoveries, and should be adept in management of transaction along with client handling and risk assessment. 

Skills expected:

- risk assessment 

- Analytical mindset 

- sharp on picking up small clues 

- self motivation (since small team) 

- independent handling of situations 

- strong knowledge of financial products and irr concepts 

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• Analyze insurance applications to assess risks and exposures.
• Determine the eligibility of applicants and set appropriate terms, conditions, and premiums.
• Develop and maintain a thorough understanding of various insurance products and market trends.
• Communicate effectively with agents, brokers, and policyholders to gather information and explain underwriting decisions.
• Ensure compliance with company policies, procedures, and regulatory guidelines.
• Review and manage a portfolio of existing policies, making adjustments as necessary.
• Collaborate with the claims department to provide underwriting insights on complex cases.
• Contribute to the development and refinement of underwriting guidelines and strategies.
• Mentor and train junior underwriters.

• Bachelor's degree in Finance, Economics, Business Administration, or a related field.
• Extensive experience as an Insurance Underwriter, with a specialization in a specific line of insurance (e.g., property, casualty, life).
• Strong knowledge of underwriting principles, risk assessment techniques, and insurance regulations.
• Excellent analytical, quantitative, and decision-making skills.
• Proficiency in underwriting software and Microsoft Office Suite.
• Strong negotiation and communication skills.
• Ability to work independently and as part of a team.
• Relevant professional designations (e.g., CPCU, AU) are highly desirable.

• Analyze insurance applications to assess risk exposure and determine policy eligibility.
• Evaluate financial data, loss history, and other relevant information to make informed underwriting decisions.
• Calculate and set appropriate premium rates to ensure profitability and competitiveness.
• Define policy terms, conditions, and coverage limits based on risk assessment.
• Ensure compliance with all applicable insurance laws, regulations, and company underwriting guidelines.
• Maintain accurate and detailed records of underwriting decisions and justifications.
• Collaborate with agents, brokers, and claims adjusters to gather necessary information and clarify policy details.
• Develop and maintain strong relationships with external stakeholders.
• Identify emerging risks and trends within the insurance market.
• Contribute to the development and refinement of underwriting policies and procedures.
• Provide guidance and mentorship to junior underwriters.
• Review and approve complex or non-standard policy applications.

• Bachelor's degree in Business Administration, Finance, Economics, or a related field.
• Minimum of 5-7 years of experience in insurance underwriting, with a specialization in a relevant line of business (e.g., property, casualty, life, health).
• In-depth knowledge of insurance products, underwriting principles, risk assessment techniques, and regulatory requirements.
• Strong analytical, quantitative, and decision-making skills.
• Proficiency in underwriting software and MS Office Suite.
• Excellent communication, negotiation, and interpersonal skills.
• Ability to work independently and manage a high volume of applications in a remote environment.
• Professional designations such as CPCU (Chartered Property Casualty Underwriter) or equivalent are highly preferred.
• A keen eye for detail and commitment to accuracy.
• Proven ability to manage risk effectively.

• Evaluate and underwrite insurance applications for various lines of business (e.g., property, casualty, life).
• Assess risks associated with applications, considering factors like financial stability, historical data, and market conditions.
• Determine appropriate policy terms, conditions, and premium rates to ensure profitability and competitiveness.
• Review and interpret complex insurance data, financial statements, and risk assessments.
• Adhere to underwriting guidelines, regulatory requirements, and company policies.
• Collaborate with agents, brokers, and other stakeholders to gather necessary information and provide clarity on underwriting decisions.
• Develop and maintain strong relationships with clients and intermediaries.
• Identify emerging risks and trends in the insurance market.
• Provide guidance and mentorship to junior underwriters.
• Contribute to the development and refinement of underwriting strategies and processes.

• Bachelor's degree in Finance, Economics, Business Administration, or a related field.
• Minimum of 5-7 years of experience in insurance underwriting.
• Proven expertise in risk assessment and analysis within the insurance industry.
• Strong understanding of insurance products, policy structures, and underwriting principles.
• Excellent analytical, quantitative, and problem-solving skills.
• Proficiency in using underwriting software and data analysis tools.
• Strong decision-making abilities and attention to detail.
• Excellent written and verbal communication skills.
• Ability to work effectively both independently and as part of a team in a hybrid setting.
• Relevant professional certifications (e.g., CPCU, ARM) are highly desirable.

• Analyze and evaluate insurance applications, including financial statements, medical reports, and loss history, to determine insurability and risk levels.
• Calculate and quote premium rates based on risk assessment, market conditions, and company guidelines.
• Develop and maintain strong relationships with brokers and agents, providing them with expert advice and support.
• Stay abreast of industry trends, regulatory changes, and new product developments to ensure underwriting practices remain competitive and compliant.
• Collaborate with claims and actuarial departments to provide insights into risk trends and pricing strategies.
• Train and mentor junior underwriters, fostering a culture of continuous learning and development within the team.
• Contribute to the development and refinement of underwriting policies and procedures.
• Ensure adherence to all legal and regulatory requirements in underwriting practices.
• Communicate effectively with policyholders and internal stakeholders regarding underwriting decisions.
• Participate in cross-functional projects to enhance product offerings and risk management strategies.

• Bachelor's degree in Finance, Economics, Business Administration, or a related field.
• Minimum of 5 years of experience in insurance underwriting, with a proven track record in a specific line of business (e.g., property, casualty, life, health).
• Strong analytical and decision-making skills, with the ability to interpret complex data.
• Excellent understanding of insurance principles, risk management, and relevant legal/regulatory frameworks.
• Proficiency in underwriting software and Microsoft Office Suite.
• Exceptional communication, negotiation, and interpersonal skills.
• Ability to work independently and manage time effectively in a remote environment.
• Professional certifications such as ACII, FLMI, or equivalent are a plus.
• Experience with data analysis tools and techniques is desirable.
• A proactive approach to problem-solving and a commitment to achieving business objectives.

• Bachelor's degree in Finance, Economics, Business, or a related field.
• Minimum of 6 years of experience in insurance underwriting.
• In-depth knowledge of underwriting principles, insurance products, and risk assessment techniques.
• Proven ability to analyze complex data and make informed decisions.
• Excellent communication, negotiation, and interpersonal skills.
• Professional insurance certifications (e.g., ACII, FLMI) are a strong plus.
• Demonstrated ability to work independently and manage a remote workload effectively.