Role &amp; responsibilities 
<ul>
<li style="margin-left:0px;">Underwriting &amp; Risk Assessment • Evaluate risks and assess RFQs for Fire, Marine, Workmen Compensation (WC), Liability, and Engineering insurance proposals. • Work closely with insurers to ensure competitive pricing and optimal coverage. </li>
<li style="margin-left:0px;">Placement &amp; Negotiation • Fetch Quotes from insurer Portals and prepare QCRs. • Liaise with multiple insurers and obtain competitive quotes, if not available on Insurer Portals. • Negotiate policy terms, conditions, and premium rates with Insurer underwriters. • Ensure timely issuance of policies and renewals. </li>
<li style="margin-left:0px;">Technical Expertise &amp; Insurer Portals • Work on insurer portals for policy issuance and underwriting approvals. • Keep track of insurer guidelines and regulatory changes affecting policy placements. </li>
<li style="margin-left:0px;">Underwriting &amp; Risk Analysis • Assess client requirements for Group Medical Cover (GMC), Group Personal Accident (GPA), and Group Term Life (GTL) insurance. • Work with insurers to structure customized employee benefits solutions. </li>
<li style="margin-left:0px;">Placement &amp; Negotiation • Obtain and compare multiple quotes for EB insurance from insurer Portals &amp; Raters. • Ensure best-in-class coverage at competitive rates for our Partners/clients. • Handle renewals and policy servicing in coordination with insurers. </li>
<li style="margin-left:0px;">Insurer Portals &amp; Documentation • Utilize insurer portals for proposal submission &amp; policy issuance • Maintain records of quotes, underwriting decisions, and policy placements. </li>
</ul>
Preferred candidate profile 
• Industry Knowledge Strong understanding of Non-EB (Fire, Marine, WC, Liability, Engineering) &amp; EB (GMC, GPA, GTL) insurance products.

• Negotiation Skills Ability to secure the best terms and pricing from insurers.

• Insurer Portals Expertise Hands-on experience with insurer portals for underwriting and placements.

• Analytical Thinking – Ability to assess risks and recommend suitable coverage.

• Communication &amp; Coordination – Above-average verbal and written communication skills for interacting with clients and insurers.

• Broker Experience – Candidates with prior experience in an insurance brokers will be preferred.

Underwritting Executive in Gurugram (UID-7770)

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Job Description for Underwritting Executive

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