About Me
Insurance Underwriter
- Extensive experience of XX years inexamining insurance proposals; collecting background information and assessments of risk; analysingstatistical data using specialist computer programmes; determining premiums; preparing insurance policy terms and conditions
- Skilled in evaluating the possibility of losses due to catastrophe or excessive insurance; examining documents to determine degree of risk from such factors as applicant financial standing and value and condition of property
- Deft in reviewing company records to determine amount of insurance in force on single risk or group of closely related risks; writing to field representatives,medical personnel, and others to obtain further information, quote rates, or explain company underwriting policies
- Effectively communicate financial data and information; leverage advanced skills and knowledge to succeed as an insurance underwriter
Education
Bachelor of Arts, BBA
ABC College
BBA
Delhi, Delhi
Completed, May 2003
Work Experience
July 2004 - August 2010
Insurance Underwriter
XYZ Ltd
Delhi, Delhi
Key Result Areas:
- Study insurance proposals; decide whether the risk should be shared with a reinsurer
- Gather and assess background information, including reports and medical records from specialists where appropriate, in order to effectively assess the risk involved
- Calculate possible risk and decide on the premium -how much individuals or organisations should pay for insurance
- Visit brokers or potential customers and preparequotes; write policies and help with policy wording
- liaise with specialists, such as surveyors or doctors, for risk assessment, and develop good working relationships with brokers
- Negotiate terms with policyholders or their brokers and draw up contracts
- Ensure that premiums are competitive and that accounts remain profitable
- Specify conditions to be imposed on different types of policies, for example, asking that a property owner install a security alarm
- Keep detailed and accurate records of policies underwritten and decisions made.
- Authorize reinsurance of policy when risk is high; decline excessive risks
Key Highlights:
- Any existing systems/ processes streamlined???? Results obtained????Major assignments handled????
- Any unique initiative taken to improve customer satisfaction level? Any major accounts/clients handled?
- Awards/appreciation letters received???? Other relevant achievements????
September 2010 - Current
Insurance Underwriter
ABCD Ltd
Delhi, Delhi
Key Result Areas:
- Reviewed insurance applications for compliance and adherence
- Assessed clients’ background information and financial status
- Liaised with specialists to gather information and opinions
- Negotiated and defined the specific terms of insurance policies with brokers or policyholders
- Kept detailed records of policies underwritten and decisions made
- Balanced between mass and homogeneity of risks to achieve predictability of future results
- Developed and maintained a profitable book of business for the insurer
- Followed-up applicable insurance laws
KeyHighlights:
- Any existing systems/ processes streamlined???? Results obtained????Major assignments handled????
- Any unique initiative taken to improve customer satisfaction level???? Any major accounts/clients handled???
- Awards/appreciation letters received???? Other relevant achievements????
Computer Proficiency
Operating Systems
- MS Office – Word, Excel and PowerPoint
Software
- Internet Applications
Languages
- English
- Hindi
Personal Details
- Birthday:October 01, 1981
