Trainee Underwriter

About the company

Commercial lines, personal lines and specialty programs are run as separate business units. Agents, brokers and direct customers all buy through our platforms, with policy administration on Guidewire. Most of the office has been here more than ten years.

This is a new role. The team has doubled in size over the past year. We want an underwriter who can say no clearly and say yes with the right terms. Remote within Pakistan. The team meets in Lahore once a quarter, travel covered. We do not have many meetings. Most updates happen in writing.

Responsibilities

• Track production, hit ratio and loss ratio for your book monthly
• Visit agencies to build relationships and explain our appetite
• Follow underwriting guidelines and state filing requirements
• Refer accounts above your authority with a clear recommendation
• Price accounts using rating tools in Guidewire PolicyCenter and underwriting judgment
• Negotiate terms, deductibles and pricing with agents
• Mentor underwriting assistants and trainees
• Quote, bind and issue policies within your letter of authority

Qualifications

• Comfortable negotiating with agents
• Working knowledge of commercial property, liability and auto coverage forms
• Clear written underwriting rationale
• Experience reading loss runs, schedules and financial statements
• Bachelor's degree in business, finance, risk management or a related field
• Strong judgment on risk selection and pricing

Benefits

• Medical insurance
• Provident fund
• Paid leave
• Two bonuses a year
• Life insurance

Tell us your notice period and what salary you are looking for.

Start: Flexible.

Demo job created on 11jobs for testing and demonstrations. It is not an actual opening at Chestnutford Insurance.