Trainee Underwriter

About us:

Customers get quotes from several carriers at once, and we handle renewals and policy changes. Since 1991, the agency has placed crop and farm coverage across Bagmati Province. Licensing (property and casualty, life and health) is paid for, with study time during work hours.

Overview:

Valley Insurance Services is a regional property and casualty carrier. You will underwrite a book of about $15M in written premium. Fully remote. You can work from anywhere in Nepal. Monday to Friday, regular working hours, flexible start and finish.

Main duties:

• Quote, bind and issue policies within your letter of authority
• Refer accounts above your authority with a clear recommendation
• Re-underwrite renewals for loss trends, exposure changes and rate adequacy
• Price accounts using rating tools in Guidewire PolicyCenter and underwriting judgment
• Follow underwriting guidelines and state filing requirements
• Negotiate terms, deductibles and pricing with agents
• Track production, hit ratio and loss ratio for your book monthly

Who you are:

• 0-2 years of commercial lines underwriting experience
• Comfortable negotiating with agents
• Strong judgment on risk selection and pricing
• Able to travel up to 20% for agency visits

Preferred qualifications:

• Construction or manufacturing account experience

Compensation and benefits:

Compensation: NPR 31,000 - NPR 36,000 per month

• Medical insurance
• Company laptop
• Learning budget
• Social Security Fund contribution
• Paid leave
• Dashain bonus

Only shortlisted candidates will be contacted.

Candidates must be eligible to work in Nepal.

Start: Immediately.

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