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.

Role overview:

The role is new and comes from growth in our client base. This role balances growth with profitability. You will be measured on new business, retention and loss ratio. Fully remote. You can work from anywhere in Nepal. Monday to Friday, regular working hours, flexible start and finish.

Day to day:

• Mentor underwriting assistants and trainees
• Document underwriting decisions in the policy file
• Re-underwrite renewals for loss trends, exposure changes and rate adequacy
• Follow underwriting guidelines and state filing requirements
• Quote, bind and issue policies within your letter of authority
• Track production, hit ratio and loss ratio for your book monthly
• Visit agencies to build relationships and explain our appetite
• Price accounts using rating tools in Guidewire PolicyCenter and underwriting judgment

You'll need:

• 1+ years of commercial lines underwriting experience
• Comfortable negotiating with agents
• Able to travel up to 20% for agency visits
• Working knowledge of commercial property, liability and auto coverage forms
• Bachelor's degree in business, finance, risk management or a related field

What we offer:

Pay: NPR 31,000 - NPR 42,000 a month

• Medical insurance
• Paid leave
• Learning budget
• Internet allowance
• Social Security Fund contribution

Start: Immediately.

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