Trainee Underwriter

Our claims organisation handles more than 400,000 claims a year, including catastrophe response after hurricanes and hail. We started in 1973 and have grown to about 420 people. Hail season means long days for field adjusters.

Overview:

We're looking for a Trainee Underwriter to join our team. This is a remote role. This role balances growth with profitability. You will be measured on new business, retention and loss ratio. You can work from home anywhere in India. We have no office requirement. Normal working hours, Monday to Friday. We talk mostly in Slack and hop on quick calls when something needs discussing.

What you'll do:

• Visit agencies to build relationships and explain our appetite.
• 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.
• Negotiate terms, deductibles and pricing with agents.

Minimum qualifications:

• 1+ years of commercial lines underwriting experience.
• Strong judgment on risk selection and pricing.
• Working knowledge of commercial property, liability and auto coverage forms.
• Familiar with Guidewire, Duck Creek or a similar policy system.
• Able to travel up to 20% for agency visits.
• Experience reading loss runs, schedules and financial statements.
• Clear written underwriting rationale.

Preferred qualifications:

• Excel modelling for pricing.
• Experience at a regional or mutual carrier.

Benefits:

• Health insurance for you and your family.
• Provident fund.
• Paid leave.
• Internet reimbursement.
• Flexible hours.
• Group term life insurance.
• Learning budget.

Shortlisted candidates will hear from us within two weeks.

Start: Immediately.

Demo job created on 11jobs for testing and demonstrations. It is not an actual opening at Visakhapatnam Risk Advisors.