Underwriter

Our claims organisation handles more than 400,000 claims a year, including catastrophe response after hurricanes and hail. Founded as a farmers' mutual in 1956, the company is now one of the larger mutual insurers in Pakistan.

Overview:

The Underwriter reviews and prices commercial insurance submissions from independent agents and decides what to write, and on what terms. Remote within Pakistan. The team meets in Karachi once a quarter, travel covered. We talk mostly in Slack and hop on quick calls when something needs discussing.

In this role you will:

• Review submissions for risk quality, completeness and appetite fit.
• Re-underwrite renewals for loss trends, exposure changes and rate adequacy.
• Refer accounts above your authority with a clear recommendation.
• Negotiate terms, deductibles and pricing with agents.
• Visit agencies to build relationships and explain our appetite.
• Work with loss control on recommendations and follow-up.
• Price accounts using rating tools in Guidewire PolicyCenter and underwriting judgment.
• Track production, hit ratio and loss ratio for your book monthly.

Required qualifications:

• 3-5 years of commercial lines underwriting experience.
• Familiar with Guidewire, Duck Creek or a similar policy system.
• Clear written underwriting rationale.
• Able to travel up to 20% for agency visits.
• Experience reading loss runs, schedules and financial statements.

Preferred qualifications:

• CPCU, AU or CIC designation.
• Excel modelling for pricing.

PKR 140,000 - PKR 175,000 a month

Perks and benefits:

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

Applications are reviewed weekly.

Let us know your current notice period and salary expectations.

Start: Flexible.

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