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Job Description

17/05/2023

SENIOR OFFICER UNDERWRITING

Department Business Operations and Legal Affairs
Designation SENIOR OFFICER UNDERWRITING
Nature of Employment permanent
Total Positions 1
Experience Required 2 - 4 years
Key Responsibilities
  • Underwrite proposal level cases of Agency as per the guidelines set in the Company’s underwriting policy and taking necessary deviations and steps to ensure quality underwriting.
  • Determine whether to accept, postpone or decline an individual’s application for insurance coverage through critical evaluation of his/her physical condition, medical history, occupational activities and hazards, financial background and other key factors.
  • Calculate the risk associated with a particular individual and determine how much premium should be charged to insure the individual against the risk.
  • Carefully assess the medical details of the client and classify the health condition of the individual.
  • Place requests for additional information including financial/non-financial, medical and occupational records/proofs and other documents to assess the risk where need be.
  • Sign off documents before they are dispatched to the customers to ensure that all the terms and conditions offered to the client are according to underwriting decision.
  • Coordinate with Sales team for gap identification in the submission of necessary documents and providing guidance to make the whole underwriting and approval process more efficient.
  • Update the policy status of the cases as well as the necessary requirements that are to be submitted for the case reassessment.
Competencies Communication Skills - Multitasking - Pressure handling
Qualification Required Bachelors
Location Karachi
Last Date to Apply 30/06/2023

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