Underwriting Specialist

Job Description

Skill required: Property & Casualty- Underwriting - Underwriting

Designation: Underwriting Specialist

Qualifications: Any Graduation

Years of Experience: 7 to 11 years

About Accenture

Accenture is a global professional services company with leading capabilities in digital, cloud and security. Combining unmatched experience and specialized skills across more than 40 industries, we offer Strategy and Consulting, Technology and Operations services, and Accenture Song— all powered by the world’s largest network of Advanced Technology and Intelligent Operations centers. Our 699,000 people deliver on the promise of technology and human ingenuity every day, serving clients in more than 120 countries. We embrace the power of change to create value and shared success for our clients, people, shareholders, partners and communities. Visit us at www.accenture.com

What would you do?

• 2 to 5 years of experience in P&C core underwriting or underwriting support processes
• E2E knowledge of services offered under spectrum of Pre and Post underwriting
• Hands on experience of managing the one of the following tasks from the earlier experience from Insurance Underwriting Cycle – Quote Preparation, Binder, Loss run, Policy Drafting, Rating, Pricing, Policy Booking, Issuance, Premium Coding, mid-term endorsement, Renewal and cancellation
• In this role one is required to do analysis and solving of high-complexity problems
• Define Insurance policy and calculating premium including terms and condition for Property
• A process by which investment bankers raise investment capital from investors on behalf of corporations and governments that are issuing either equity or debt securities. Underwriting services are provided by some large specialist financial institutions, such as banks, insurance or investment houses, whereby they guarantee payment in case of damage or financial loss and accept the financial risk for liability arising from such guarantee.

What are we looking for?

• This role works with the underwriters to ensure that underwriting is conducted within the standards and timeframes, including policy booking and ensure policy issuance information is accurate and complete, conducting quality control checks to ensure adherence to division-specific guidelines and procedures. The role works under moderate supervision and would be performed in areas of greater size.
• Partner with regional underwriters and/or more senior UW Support employees in the end-to-end processing of Rating and Pricing. Evaluates new and renewal submissions against prescribed criteria to determine completeness; documents outstanding items and include them in communication to an underwriter for review.
• Assists in the follow-up and securing of outstanding items from the broker.

Roles and Responsibilities:

• In this role you are required to do analysis and solving of moderately complex problems
• May create new solutions, leveraging and, where needed, adapting existing methods and procedures
• The person would require understanding of the strategic direction set by senior management as it relates to team goals
• Primary upward interaction is with direct supervisor
• May interact with peers and/or management levels at a client and/or within Accenture
• Guidance would be provided when determining methods and procedures on new assignments
• Decisions made by you will often impact the team in which they reside
• Individual would manage small teams and/or work efforts (if in an individual contributor role) at a client or within Accenture
• Please note that this role may require you to work in rotational shifts

Qualification

Any Graduation

Locations

Gurugram

Additional Information

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About Accenture

We work with one shared purpose: to deliver on the promise of technology and human ingenuity. Every day, more than 775,000 of us help our stakeholders continuously reinvent. Together, we drive positive change and deliver value to our clients, partners, shareholders, communities, and each other.

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Join Accenture to work at the heart of change. Visit us at www.accenture.com.

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