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Title
Text copied to clipboard!Commercial Insurance Underwriting Assessor
Description
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We are looking for a Commercial Insurance Underwriting Assessor. This role specializes in evaluating risks and making underwriting decisions for commercial insurance policies aimed at businesses and corporations. The assessor analyzes application details thoroughly, evaluates risks, and calculates premiums to determine whether to accept insurance contracts. They also collaborate with clients and agents to propose appropriate insurance products and adjust contract terms. From a risk management perspective, they predict the likelihood and impact of potential losses, playing a crucial role in protecting the insurer's interests. The position requires advanced analytical skills, industry knowledge, and strong communication abilities.
Responsibilities
Text copied to clipboard!- Conduct underwriting assessments for commercial insurance contracts.
- Collect and analyze data for risk evaluation.
- Calculate premiums and set contract terms.
- Negotiate and coordinate with clients and agents.
- Collaborate with product development teams to understand market trends.
- Predict and manage potential loss risks.
- Ensure compliance with laws and internal regulations.
- Prepare reports related to underwriting decisions.
Requirements
Text copied to clipboard!- Experience in underwriting assessment within the insurance industry.
- Extensive knowledge of commercial insurance.
- Skills in risk evaluation and statistical analysis.
- High communication skills.
- Excellent problem-solving and decision-making abilities.
- Familiarity with relevant laws and industry standards.
- Ability to work collaboratively in a team.
- Proficiency in PC skills (Excel, specialized systems, etc.).
Potential interview questions
Text copied to clipboard!- What do you consider the most important point in commercial insurance underwriting?
- What are the main data and indicators you use for risk evaluation?
- Can you share an experience where you made a difficult underwriting decision?
- Explain your process for premium calculation.
- What do you focus on during negotiations with clients?
- What measures do you take to ensure legal compliance?
