walkins for Underwriting Analyst 8th Jul at bangalore
AIG India
Skills : Freshers Graduates 2016 Insurance Underwriting
Experience Required : 0 - 2 Year(s)
Job Location : Bangalore
Job Description :
Prepare both new and existing account submissions and all required documentation for final underwriting review by the local office. Support the underwriting decision making process including the analysis of submissions, understanding major underlying assumptions and the decision making process and conclusions made by the local office. This includes the analysis of complex data from multiple sources including understanding Occupancy, Statement of Values, Natural Catastrophe footprint, loss runs, and engineering loss control reports, to create draft documents which will be used by the regional underwriting offices to make the final decisions of risk. Activities include but are not limited to:
Entry of accounts into global submission system, with follow up of any resultant issues
Review for completeness of submission from broker
Interpretation of submission information and online account information
File set-up on an electronic content management system using independent judgment in choosing correct classification of risk
Create Natural Catastrophe modeling requests, and review results for accuracy
Research and review of loss experience through the analysis of complex data originating from multiple sources
Through the fundamental knowledge of underwriting, create an initial version of the Line Setting Tool and Rater (pricing tool)
Provide the regional underwriter with the Account Prep package consisting of a Line Setting Tool, Rater, and draft Quotation.
Through the fundamental knowledge of underwriting language and terminology, load manuscript wording as needed into appropriate system and identify items requiring additional input or editing
As needed, arrange handoffs with Shared Services for clearance and policy creation, and serve as the point of contact for unresolved questions
Monitor progress of account and keep regional underwriter informed
Stay current on all AIG underwriting alerts and bulletins
Preparation of all documents in accordance within agreed service level standards
Continual dialogue with regional underwriters to develop understanding and resolve issues on individual accounts
Job Requirements: College or University Degree, or its equivalent 2016 pass out. 60% and above.
Strong attention to detail and time management skills
Demonstrated ability to self-direct, prioritize work, and meet deadlines
Ability to build strong relationships
Intellectually curious
Demonstrated analytical and problem solving skills
Ability to collaborate in a team environment
Computer skills proficiency with Microsoft Office suite
Educational background in insurance, risk management or similar financial industries a strong plus
Excellent verbal and written communication skills English speaking required
Eligibility: 2016 Graduates with 60% marks throughout
Walkin Date : 07/08/2016
Walkin Time : 10:00 a.m - 12:00 p.m
Walkin Venue :
Abhijeet Bhattacharya
AIG Analytics & Services Private Limited
5th Floor, Crescent 4
Prestige Shantiniketan Whitefield
560 048,India BANGALORE
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