Property Underwriter Resume
Summary : As a Property Underwriter, undertake the task of contract calculation and negotiations, and prepare risk prevention concepts, while being an expert in Property insurance.
Skills : Risk Assessment, Knowledge of risk mitigation strategies.
Description :
- Actively engaged with brokers, cedants, and insureds throughout the region to better understand their needs, and market HDI’s products and solutions.
- Managed and developed a portfolio of accounts, proactively identifying growth opportunities.
- Collaborated effectively with stakeholders from various departments within HDI.
- Underwrote business according to HDI’s underwriting philosophy and guidelines.
- Reviewed and completed full assessments of renewal and new business, utilizing HDI’s underwriting and pricing tools.
- Delivered on HDI’s Key Performance Indicators for growth and profitability.
- Raised company and own visibility through attendance and representation of HDI at appropriate events, conferences, and industry seminars.
Experience
7-10 Years
Level
Consultant
Education
BPM
Assistant Property Underwriter Resume
Objective : As an Assistant Property Underwriter, expertise and guidance to Business Units and Underwriters under general direction and specializing in a line of business, to enable the achievement of business plans and the delivery of excellent customer service.
Skills : Analytical Skills, Proficiency in identifying trends and making informed decisions.
Description :
- Visited overseas brokers, cedants, and insured to support business development activity as required.
- Contributed implementation of underwriting strategies (risk analysis, terms and conditions, portfolio mix, and profitability) and solutions (product development, underwriting tools, and processes) for a portfolio, and line of business.
- Monitored underwriting strategy relating to performance metrics, data, and insights.
- Operated within established organization Risk Policy, Underwriting Guidelines, underwriting governance policies, and local rules and regulations.
- Contributed to development of technical underwriting guidelines, and Best Practices, including controls and procedures.
- Worked on projects of low to moderate complexity.
- Handled queries within delegated authority.
Experience
2-5 Years
Level
Junior
Education
BBA
Junior Property Underwriter Resume
Objective : As a Junior Property Underwriter, review and approve final bound policy terms before mailing to broker/client by underwriting standards and guidelines.
Skills : Attention to Detail, Financial Acumen.
Description :
- Supported aspects of portfolio management, including analysis to monitor profitability and growth of specialty areas of business.
- Contributed to the Technical Underwriting Review Process.
- Resolved technical problems by referring to policies, procedures, and specifications.
- Provided technical expertise for short-term, defined scope projects.
- Utilized local knowledge and skills to facilitate communication and collaboration between the market-facing and technical underwriting teams, aiming to establish a productive and streamlined relationship that improves customer service.
- Implemented and monitored Property underwriting guidelines within the allotted Zones / Areas / Verticals and identified business risks associated, from time to time.
- Responsible for reviewing proposals and providing Inputs in terms of Reinsurance guidelines, local market dynamics, nature of business, quality of risk and recommendations thereof.
Experience
2-5 Years
Level
Junior
Education
BEng
Senior Property Underwriter Resume
Summary : As a Senior Property Underwriter, proactively support the acquisition of new business and retention of existing business (including client and broker negotiations where necessary).
Skills : Regulatory Knowledge, Familiarity with insurance laws, and regulations.
Description :
- Monitored performance and risk associated with various products to identify and drive improvement opportunities.
- Responsible for providing sanction on deviations by assessing exception cases over and above standard parameters along with the Risk Engineers.
- Reviewed the risk based on the market intelligence and based on the third party risk inspection reports.
- Tracked the major accounts in the books across the LOB’s and weed out the loss making business in case no opportunity exist for the improvements.
- Identified the early trends potential business threats and make necessary corrections in books and protect the books from new business according to time to time updated underwriting guidelines.
- Audited coordination and support clarification, resolution, and closures.
- Responsible for interacting with internal stakeholders (Operations, IT, Marketing, Finance) to meet the smooth proceedings of the business requirements at various stages.
Experience
7-10 Years
Level
Senior
Education
BBA
Associate Property Underwriter Resume
Objective : As an Associate Property Underwriter, proactively manage capacity. Underwrite and evaluate Natural Catastrophe Accumulation, ensuring an understanding of catastrophe modeling and interpretation of scenarios.
Skills : Communication Skills, Decision-Making.
Description :
- Independently underwrote and priced moderate to highly complex business in accordance with corporate, divisional, and department guidelines and philosophy.
- Underwrote new and renewal business, including all tasks associated with risk and coverage analysis and pricing, and provide recommendations for proposed terms within delegated underwriting authority.
- Reviewed primary policy, contract and endorsement wording and ensure accuracy and conformance with guidelines.
- Demonstrated and maintained enhanced technical product and underwriting expertise.
- Referred all business outside of delegated underwriting authority to the appropriate referral underwriter.
- Developed and maintained strong market presence by developing client and broker strategies.
- Provided responsive service on all broker and direct client requests.
Experience
0-2 Years
Level
Fresher
Education
BBA
Property Underwriter Resume
Objective : As a Property Underwriter, work directly with the Field/TUMs/IP Leaders/Regional Leadership on complex property transactions and driving overall property results including new business, rate/exposure, retention, and profitability.
Skills : Balancing risk and profitability, Customer Service.
Description :
- Monitored profitability of assigned clients and brokers, developing strategies or action plans to propose corrective actions as needed.
- Led departmental projects related to the development and implementation of underwriting strategy.
- Promoted the Group’s capabilities and competencies externally.
- Demonstrated proven negotiation skills and the ability to influence internal stakeholders.
- Demonstrated proficiency in the use of pricing models, tools and other risk evaluation models.
- Participated in peer reviews of team members’ accounts.
- Underwrote insurance risks in alignment with the Business Plan and personal authority to achieve business objectives.
Experience
2-5 Years
Level
Junior
Education
BPM
Property Underwriter Resume
Summary : As a Property Underwriter, underwrite new and renewal accounts to meet top and bottom-line targets. Negotiate participation, pricing and terms and conditions with brokers.
Skills : Proficiency in using underwriting software and tools.
Description :
- Cultivated and maintained strong relationships with stakeholders, including customers, brokers, and colleagues, to maximize influence and support business goals.
- Developed strategic relationships in line with the Business Plan to facilitate the achievement of objectives.
- Ensured compliance with insurance strategy to mitigate risk and achieve business plan targets.
- Participated actively in shaping and developing strategy, knowledge, and best practices within the team.
- Promoted the department, division, and company brand positively to leverage brand equity effectively.
- Ensured adherence to all legal and regulatory requirements to meet obligations.
- Maintained underwriting standards, instructions, and best practices to minimize risk and enhance efficiency.
Experience
10+ Years
Level
Management
Education
BBA
Property Underwriter Resume
Headline : As a Property Underwriter, responsible for evaluating and managing the risks associated with commercial and residential properties. Leveraging your deep understanding of the real estate market, you will assess property characteristics, analyze historical data, and apply your expertise to determine appropriate coverage and pricing.
Skills : Familiarity with data analysis software and databases, Negotiation Skills.
Description :
- Stayed updated on market dynamics and demonstrate market cycle awareness to operate effectively.
- Motivated and developed the team by demonstrating good leadership behaviors and management best practices to support the achievement of business goals.
- Thoroughly reviewed property information, including location, construction, occupancy, and loss history, to assess the level of risk.
- Collaborated with brokers, agents, and clients to gather relevant data and understand their specific needs and concerns.
- Utilized advanced analytical tools and industry-leading software to model and evaluate risk factors.
- Determined appropriate coverage limits, deductibles, and premiums based on your risk assessment.
- Maintained detailed documentation and records to support underwriting decisions.
Experience
5-7 Years
Level
Executive
Education
BBA
Property Underwriter Resume
Objective : As a Property Underwriter, the ability to identify and mitigate potential risks will be instrumental in ensuring the financial stability and success of our organization.
Skills : Documentation and Record-Keeping, Judgment and Decision-Making.
Description :
- Combined technical underwriting knowledge with strong negotiation skills.
- Responsible for finding ways to say yes while also upholding good practices.
- Responsible for evaluating risk, setting terms, and pricing for new and existing business.
- Took the lead in building relationships and nurturing existing clients.
- Provided in-house support with the development of the team.
- Developed and utilized a broad knowledge of our General Property product offering to handle complex tasks and support broker and customer inquiries.
- Prepared underwriting reports and update insurance forms when necessary.
Experience
0-2 Years
Level
Entry Level
Education
BBA
Property Underwriter Resume
Summary : As a Property Underwriter, training, developing and coaching less experienced staff (including Junior Underwriters, Operations and Credit Control).
Skills : Budget Management, Market Knowledge.
Description :
- Solicited and reviewed new and renewal property submission from various production sources.
- Analyzed submitted documentation according to company underwriting standards and guidelines and requested additional information.
- Subject to written underwriting authority, prepared and presented quotation terms and conditions as submitted.
- As regards quoted terms or conditions outside underwriting authority, prepared written referral documents and submitted them for approval to the appropriate authority.
- Reviewed and approved binding terms and conditions for new and renewal business as well as endorsements and amendments to existing policies.
- Prepared and approved insurance details for binders and reinsurance layoff sheets for underwriting assistants, in order to book and bill new and renewal accounts.
- Set up or reviewed and approve policy forms for all new and renewal policies according to binding terms for policy issuance by U/A including endorsements.
Experience
7-10 Years
Level
Senior
Education
BBA
