Job Summary We are seeking a Property Underwriter to join our brokerage team. You will evaluate, analyze, and place property risks with our panel of insurance carriers., your focus will be on finding creative risk solutions for our clients while maintaining profitable carrier relationships.
Key Responsibilities
• Analyze Risk: Evaluate property exposures, construction types, occupancies, and protection classes.
• Negotiate Terms: Liaise with insurance carriers to secure competitive pricing, deductibles, and coverage terms.
• Review Underwriting: Inspect property surveys, loss histories, and financial statements to assess risk quality.
• Manage Relationships: Maintain strong connections with both internal account executives and external carrier underwriters.
• Ensure Compliance: Verify that all bindings and policies adhere to carrier guidelines and regulatory standards.
• Monitor Portfolios: Track book performance, loss ratios,
and renewal retention rates. Required Qualifications
•
Experience:
Minimum [5–8] years of property underwriting experience, preferably within a brokerage environment.
•
Education:
Bachelor’s degree in Finance, Risk Management, Business, or a related field.
• Certifications: BQP Software
Skills:
Advance Excel Key Skills
• Analytical Thinking: Ability to interpret complex property data and loss models.
• Negotiation: Proven track record of successfully negotiating coverage limits and pricing.
• Communication: Clear verbal and written skills for explaining complex risks to non-technical stakeholders.
• Time Management: Efficiency in handling high volumes of renewals and current business submissions simultaneously.
📌 Fire & Marine Underwriter (Nagpur)
🏢 MAGNUM INSURANCE BROKING PRIVATE
📍 Nagpur
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