Assistant Underwriter
Fast Track
Total years of experience :15 years, 8 Months
Internship training program: This program focuses on investing new university graduates to give them the opportunity to learn about the insurance industry through practical and theoretical training was given and we carried out work experience. Rotated and was assigned in HR & Treaty departments for two months each respectively.
•Facultative Underwriting: Chosen to join the facultative property department as an assistant underwriter. Tasks are as follows:
•New Business Underwriting:
•Preparing and initial Standard Risk Review and Offer Review Sheets (within defined Marketing Unit) after full analysis of each new risk proposal/offer against underwriting guidelines and reinsurance protections.
•Writing an offer summary with computation of premiums, endorsement premiums, deposit premiums and related adjustments for specific class of business and with observations and suggestions for acceptance or decline and submits entire file to appropriate authority as per offer policy limits.
•Existing Business/Renewals Underwriting.
•Market Research/Intelligence/Analysis and Marketing
•Assisting the Deputy underwriter and underwriter to from various sources compiles and ensures updated business and statistical data including financial, economic and social structures on each cedent and broker as per designated market area.
•Assisting in preparation, within authorized class of business, the study material for Retro Renewal.
•Production/Market Reporting
•Assisting in preparing statistics and information and complies statistical information for internal use.
•Preparing various monthly/quarterly management reports as and when required.
•Assisting in special projects or other ad hoc duties as required from time to time as directed by the department management or senior nominated person.
in Internal Control Unit performing various tasks.
with advertising agency to provide designs and artwork for publications (brochures, booklets, etc.)
•Publishing ads in magazines and worked with various printing companies.
•Writing and contributing to various reports.
Tasks assigned and performed included:
•Coordinated and prioritized office duties and functions.
•Served as secretary and provide administrative assistance to the Principal; made, scheduled and arranged appointments, meetings and conferences
•Prepared a variety of reports on behalf of the Principal and other administrative staff.