Gallagher, a global industry leader in insurance, risk management, and consulting services, boasts a team of over 50,000 professionals worldwide. Our culture, known as "The Gallagher Way," is driven by shared values and a passion for excellence. At the heart of our global operations, the Gallagher Center of Excellence (GCoE) in India, founded in 2006, upholds the values of quality, innovation, and teamwork. With 10,000+ professionals across five India locations, GCoE is where knowledge-driven individuals make a significant impact and build rewarding, long-term careers.
How you'll make an impact
- Review insurance applications related to property and liability risks, such as homeowners, commercial property, or general liability policies. Analyze the applicant's information, including property details, occupancy, claims history, and other relevant documents.
- Determine the appropriate coverage limits, deductibles, and premium rates for each property and liability insurance policy based on the applicant's risk profile, industry standards, and underwriting guidelines of the carrier.
- Communicating & collaborating with insurance agents and brokers to gather additional information, clarify details, and negotiate terms.
- Ensure compliance with company policies, industry regulations, and legal requirements & follow established underwriting guidelines and procedures to maintain consistency and fairness in decision-making process.
- Maintain accurate records of all underwriting decisions, correspondence, and supporting documents. Organize and manage underwriting files to ensure easy retrieval and reference.
- Create & maintain internal reports
- Collaborate with onshore counter parts to ensure smooth workflow
About you
- Bachelor's degree in a related field (e.g., finance, business, or insurance)
- 1 or 2 years of experience as an Underwriter or in a similar role for UW L1 and 2 respectively
- Strong analytical and decision-making skills
- Excellent attention to detail and accuracy
- Knowledge of insurance industry regulations and guidelines
- Effective communication and interpersonal skills
- Ability to work independently and as part of a team
- Candidates with AU/AINS/CII/CPCU will be preferred
- Knowledge of how insurance industry works in countries like UK, Australia & US preferred
