Underwriter Agent
1 month ago
Cairo, Egypt
fawry egypt
Full time
Responsibilities:- Collect appropriate and accurate information required to assess potential clients and decide on the acceptable risk for a policy.
- Review policy applications based on the previous loss records, age, medical report, credit ratings and driving records.
- Prepare reports that detail risk assessment findings that contribute to the final decision.
- Compare various policies having similar risk undertaking and conduct actuarial studies to decide on the company’s loss records.
- Evaluate policies with regards to the company’s underwriting standards.
- Make a decision to accept, modify or reject an insurance application after scrutiny of all the required documents and studies regarding the risk involved.
- Analyze statistical data using specialized computer programs.
- Write quotes, determine premiums and coverage, and negotiate terms with brokers and clients.
- Carefully select the wording of policies, and prepare the terms and conditions.
- Handle queries from credit control departments, brokers and clients.
