Insurance Underwriting Analyst - Property & Casualty

Underwriting Analyst

Skill required: Property & Casualty- Underwriting - Insurance Underwriting
Designation: Underwriting Analyst
Qualifications:Any Graduation
Years of Experience:3 to 5 years
About Accenture
Accenture is a global professional services company with leading capabilities in digital, cloud and security.Combining unmatched experience and specialized skills across more than 40 industries, we offer Strategy and Consulting, Technology and Operations services, and Accenture Song— all powered by the world’s largest network of Advanced Technology and Intelligent Operations centers. Our 784,000 people deliver on the promise of technology and human ingenuity every day, serving clients in more than 120 countries. We embrace the power of change to create value and shared success for our clients, people, shareholders, partners and communities.Visit us at www.accenture.com
What would you do? 6-8 years of experience in Property & Casualty Underwriting or Policy Servicing across shared services/Third Party BPO service providers (Essential) Hands on experience of managing the one of the following tasks from the earlier experience from Insurance Underwriting Cycle – New Business Submission, Clearance and Inspection, Status Change, Policy Issuance, Premium Audit/Booking, Reconciliation, Policy Drafting, Mid-term Endorsement, Loss Run, Quote/Booking, Declarations, Cancellations, Reinstatements, Renewal Solicitation, Policy conversion, invoicing, Indexing, Doc management, DMS Filing. You would be part of General Insurance team, where would you be managing, Claims Adjudication, Claims Processing /Portfolio Management. Checking on Fraudulent Claims Rating and quoting including receipt, clearance, data gathering and submission for operation of insurance services to set-up new business or renewal submissions in the support of developing an insurance quote.
What are we looking for? Good to have someone with experience in Re-Insurance Fac and Treaty business. Support regional UA Manager in overseeing all daily business activities and act as the first point of contact for all UAs in the region. Triages submission for missing information and follows up with the broker for outstanding items. Issues policies, endorsements, and cancellations; prepares policy writing instructions and premium billings and processes individual policy filings. Assists the underwriter in the preparation of business, and metric reports; assists in the review of procedures to resolve issues. Performs quality control of premium audit statements prior to underwriting review; documents discrepancies and work with the premium auditor for resolution. Completes loss rating and develops initial pricing, basic coverage structuring, quotation, and binder packages on behalf of the underwriter.
Roles and Responsibilities: •In this role you are required to do analysis and solving of lower-complexity problems • Your day to day interaction is with peers within Accenture before updating supervisors • In this role you may have limited exposure with clients and/or Accenture management • You will be given moderate level instruction on daily work tasks and detailed instructions on new assignments • The decisions you make impact your own work and may impact the work of others • You will be an individual contributor as a part of a team, with a focused scope of work • Please note that this role may require you to work in rotational shifts