Description:
Hellenic Sun Insurance Brokers Pakistan is a leading insurance brokering and risk management company. At HSB Pakistan, we work to develop relationships and strive for security for our clients. Our aim is to protect the foundations of institutions and individuals from risk by evaluating exposure and ensuring indemnity against all outcomes.
Key Responsibilities:
- Conduct comprehensive risk assessments to determine policy eligibility and appropriate coverage limits.
- Analyze applicant information, including financial records, claims history, and market trends, to evaluate risk and determine premium rates.
- Collaborate with insurance underwriters and brokers to gather necessary information, negotiate terms, and provide guidance on underwriting decisions.
- Review and interpret insurance policies, ensuring compliance with regulations and company guidelines.
- Stay updated on industry trends, market conditions, and regulatory changes to make informed underwriting decisions.
- Provide exceptional customer service, addressing inquiries, resolving issues, and maintaining strong relationships with clients and agents.
- Continuously monitor and assess the performance of policies within your portfolio, making necessary adjustments to mitigate risk and maximize profitability.
- Collaborate with cross-functional teams, including claims adjusters and underwriters, to ensure accurate and efficient underwriting processes.
- Follow up on all claim progress on a daily basis.
- Keep a close check on the claim procedures being undergone by insurance companies.
- Follow up on client premium outstandings & renewals.
- Submit and update weekly Recovery Report in coordination with Assistant Accounts Manager.
- Actively pursue relevant insurance education including ACII.
Qualifications:
- Bachelor's Degree.
- Minimum 2 years experience in Insurance Underwriting.
- Strong understanding of all classes of insurance and key concepts.
- Excellent command on Microsoft Excel and PowerPoint.
- Analytical mindset with a data-driven approach.