Job Description
We are Hiring
EXECUTIVE - HULL UNDERWRITING
Sri Lanka Insurance General is backed by decades of industry expertise and the country's most experienced insurance sector technical knowledge base. Join a team of highly qualified and most experienced professionals in the country to experience unparalleled opportunities for career growth and personal development opportunities within a performance-driven culture.
Duties & Responsibilities
- Assess insurance risks and prepare competitive quotations in line with underwriting guidelines and treaty limits.
- Coordinate with the Reinsurance team to obtain facultative (FAC) quotations for risks exceeding treaty limits.
- Negotiate reinsurance terms, premiums, and coverage to secure the best solutions for customers.
- Review and amend quotations based on customer requirements while maintaining underwriting standards.
- Prepare and issue policy documents, endorsements, and related documentation within agreed service standards.
- Provide policy servicing throughout the policy lifecycle, including endorsements, renewals, premium adjustments, and refunds.
- Manage policy renewals by issuing renewal notices and negotiating renewal terms where applicable.
- Maintain accurate underwriting records, policy registers, and filing systems for efficient retrieval.
- Support the Claims Department by providing guidance on policy terms and conditions applicable to claims.
- Prepare and submit premium bordereaux and other underwriting reports within required timelines.
- Build and maintain strong relationships with internal stakeholders, customers, brokers, and reinsurers to ensure excellent service delivery.
- Coach and guide junior team members to enhance service quality and operational efficiency.
Qualifications & Pre-requisites
- Degree/Special Degree / Professional Qualification or Equivalent related to the functional area from a University/Institute approved by the UGC
- 1-2 years experience in similar capacity
- Strong customer service orientation.
- High level of accuracy and attention to detail.
- Ability to build and maintain effective relationships with brokers, customers, and internal stakeholders.
- Strong planning, organizational, and time management skills.
- Ability to work effectively under pressure and meet deadlines.
- Team player with leadership and mentoring capabilities.
- Age should be below 35 years
If you meet the above qualifications and experience, please email your CV along with the names of two non-related referees to jobs@srilankainsurance.com within 7 days of this advertisement. Kindly mention the post applied for in the subject line of your email.