Ashir Khan
Abu Dhabi
Summary
Skilled commercial underwriter specialized in engineering insurance, property and liability, marine, offering more than 8.5 years of total experience with 8 years of experience in the insurance sector. Highly adept in underwriting moderate to complex policies, achieving new business and renewal goals and maintaining loss control and risk management levels. Instrumental in facilitating development and deployment of new products. Well-versed in insurance laws with success in mitigating risk and controlling loss through comprehensive analysis, policy negotiation and service delivery.
Overview
9
9
years of professional experience
Work History
Senior Underwriting Officer
Insurance House PJSC
Abu Dhabi
12.2022 - Current
- Underwrite insurance risks in accordance with the Business Plan and the personal authority to meet business objectives
- Build and maintain strong relationships with stakeholders including customers, brokers, business partners and colleagues, to maximize brand leverage and business
- Actively keep abreast of market dynamics and demonstrate market cycle awareness to be able to operate effectively and appropriately
- Deep understanding of risk selection and underwriting practice (including risk management, industry assessment, client risk appetite and rating methodologies)
- Surveying the risks based on the client's business activities
- Actively work with re-insurers in the market to get support for offloading the risks or for the risks which exceeds treaty capacity
- Providing sign off to the referrals of underwriters in the branches.
- Conducted thorough research on prospective clients' financial standing, ensuring sound underwriting decisions.
- Evaluated potential risks in insurance applications, achieving accurate premium calculations.
- Provided comprehensive reports to senior management for strategic planning purposes.
- Established strong relationships with clientele to facilitate business retention and growth.
- Managed a portfolio of accounts, demonstrating effective prioritisation skills.
- Built and nurtured strong, professional relationships with members and brokers for portfolio retention and growth.
- Performed data extraction on models and pricing tools for review to verify risks written or renewed followed underwriting guidelines.
Commercial underwriter
Gargash Insurance Services LLC
Abu Dhabi
09.2021 - 12.2022
- Getting all general lines of insurance requests from clients and reviewing and analyzing the risks prior to approaching insurance companies for terms
- To give underwriting information and details to the insurance companies to ease the insurer in releasing the terms
- Surveying the risks based on the client's business activities
- To attend client meetings for reviewing the quote terms and client requirements
- To arrange and attend meetings with various insurance companies in the market to enhance the broker-insurer relationship and trusts
- To implement new methods and strategies in enhancing the revenue of the company
- Negotiated competitive insurance terms, resulting in the acquisition of key accounts.
- Managed large portfolio of clients; maintained high level of service whilst managing multiple tasks simultaneously.
Deputy Team Leader - Engineering (Underwriting)
Allianz Services
Trivandrum, India
03.2017 - 09.2021
- Identifying individual and portfolio risks resulting from client's underlying buisiness practices, underwritting investigation or fraud exposure
- Evaluation of debt ratio, loss ratio, crime zone analyzation, credit scores property valuations and various other factors when making underwriting decisions
- Controlling loss by assessing risk, conducting system analysis and recommending policy solutions
- Plays a vital role in reviewing and acceptance or denial of new or renewal business
- Providing sign off to the referrals of underwriters in the team
- Calculating new business policy and renewal rates based on customers background, industry and claims information
- Coordinating with internal stakeholders and UK process owner to initiate marketing strategies and meet market penetration and business growth objectives
- Monitoring underwriting teams' performance and mentoring to achieve personal and department production and quality goals by proper quality management system, revamping jobs, schedules and daily assignments
- Used coordination and planning skills to maintain employees' job performances in conformance with corporate policies and procedures
- Resolving customer service issues by finding immediate solutions, increasing customer confidence and decreasing escalations to executive office
- Video Conferencing with clients during COVID-19 to maintain communication to enhance teams' execution on new and existing products and in keeping the business
- To perform root cause analysis in deficient areas to identify and resolve central issues in both management and underwriting
- Led employee relations through effective communication, coaching, training and development
- Managed high workload with consistent record of achieving deadlines and production targets
- Proven records indicate increased sales and customer retention by managing implementation of new marketing and service strategies
- To produce detailed MIS weekly and monthly reports outlining underwriting team's performance against benchmarks
Assistant Manager (Operations & Sales)
Supriya Agencies
Trivandrum
06.2016 - 03.2017
- Coached employees in successful selling methods and encouraged cross-selling to drive revenue
- Collaborated with internal teams and suppliers to evaluate costs against expected market price points and set structures to achieve profit targets
- Monitored customer buying trends, market conditions and competitor actions to adjust strategies and achieve sales goals
- Identified, hired and trained highly qualified staff by teaching best practices, procedures and sales strategies
- Initiated new sales and marketing plans for product rollouts, including developing sales, distribution and media strategy
Education
Level D Underwriting Certificate -
Allianz
Level E Underwriting Certificate -
Allianz
Bachelor of Technology - Aeronautical Engineering
Rajadhani Institue Of Engineering And Technology
Kerala, India /2012 - /2016
Skills
- Risk Management
- Teamwork
- Time Management
- Planning and Coordination
- Quoting and pricing policies
- Business development
- Process Improvement
- Loss prevention & Risk Mitigation
- Microsoft Office proficiency
- Mathematics proficiency
Interests
Awards & AccomplishmentsExtra-curricular Activities
, Active participant in Allianz Annual Sports and Games and is continuous
award winner.
Have good experience in hosting events for the organization.
Core member of Engineering club in actively conducting vertical parties, off
sites and events.
Additional Information
- Personal
Languages
English
Fluent
Malayalam
Native
Tamil
Elementary
Hindi
Elementary
Arabic
Beginner
Affiliations
- Cricket
- Basketball
- Volleyball
- Badminton
- Tennis
- Swimming
- Travelling
- Bike Touring
Accomplishments
- Was awarded with the title “Outstanding contribution for the year 2020”
- Was awarded the title “Best Performer of The Year 2018'' for active participations in curricular as well as extracurricular activities throughout the organization.
- Was awarded 18 Best performer of the month till date for continuous service delivery and excellence during the course of tenure at Allianz
- Won Bronze medal for Long Jump in All India ASISC athletics meet in 2009-2010
Timeline
Senior Underwriting Officer
Insurance House PJSC
12.2022 - Current
Commercial underwriter
Gargash Insurance Services LLC
09.2021 - 12.2022
Deputy Team Leader - Engineering (Underwriting)
Allianz Services
03.2017 - 09.2021
Assistant Manager (Operations & Sales)
Supriya Agencies
06.2016 - 03.2017
Level D Underwriting Certificate -
Allianz
Level E Underwriting Certificate -
Allianz
Bachelor of Technology - Aeronautical Engineering
Rajadhani Institue Of Engineering And Technology
/2012 - /2016
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