Nidhi Kumari
Underwriter
Bengaluru
Summary
Underwriter with 5+ years of experience in assessing insurance proposals, evaluating risks, and determining policy terms, enhanced underwriting accuracy by 20% through innovative risk assessment models.
Skilled in analyzing data, using underwriting software, and setting insurance rates. Experienced in reviewing applications, assessing financial risks, and ensuring policy accuracy. Strong problem-solver with expertise in minimizing losses and improving decision-making.
Overview
6
6
years of professional experience
1
1
Certification
Work History
Senior Process Associate
WNS
08.2023 - Current
- Develop and implement a risk assessment model that improved underwriting accuracy by 20%.
- Review insurance applications to evaluate submissions, quotes, FON, Bind, invoicing required to accept or reject new policies based on underwriting guidelines.
- Prepared process map and SOP.
- Responsible for preparing reports that detail risk assessment findings that contribute to the final decision.
- Check duplicates/clashes and connect compliance team in case of sanction.
Process Associate
Genpact
03.2021 - 07.2023
- Streamlined the underwriting process, reducing turnaround time by 25% through process improvements.
- Actively working as an Auditor and doing quality checks of all work types processed by a team.
- Research and follow through with requests for missing information from agency partners, maintaining a high level of customer service.
- Develop and maintain effective business relationships with internal and external customers/co-workers.
- Conducting training session for team members at management level.
Branch Operation Executive
HDB Financial Services
11.2018 - 11.2020
- Assisted in the evaluation of loan applications, approving over 500 loans with a default rate of less than 2%.
- Provided training and support to new underwriters, enhancing team productivity by 15%.
- Through checking of loan application forms with pre documents as per policy & banking norms, before Login in the system (Software - Los)
- Co-ordinate with sales of all department & solve the discrepancies of loan files.
- Total completion of all files (Login to disburse, software –WCAS, Suma soft)
Education
MBA - Finance
People's University
Bhopal, India07-2018
Skills
- Auto Insurance
- Property and casualty insurance
- Risk assessment and management
- Financial analysis
- Client relationship management
- Regulatory compliance
- Process improvement
- Quoting and pricing policies
- Underwriting calculations
- Data interpretation
- Documentation review
- Quality assurance
Certification
- Lean Certified
Timeline
Senior Process Associate
WNS
08.2023 - Current
Process Associate
Genpact
03.2021 - 07.2023
Branch Operation Executive
HDB Financial Services
11.2018 - 11.2020
MBA - Finance
People's University
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