Risk Assessment Pune

About Xceedance 
Xceedance provides strategic operations support, technology, and data services to drive efficiencies for 
insurance organizations worldwide. The company helps insurers launch products, implement intelligent 
technology, deploy advanced analytics, and achieve business process optimization. 
We are committed to adding direct value in the business of insurance and help insurers launch new 
products, drive operations, implement intelligent technology, deploy advanced analytic capabilities, and 
achieve business process optimization. 

For more information, visit www.xceedance.com. 

Our Vision & Strategic Focus:

To help catalyze insurance ecosystems for the benefit of the society. 
• Global Insurance expertise and a customer centric approach 
• Vertical focused and technology enabled 
• Learning Organization 
• People – First Culture

Job Summary/ Job Opportunity:
This is an excellent opportunity for an Admitted Lines Underwriting Analyst to deliver insurers with product
development support and contribute to our insurance ecosystem. The successful candidate will secure an
opportunity to work with expert underwriters and showcase their excellence in the insurance domain.
As an Admitted Lines Underwriting Analyst, you will specialize in enabling the rating process of various
admitted insurance products with extensive analysis of rates, rules, forms and more, in the system. You will
assist in the advancement of the industry with leading analytical skills and individual well-roundedness.
If you possess a passion for what you do, we await your innovation at Xceedance.

Key Objectives and Major Responsibilities:
1. The purpose of this role is to assist underwriters in executing the rating process for various
admitted insurance products – keeping in mind the rating rules and formulas for a product.
2. The individual will play an essential role in the success of these projects from the prospect of our
insurance domain.
3. Major responsibilities include providing expert support by reviewing insurance application from
risk tolerance standpoint and accurately validating rating worksheets, policy outputs, forms, and
endorsements.
4. Aggregating the risks of different lines of business with the help of prescribed tools and
techniques.
5. Ability and knack for extensive reading and research on ISO & other insurance manuals, state
rules and regulations to correctly rate insurance product risks on the Duck creek platform within
regulatory purview of various bureaus.
6. Protecting the company’s book of business from risks and issuing insurance policies at a premium
that is commensurate with the exposure presented by risk.
7. Designing numerous modules consisting of product test scripts on Duck Creek, conduct the
relevant testing and ensure proactive reporting of any observed abnormalities.
8. Maintaining adherence to the established timelines as well as accuracy and productivity targets.
9. Contributing to the organizational values by actively engaging in the larger learning and
development process.
10. Driving concise, structured, and effective communication with clients, peers, and other
stakeholders.

Key Capabilities and Competencies Knowledge
1. Basic insurance knowledge of various lines of businesses.
2. Fundamental understanding of underwriting and rating factors for various risks.
3. Good with mathematical calculations.
4. Awareness of underwriting criteria for a product or line of business.
5. A substantial understanding of the trigger points and conditions applicable across various forms
and endorsements (preferred).
6. Recognizes various concepts, jargons, products employed in underwriting and the insurance
industry.

Skills
1. Proficient with MS Office.
2. Excellent time management skills needed as this role involves super tight delivery deadlines.
3. Good logic building skills to draw logical insights.

4. Professional writing, networking, and communication style with the ability to formulate emails, presentations, and documents.
5. Innate capacity to effectively read, comprehend, and interpret detailed research and reading material.
6. Competent to work in an active and diverse environment.
7. Ability to identify, analyze and enhance any existing business processes.

Qualification and Experience
1. Recognized with a UG or PG degree in mathematics, economics, or a related field.
2. Must hold 1-2 years of relevant experience in the insurance domain.

Desirable
1. Recognizable domain knowledge wherein the individual has awareness of insurance concepts,
products, jargons within the basic and regulatory frameworks.
2. Certifications or progression towards CPCU, CII, AU will be highly desirable.

We Offer / What We Offer You
At Xceedance, you will discover the possibility to Xceed yourself and grow persistently with us. We offer career development opportunities to our members for a well-rounded development throughout their journey with us.