Underwriting Associate at Accenture

Bengaluru, Karnataka, India

Accenture Logo
Not SpecifiedCompensation
Entry Level & New Grad, Junior (1 to 2 years)Experience Level
Full TimeJob Type
UnknownVisa
InsuranceIndustries

Requirements

  • Any Graduation
  • 1 to 3 years of experience
  • Skill in Property & Casualty - Underwriting Support - Underwriting
  • Proficiency in financial statement analysis, ratio analysis, and due diligence
  • Expertise in US GAAP compliance, industry-specific regulations, and macroeconomic trends
  • Strong technical skills in Excel (including financial modeling and data analysis)
  • Skills in data visualization platforms like Power BI
  • Ability to work in rotational shifts

Responsibilities

  • Solve routine problems largely through precedent and referral to general guidelines
  • Interact within your own team and with direct supervisor
  • Follow detailed to moderate level of instruction on daily work tasks and detailed instruction on new assignments
  • Make decisions that impact your own work
  • Work as an individual contributor as part of a team with a predetermined, focused scope of work
  • Define Insurance policy and calculate premium including terms and conditions for P&C
  • Perform thorough assessment of operational performance, organizational structure, and revenue streams
  • Conduct in-depth analysis of credit ratings, financial strategy, and market risks
  • Evaluate M&A implications, regulatory compliance, ownership structures, and stock performance to identify financial strengths and vulnerabilities

Skills

Key technologies and capabilities for this role

Property & CasualtyUnderwritingUnderwriting SupportInsurance PolicyPremium Calculation

Questions & Answers

Common questions about this position

What is the required experience level for the Underwriting Associate role?

The role requires 1 to 3 years of experience.

What education is needed for this position?

Any Graduation qualification is required.

What key skills are needed for the Underwriting Associate job?

Key skills include proficiency in financial statement analysis, ratio analysis, due diligence, US GAAP compliance, industry-specific regulations, and understanding macroeconomic trends.

What does Accenture's culture emphasize?

Accenture embraces the power of change to create value and shared success for clients, people, shareholders, partners, and communities, powered by a global network of advanced technology and intelligent operations.

Is the salary specified for this Underwriting Associate position?

This information is not specified in the job description.

Accenture

Global professional services for digital transformation

About Accenture

Accenture provides a wide range of professional services, including strategy and consulting, technology, and operations, to help organizations improve their performance. Their services assist clients in navigating digital transformation, enhancing operational efficiency, and achieving sustainable growth. Accenture's offerings include cloud migration, cybersecurity, artificial intelligence, and data analytics, which are tailored to meet the needs of various industries such as financial services, healthcare, and retail. What sets Accenture apart from its competitors is its extensive industry knowledge and ability to deliver comprehensive solutions that address both immediate challenges and long-term goals. The company's aim is to support clients in reducing their environmental impact while driving innovation and growth.

Dublin, IrelandHeadquarters
1989Year Founded
$8.5MTotal Funding
IPOCompany Stage
Consulting, Enterprise Software, CybersecurityIndustries
10,001+Employees

Risks

Rapid AI advancements may outpace Accenture's current capabilities, risking competitive disadvantages.
Integration challenges from multiple acquisitions could affect Accenture's operational efficiency.
The rise of AI-driven startups may disrupt Accenture's market share in customer service solutions.

Differentiation

Accenture's acquisitions enhance its capabilities in digital twin technology for financial services.
The company is expanding its expertise in net-zero infrastructure through strategic acquisitions.
Accenture's focus on software-defined vehicles positions it as a leader in automotive innovation.

Upsides

Accenture's investment in EMTECH supports central bank modernization amid digital currency evolution.
The acquisition of Award Solutions boosts Accenture's presence in the growing 5G and IoT markets.
Accenture's strategic acquisitions align with high-growth markets like digital twins and net-zero projects.

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