Summary
Overview
Work History
Education
Skills
Languages
Awards
Personal Information
Disclaimer
Timeline
Generic

Shruti Umarye

Bengaluru

Summary

Motivated to engage in a challenging role with a forward-thinking organization, applying 9 years of experience as Underwriter Assistant in insurance field.

Overview

9
9
years of professional experience

Work History

Assistant Underwriter

Accenture
Bengaluru
04.2024 - Current
  • Provide end-to-end underwriting support for a portfolio of various clients in AIG’s Retail and Wholesale business.
  • Assist underwriters with submissions, bookings, policy issuance, renewal preparation, mid-term adjustments, lapse cancellations, and audits.
  • Maintain both new and existing books of business, ensuring all documentation is complete, accurate, and up to date.
  • Conduct detailed policy reviews to identify coverage gaps and recommend appropriate endorsements or adjustments.
  • Review new business applications to ensure compliance with underwriting guidelines.
  • Coordinate with brokers to gather mandatory information for booking accounts, especially during month-end closings.
  • Manage submission intake using purpose-built tools and systems to ensure timely progression through the underwriting lifecycle.
  • Prepare base rating files and ensure accurate data entry of all risk details into underwriting systems.
  • Perform quality checks on peer submissions to maintain high levels of accuracy and compliance.
  • Support quoting, servicing, and underwriting of allocated accounts within delegated authority limits.
  • Collaborate with Claims to review complex claims and monitor developments impacting account profitability.
  • Foster strong client and broker relationships by understanding market dynamics and client-specific risk needs.
  • Played a key role in launching a pilot project team—closely coordinated with underwriters, helped establish processes, and led team support efforts.

Senior Process Analyst

Gallagher Operations and Services Pvt Ltd
Pune
02.2016 - 01.2024
  • Processed insurance policies across multiple carrier platforms using underwriting source documents such as applications, quotes, rating sheets, and binders for LOBs, including Transport, Property, Casualty, Healthcare, and Excess Coverage..
  • Issued and processed endorsements for various lines, ensuring accurate dispatch to retail agents, branches, and carriers, along with premium invoices.
  • Coordinated with underwriters to resolve discrepancies in policy details, premiums, and documentation, ensuring timely and accurate issuance.
  • Audited previously processed endorsements, implemented corrections where necessary, and reviewed insureds’ policies to prepare checklists and notify relevant branches.
  • Mentored and trained new team members, developed process-specific training modules, and conducted monthly PKT (Process Knowledge Test) assessments to enhance domain knowledge and quality.
  • Prepared weekly and monthly production and hold reports for senior management across various branches and binding/brokerage units (including IQR/high premium accounts).
  • Processed PPS and RQBI carrier policies while actively contributing to pilot projects like Endorsements, with a focus on quality and compliance.
  • Initiated and implemented 15+ Kaizens aimed at improving process efficiency, accuracy, and overall quality of service.
  • Collaborated cross-functionally with departments involved in the policy lifecycle (issuance, renewals, submissions), proactively ensuring issue resolution without impacting deadlines.

Education

Master of Business Administration (MBA) - Finance

Savitribai Phule Pune University
Pune, India
01.2015

Skills

  • Risk assessment and management
  • Insurance underwriting and drafting
  • Document and policy review
  • Auditing and compliance

Languages

English           Hindi          Marathi          Konkani

Awards

  • Received Kaizenator Award for introducing High-Impact Kaizen
  • Received Ingenious Award for getting cross-trained to different teams.
  • Received Star Of The Month Award for dedication and 100% quality and productivity.
  • Received WOW Winner Award for my accomplishments and contributions in GSC team.
  • Received Process of the year Award to the team for maintaining 100% quality and productivity.

Personal Information

Date of Birth: 02/09/93             Gender: Female         Nationality: Indian        Marital Status: Married

Disclaimer

I hereby declare that the above information furnished by me is true to best of my knowledge and belief.

Shruti Umarye

Timeline

Assistant Underwriter

Accenture
04.2024 - Current

Senior Process Analyst

Gallagher Operations and Services Pvt Ltd
02.2016 - 01.2024

Master of Business Administration (MBA) - Finance

Savitribai Phule Pune University

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Shruti Umarye