Manager/Senior Manager - Underwriting

Position Title: Manager / Sr Manager GC&C Underwriting

Function: Engineering Underwriting

Location: Mumbai

Job Scope / Position Summary:

The ideal candidate should have 5 + years of relevant experience with Large Account practice and a deep understanding of both underwriting principles and techno-marketing practices. This position involves close collaboration with channel partner and sales team to drive effective risk selection, ensure adherence to underwriting guidelines, and contribute to both top-line growth and bottom-line profitability

Main Responsibility:

1 Primary Responsible to handle Engineering LOB underwriting for GC&C Line. Ensuring underwriting technical standards by Prudent Risk selection and Underwrite complex Property risks in line with company guidelines and market benchmarks.

2 Perform technical risk assessments, pricing, and coverage analysis to support sound underwriting decisions.

3 Participate in techno-marketing efforts by presenting technical solutions and value propositions to clients and intermediaries.

4 Ensure all underwriting practices comply with internal controls, regulatory requirements, and company policies.

5 Contribute to business development through market intelligence and client relationship management.

6 Monitoring balance between the top line and bottom line, meeting pre-set revenue & Responsible for overall profitability for Property & Miscellaneous LOB underwriting for GC&C Line, Frequent monitoring of incurred claim ratios - product wise and remedial measures.

7 Preparing, implementing and continuous monitoring of underwriting guidelines

8 Risk Based analysis ensuring good business mix

9 Hazard risk analysis, graded retentions and monitoring geographical spread of risk.

10 Maintaining relationship and coordination with broker/Intermediary/client for technical assistance and business development.

11 Audit compliance - Ensuring compliance of various quality measures by maintaining requisite documentation/ records.

12 Systems Development.

13 Internal Customers: - Sales Team, Ops Team, Claims Team and other relevant departments.

External Customers: - Brokers/Agent/Channel Partner, Corporates Clients

Qualification and Experience Requirement

Education: BE/B Tech /Post Graduation (MBA)

Experience: Minimum 5 + Years

Functional Skills (Role Specific):GC&C Underwriting Engineering LOB)