Treaty Senior Underwriter - Insurance

Job Title: Treaty Senior Underwriter

Location: Churchgate Mumbai

Experience required: 15 Yrs Experience

Qualification: Bachelors degree in Insurance, Risk Management, Law, or related field.

About the company: The Group is a Pioneer in reinsurance broking business in India, with extensions to other services like Direct Broking, Asset Valuation, Non Marine & Marine Survey, Risk Inspection, Protection Indemnity, Facilitating Actuarial Services (Non-Life & Life).

Key Responsibilities:

Underwriting & Evaluation:

- Evaluate technical pricing models, exposure data, and historical loss experience to determine appropriate terms and conditions.

- Ensure all underwriting decisions comply with internal guidelines, risk appetite, and regulatory frameworks.

Portfolio & Risk Analysis:

- Collaborate with actuarial teams to review loss ratios, pricing adequacy, and profitability indicators.

- Monitor performance of existing treaties and recommend adjustments or renewals as required.

Market & Relationship Management:

- Negotiate treaty terms, conditions, and pricing to achieve optimal outcomes for the company.

- Represent the company in market meetings, conferences, and negotiations.

Collaboration & Coordination:

- Coordinate with operations and compliance teams to ensure documentation accuracy and adherence to underwriting standards.

Market Intelligence & Strategy:

- Provide insights and recommendations on new products, markets, or treaty structures.

Reporting & Documentation:

- Maintain accurate records of underwriting decisions, treaty terms, and portfolio performance.

Key Skills & Competencies:

- In-depth understanding of treaty reinsurance principles and market practices.

- Proficiency in analyzing loss data, exposure models, and actuarial outputs.

- Excellent negotiation and relationship management skills.

- Strong communication and presentation abilities.

- Attention to detail with a structured, data-driven approach.

- Ability to work collaboratively across teams and functions.