Job Description

:
1. Risk Assessment and Underwriting
? Review technical proposals received from various locations / Zones basis the existing guidelines / norms and discuss with superiors where required in case of deviations
? Evaluate proposal thoroughly considering past claims / cases and assess conformance with the set underwriting guidelines; seek more information on proposals, customers, if required
? Identify business opportunity with business team and Set standard terms and conditions for the proposal
2. Premium Growth and Audits
? Visit the locations and meet major IMDs; understand problem areas and issues / concerns
? Provide guidance, if required and resolve any issues / concerns from IMDs
? Clarify organization guidelines, premium calculation and probable risks which should be accounted for when arriving at the premium rates for policy issuances; share business understanding, past cases and spread awareness within the team on risk assessment and mitigation
? Conduct sample audits across the zones to check for non-adherence to company guidelines; seek clarifications from the team and draft the report; share the report with the NHOD.
3. Projects / Special Initiatives (Web Applications / Online Products)
? Collaborate with different teams to provide them the perspective from the technical (underwriting) perspective including challenges faced real-time with agents / IMDs; provide inputs on improving functionality as well reduce workload in repetitive tasks
? Work with teams to ensure all underwriting guidelines / norms / calculators are properly built-in; conduct simulations across test cases and ensure that everything is in line with the set expectations
? Present the new (or modified) functionality to the relevant stakeholders; seek feedback and incorporate the same to strengthen the system for users
4. Product Training
? Drive implementation of various training efforts in case of new product launch in terms of premium calculation; product nuances, etc.; clarify doubts and resolve concerns, if any
? Assess areas of improvement amongst the IMDs and provide effective training to them; address development issues / concerns and enable them to drive sales for the organization in an effective manner
5. Data Analysis
? Analyse the growth achieved across zones and whether the loss ratio is controlled across zones
? Identify areas requiring special attention
? Chart out insights from the data to support business opportunity as well
? Share the analysis report with NHOD and other relevant stakeholders regularly
Department:
HO
Skills Required:
Understands the key drivers behind businesses; Brokers, Agents, etc. Balance Approach with Good people- management and negotiation skills
Role:
15
Education/Qualification:
Graduation
Designation:
Circle Head - Motor UW (Kolkata, Durgapur & Guahati)

Skills Required