Job Description

:

• Risk Assessment and UW

• Implementation and monitoring of various underwriting guidelines related to Commercial products.
• Main accountability includes Risk analysis, Risk acceptance, Risk selection, Policy coverage (Policy wording, Add-on covers, Exclusions / Inclusions etc.), Renewal business, etc. within the purview of set Underwriting Guideline to achieve the desired business outcomes
• Maintain TAT and compliance as per UW authority matrix.
• Reviewing proposals and providing Inputs in terms of local market dynamics, nature of business, quality of risk and recommendations thereof.
• Strong market intelligence i.e. a broader view of the market we operate in /competitors' details for formulating internal strategies.
• Work in close coordination with the sales team on the available profitable business opportunities falling with the underwriting guidelines of the company.
• Review the risk based on the market intelligence and based on the third-party risk inspection reports

• Relationship management

• Interacting with internal stakeholders (Operations, Marketing, Finance, Claims etc.) to meet the smooth proceedings of the business requirements at various stages
• Develop the key relationship with major clients and Intermediaries along with marketing team to develop long term sustainable business growth

• Analytics & MIS Reporting

• Analyzing the risk and identifying business that can be picked up in declined risk category and seek necessary approvals from seniors/HO for the same

Department:
West
Skills Required:
Risk Assessment and UW
Implementation and monitoring of various underwriting guidelines related to Commercial products.
Main accountability includes Risk analysis, Risk acceptance, Risk selection, Policy coverage (Policy wording, Add-on covers, Exclusions / Inclusions etc.), Renewal business, etc. within the purview of set Underwriting Guideline to achieve the desired business outcomes Maintain TAT and compliance as per UW authority matrix.
Role:
2
Years Of Exp:
3 to 7 Years
Education/Qualification:
Graduate or Post Graduate o Qualifications in Insurance will be an added advantage (eg: Fellowship/ Associate/Licentiate of I.I.I.)
Desirable Skills:
1.Good communication skills. 2.Flexible & adaptable to change. 3.Well versed with MS Office. 4.Should have good analytical and problem-solving skills. 5.Should be aware of the Local language.
Designation:
Deputy Manager Commercial Underwriting