- Assess and evaluate marine insurance proposals for cargo, hull, and transit risks and liaise with regional teams and facilitate support to achieve budgeted GWP.
- Ensuring Loss Ratios and COR for marine book are within budged numbers.
- Analyze risk exposure, claims history, and underwriting information.
- Ensure regular engagement with internal / external stakeholders for improvement in our overall processes, systems and also visibility in the market.
- Represent the company for marine LOB in various forums meetings conducted by regulatory bodies like GI council and IIB etc.
- Decide policy terms, conditions, pricing, and coverage based on underwriting guidelines.
- Coordinate with brokers, agents, and internal teams for policy servicing.
- Ensure compliance with regulatory and company underwriting standards.
- Monitor portfolio performance, loss ratios, and profitability.
- Handle reinsurance requirements and documentation wherever applicable.
- Support regional team with approval, arranging FAC support and answer and guide regional teams
- Support claims team with underwriting inputs when required.
- Maintain accurate underwriting records and MIS reports.
- Taking initiative and interaction with IT team for system improvements and development.
Key Requirements – Education & Certification
- Graduate / Post Graduate
Key Requirements – Experience & Skills
- 10-15 years of experience in Marine Underwriting
- Experience in handling corporate marine risks preferred.
- Solid understanding of marine insurance products and underwriting principles.
- Knowledge of cargo, inland transit, hull, and liability policies.
- Proficiency in MS Excel and insurance systems/platforms.
📌 Deputy Vice President - Commercial Underwriting (India)
🏢 HDFC ERGO General Insurance
📍 India
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