Engineering Facultative Underwriter – Reinsurance

Location: GIFT City, Gandhinagar, Gujarat, India
Company: Santam Ltd. IIO – GIFT City

What will you do?
Santam Ltd. IIO is seeking an experienced Engineering Facultative Underwriter to join its GIFT City office. The successful candidate will be responsible for underwriting and managing Engineering Facultative Reinsurance business originating from India and other approved territories, while maintaining underwriting discipline and supporting the Company's profitable growth strategy. During the initial phase of employment, the successful candidate will work closely with Santam's Head Office underwriting team. Underwriting decisions and recommendations will be subject to a peer review process to ensure alignment with Santam's underwriting philosophy, technical standards, and governance framework. As the individual gains familiarity with Santam's underwriting guidelines and demonstrates consistent underwriting performance,



an appropriate level of underwriting authority will be delegated in accordance with the Company's governance framework.

The selected candidate will report directly to the Principal Officer & Country Head – India Operations.

What will make you successful?
Key Responsibilities:
Underwrite Engineering Facultative Reinsurance risks in accordance with Santam's underwriting guidelines and delegated authority limits.
Assess and underwrite risks including Construction All Risks (CAR), Erection All Risks (EAR) & Contractors' Plant & Machinery (CPM, and other engineering classes within the Company's underwriting appetite.
Analyse underwriting submissions, including technical information, project details, engineering reports, claims history, Munich Re or Indian Tariff policy wordings, and contractual documentation.
Evaluate project risks, construction methodologies, contractor experience, and loss prevention measures.
Price risks and prepare underwriting recommendations.
Negotiate terms, conditions

📌 Engineering Facultative Underwriter – Reinsurance Anand
🏢 Santam Insurance
📍 Anand