Position Name - Underwriter / Placement– Non-Employee Benefits
Location – Mumbai
Experience Range - 4 - 10years
Mandatory Requirement:
- Solid technical underwriting knowledge in non-EB lines.
- Ability to assess complex risks and interpret policy wordings.
- Expertise in the Key LOBs such as Property (Fire & Allied Perils, IAR), Marine (Transit / Open / Import–Export), Liability (D&O;, CGL, Product, Professional Indemnity Etc), Engineering (CAR, EAR, MB, EEI), Event Insurance, Cyber, Crime, and Specialty Lines (as applicable)
About the client:
Job Roles and Responsibilities:
- Underwrite new / rollover or renewal proposals in line with underwriting guidelines.
- Analyze risk submissions, proposal forms, claim history, and supporting documents.
- Determine appropriate coverage terms, pricing, deductibles, and limits.
- Coordinate with Insurance companies and internal / external teams for clarifications.
- Issue quotations, endorsements, and policy documentation.
- Support business development with technically sound underwriting inputs.
- Ensure compliance with regulatory and internal underwriting standards.
- Assist in resolving underwriting-related queries and escalations.
· Required Skills & Competencies
- Commercial acumen with focus on profitability and risk selection.
- Effective communication and negotiation skills.
- Proficiency in MS Excel and underwriting systems.
- Good understanding of claims impact on underwriting decisions.
· Qualification and Experience:
- Graduate/Post-Graduate (Insurance broking, Insurance or Risk Management preferred)
- AIII / ACII or equivalent insurance qualifications preferred
- Minimum 4+ years of experience in underwriting
Other Details:
- Strong technical underwriting knowledge in non-EB lines.
- Ability to assess complex risks and interpret policy wordings.
- Commercial acumen with focus on profitability and risk selection.
- Effective communication and negotiation skills.
- Proficiency in MS Excel and underwriting systems.
- Good understanding of claims impact on underwriting decisions.