Job Title : AVP - Lead Engineering Underwriting Department : Global Corporate & Commercial (GC&C;) Location : Vikhroli, Mumbai

Work Schedule : Monday to Friday Reporting To : Head of GC&C; India (with matrix reporting to Regional Head of LOB, Asia) Industry Preference: Candidates from General Insurance only

Position Overview We are seeking an accomplished and strategic Assistant Vice President – Engineering for our Global Corporate & Commercial (GC&C;) division. This leadership role involves developing and executing the Line of Business (LOB) underwriting strategy for the Engineering portfolio in India, ensuring profitable portfolio management aligned with global and regional guidelines.

Key Responsibilities

- LOB Strategy & Execution

Develop and implement Engineering LOB underwriting strategy in line with global/regional GC&C; directives. Drive structured portfolio management aligned with risk appetite, capital requirements, and technical guidelines.

Execute market-facing underwriting activities to support profitable growth.

- Underwriting Performance & P&L; Accountability

Achieve portfolio targets including GWP (Gross Written Premium), NTR (Net Technical Result), and profitability goals. Lead business development initiatives, manage broker and client relationships, and ensure alignment with GC&C; LOB strategy.

Identify corrective actions and re-underwriting strategies where required.

- Underwriting Excellence

Ensure adherence to underwriting guidelines and governance frameworks. Monitor technical KPIs, premium adequacy, and data quality across the portfolio.





Drive adoption of underwriting tools and ensure exposure and CAT modeling processes are in place.

- Underwriting Governance & Compliance

Implement governance frameworks (e.g., UQA, TUR, accumulation control). Maintain compliance with internal and external regulations and audit requirements.

Manage underwriting authority delegations and coordinate with Audit, Finance, and Actuarial teams as needed.

- Team Leadership & Development

Lead, mentor, and build a high-performing underwriting team. Promote knowledge sharing, technical skill development, and succession planning.

Foster a collaborative and performance-driven team culture.

Qualifications & Experience Education : Graduate/Postgraduate (preferably in Engineering)

Experience Professional insurance qualifications (e.g., AIII, FIII, ACII, CPCU) preferred

10+ years of relevant experience in the general insurance industry

Proven track record in underwriting and managing profitable Engineering LOB portfolios

Experience in a leadership role with exposure to international business and cross-cultural environments

Skills In-depth knowledge of Engineering LOB and portfolio management

Strong risk assessment and pricing capabilities

Excellent stakeholder management, influencing, and communication skills

Analytical mindset with high attention to data quality and process improvement

Team building and leadership skills with a focus on coaching and development

Proficiency in English (additional languages are a plus)

Employment Type Willingness to travel as required Full-Time | In office

📌 AVP - Lead Engineering Underwriting Insurance (Mumbai)
🏢 VRSamadhan
📍 Mumbai