Job Opening: SME / Commercial Insurance RFQ & Underwriting Specialist

Location: Andheri , Mumbai 400057.

Experience: 2 to 10 years

Industry: General Insurance / Insurance Broking

Employment Type: Full-time

Job Description

We are looking for an experienced SME / Commercial Insurance professional with robust hands-on expertise in RFQ preparation, underwriting coordination, pricing negotiations, and client advisory. The candidate should have worked with a General Insurance Broker or General Insurance Company in India and be well-versed with commercial insurance products.

Key Responsibilities

- Preparation and management of SME / Commercial RFQs (Property, Fire, Marine, Engineering, etc.)
- Coordination with insurance companies for quote procurement, negotiations, and finalization
- Ensuring correct rating based on:
- Occupancy & risk profile
- Discounts & loadings
- Add-on covers & extensions
- Negotiating competitive terms, conditions, deductibles, and premiums
- Explaining coverage, exclusions, and policy terms clearly to clients
- Drafting / reviewing policy wordings, special clauses, and endorsements to ensure adequate coverage
- Liaising with insurers for risk acceptance, referrals, and underwriting clarifications




- Supporting sales team with technical inputs and placement strategy

Required Skills & Knowledge

- Strong understanding of commercial insurance products and underwriting practices
- Ability to interpret policy wordings and coverage gaps
- Excellent negotiation and communication skills
- Hands-on experience with SME / mid-market commercial risks
- Client-facing experience with professional advisory mindset
- Knowledge of Indian insurance market & insurer underwriting appetite

Eligibility Criteria

- Minimum 2+ years of relevant experience
- Must have worked with:
- A General Insurance Broker, OR
- A General Insurance Company (Commercial / Underwriting / Corporate Desk)
- Graduation mandatory (Insurance / Risk Management qualifications preferred)

What We Offer

- Competitive compensation (best in the industry for the right candidate)
- Exposure to diversified commercial portfolios
- Growth-oriented work environment
- Direct interaction with insurers and key corporate clients

How to Apply

Interested candidates may apply with their updated CV or email resumes at [email protected]

📌 SME Commercial Insurance , RFQ , Underwriting Specialist , Ins Quote (Mumbai)
🏢 Fortune 5 Risk Management Solutions
📍 Mumbai