Company Description ICICI Lombard is a leading private general insurance company in India, offering a wide range of products across motor, health, crop, fire, personal accident, marine, engineering, and liability insurance through multiple distribution channels. With a legacy of over two decades and a brand philosophy of “Nibhaye Vaade,” the company focuses strongly on customer centricity and reliable service.

It has issued tens of millions of policies, processed millions of claims, and maintains a robust Gross Written Premium, supported by an extensive branch network and workforce across the country. ICICI Lombard is a digital-first and agile organization, pioneering the migration of core systems to the cloud and launching AI-powered insurance solutions, including its flagship IL TakeCare app with innovative features like Face Scan. The company has received numerous industry awards for excellence, innovation, and CSR, reinforcing its position as an attractive employer for professionals seeking impactful careers in insurance.

Role Description The Motor Underwriter – Motor Pricing role at ICICI Lombard is a full-time, in office position based in Lucknow. The role involves evaluating motor insurance proposals, analyzing risk profiles, and determining appropriate pricing in line with company underwriting guidelines and regulatory requirements.

Day-to-day responsibilities include reviewing customer and vehicle data, using analytical tools to assess risk, preparing quotations, and supporting policy issuance for motor insurance products.





The Motor

Underwriter collaborates closely with sales, operations, and actuarial teams to develop competitive pricing strategies, monitor portfolio performance, and optimize loss ratios. The role also includes preparing reports, participating in process improvements, and ensuring high standards of accuracy, compliance, and customer service.

Qualifications

- Strong analytical and numerical abilities, with proficiency in data analysis, risk assessment, and interpretation of statistical reports.
- Understanding of motor insurance products, underwriting principles, pricing methodologies, and relevant regulatory guidelines.
- Good knowledge of Excel and other productivity tools; familiarity with underwriting or pricing software and basic data visualization tools is an advantage.
- Effective communication and collaboration skills to work with sales, operations, actuarial, and other cross-functional teams.
- Attention to detail, structured problem-solving approach, and ability to make sound, data-driven decisions under timelines.
- Bachelor’s degree in finance, insurance, commerce, engineering, mathematics, statistics, or a related field; professional insurance certifications (e.g., III, actuarial exams) are beneficial.
- Prior experience in motor underwriting, pricing, or general insurance is preferred; exposure to digital and AI-led insurance solutions is a plus.
- Willingness to work on-site in Lucknow and adapt to a fast-paced, performance-oriented environment.

📌 Regional Motor Underwriter (Motor Pricing ) (Lucknow)
🏢 ICICI Lombard
📍 Lucknow