Key Responsibilities

1.

Technical

Underwriting &

• Risk Assessment

- Evaluate and underwrite medium to large?ticket risks across assigned specialty lines in line with internal guidelines and risk appetite.
- Conduct thorough assessment of financials, legal exposures, policy wording nuances, risk engineering inputs, and external market comparables.
- Provide recommendations on pricing adequacy, terms & conditions, deductible structures, and coverage enhancements.
- Ensure high?quality technical documentation, risk notes, pricing sheets, and approval trails.

2. Portfolio &

• Profitability Management

- Monitor specialty lines portfolio performance including loss ratios, exposure concentration, segment?wise trends, and renewal retention.
- Identify adverse trends or hotspots in industries, risk categories, or products and propose corrective underwriting actions.
- Support actuarial and risk teams with accurate data, rate monitoring, and periodic reviews.

3. Broker &

• Client Engagement

- Act as a subject matter expert for brokers and corporate clients on specialty products.
- Participate in strategic pitches, renewal meetings, and complex deal discussions to drive higher conversion.
- Strengthen market relationships through technical sessions, workshops, and joint business planning.

4. Cross?Functional Collaboration

- Work closely with claims teams to understand loss drivers, litigations, and risk patterns that influence underwriting decisions.
- Partner with finance and operations to ensure timely issuance, billing accuracy, and audit readiness.
- Collaborate with product teams for product development, enhancements, and regulatory updates.

5. Governance, Compliance &

• Risk Controls

- Ensure adherence to underwriting authority limits, IRDAI norms, company governance frameworks, and internal audit standards.
- Maintain consistently high documentation quality, audit compliance, and operational accuracy.
- Drive continuous improvement in systems,



underwriting tools, and automation of workflows.

6.

Market

Intelligence & Product Expertise

- Track global and domestic market developments, claims jurisprudence, sectoral risk shifts, and emerging specialty risks.
- Provide insights for refining underwriting guidelines, pricing strategies, and appetite frameworks.
- Support leadership in strategic planning, product positioning, and portfolio diversification.

7. Leadership & Capability Development

- Mentor junior underwriters and build technical capability within the team.
- Conduct training sessions on underwriting methodologies, product knowledge, and market trends.
- Foster a culture of technical excellence, discipline, and collaborative problem?solving.

Qualifications

- Bachelor’s / Master’s degree in Finance, Risk Management, Engineering, Economics, Law, or Business Administration.
- Qualified certifications such as ACII, CPCU, III Fellowship, or other specialty?focused courses (Cyber, D&O;, Marine) are preferred.

Experience

- 8 to 14 years of experience in Specialty Lines underwriting in commercial insurance.
- Experience handling complex risks in Financial Lines, Liability, Marine Cargo/Hull, Engineering, Trade Credit, Surety, or other specialty products.
- Strong track record in underwriting discipline, broker engagement, and portfolio profitability.

Skills & Competencies

- Deep technical expertise in specialty line underwriting concepts, policy wording interpretation, and risk modelling.
- Strong analytical and decision?making skills with the ability to assess complex risks.
- Excellent communication and negotiation capability with senior brokers and corporate clients.
- High proficiency with underwriting tools, Excel, pricing models, and data analysis.
- Strong stakeholder management skills across claims, actuarial, product, finance, and operations.
- Ability to manage high workload, fast?moving timelines, and ambiguous or emerging risks.
- Leadership mindset with ability to coach and develop underwriting teams.

📌 Joint Vice President (Mumbai)
🏢 HDFC ERGO General Insurance
📍 Mumbai