Job Title: Head Insurance Underwriter (Commercial Lines )

Department: Underwriting / General Insurance

Reporting To: – Director

Location: Kothrud Job Purpose :

To evaluate, assess, and underwrite insurance proposals within the assigned line of business ( Commercial Lines – Fire , Marine , Engineering , Liability , Financial lines & Motor ), ensuring profitability, compliance with underwriting guidelines, and support to sales and servicing teams.

Key Responsibilities

- • Analyse insurance proposals and assess risk based on underwriting guidelines.
- Prepare underwriting reports, quotations, and technical evaluations.
- Liaise with insurance companies for quotations, negotiations, and policy terms.
- Support the sales team with technical inputs for current business and renewals.
- Manage renewals including pricing, negotiations, and timely closures.
- Coordinate with internal teams and insurers for policy issuance and endorsements.
- Maintain proper documentation and underwriting records.
- Ensure compliance with IRDAI regulations and company policies.

Commercial Lines :-





❖ Underwrite policies such as Fire, Marine, Liability, Engineering, etc.

❖ Assess risk based on property, business operations, and exposure ❖ Review technical documents (valuation reports, risk inspections, etc.) ❖ Support risk improvement and loss prevention recommendations *Key Skills & Competencies :-

- Understanding of the assigned insurance line ( Commercial Line)
- Analytical and risk assessment skills • Negotiation and communication skills • MS Excel proficiency • Attention to detail and time management *Qualification & Experience :-
- Graduate / Postgraduate in Insurance, Finance, or related field
- 1–5 years of experience in underwriting
- Knowledge of IRDAI regulations • Insurance certifications (Licentiate / Associate – III / IIB) preferred • Freshers can be considered for trainee roles *KPIs :-
- Accuracy of underwriting and quotations 2. Turnaround time 3. Renewal retention 4. Client and insurer satisfaction

📌 Senior underwriter - Commercial Lines & Claims | PUNE
🏢 Accurate Risk managers and Insurance Brokers
📍 Pune