Key Roles &Responsibilities;

Risk Assessment

- Analyze and evaluate property and engineering risks based on detailed reports, site inspections, and technical data.

- Review and interpret engineering plans, specifications, and project schedules to identify potential risks and mitigation measures.

- Assess the likelihood and potential impact of various hazards, including natural disasters, mechanical failures, and human errors.

Underwriting
- Develop and maintain underwriting guidelines for property and engineering risks.

- Determine appropriate coverage, terms, and conditions for insurance policies.

- Price insurance policies based on risk assessment, market conditions, and company guidelines.

Market Interaction
- Communicate with brokers, agents, and clients to gather necessary information for underwriting decisions.

- Provide clear explanations of coverage options, terms, and conditions to clients and stakeholders.

- Negotiate policy terms and conditions with clients and brokers.

Policy Management
- Issue and maintain insurance policies, endorsements, and renewals.

- Monitor and manage the portfolio of underwritten risks to ensure profitability and compliance with company standards.

- Review and update policy documentation as required.

Market Research and Development
- Stay informed about industry trends, regulatory changes,



and market conditions affecting property and engineering insurance.

- Develop new insurance products and services tailored to emerging risks and client needs.

- Collaborate with the marketing and sales teams to promote insurance products and services.

Collaboration and Reporting
- Work closely with claims, loss control, and other departments to ensure comprehensive risk management.

- Prepare and present underwriting reports and performance metrics to senior management.

- Participate in training and development programs to enhance underwriting skills and knowledge.

Key Requirements – Education & Certificates
- Bachelor's degree in engineering, finance, business administration, or a related field.

- Certifications: Relevant professional certifications like Licenciate, Associate and Fellow from III are highly desirable.

Key Requirements - Experience &Skills;
- Experience: Minimum of 3-5 years of underwriting experience, preferably in property and engineering insurance.

- Proficiency in risk assessment tools, Policy issuance system, and data analysis.

- Solid analytical and problem-solving abilities.

- Excellent communication and negotiation skills.

- Attention to detail and the ability to work under pressure.

- Knowledge of relevant industry regulations and standards.

📌 Senior Manager - Underwriting (Bengaluru)
🏢 HDFC ERGO General Insurance
📍 Bengaluru