Job Title: Insurance Underwriter (Commercial Lines)

Department: Underwriting / General Insurance

Reporting To: Head – Underwriting / Senior Underwriter

Location: Kothrud

Job Purpose To evaluate, assess, and underwrite insurance proposals within the assigned line of business ( Commercial Lines ), 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 ]
- Turnaround time
- Renewal retention
- Client and insurer satisfaction

📌 Senior underwriter - commercial lines & claims | Freshers (Pune)
🏢 Accurate Risk managers and Insurance Brokers
📍 Pune