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 :-
1. Accuracy of underwriting and quotations ]
2. Turnaround time
3. Renewal retention
4. Client and insurer satisfaction

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