JOB SUMMARY The Underwriting Manager is responsible for assessing client risk profiles, securing competitive terms from insurers, and ensuring smooth placement and issuance of policies. KEY RESPONSIBILITIES • Evaluate client risk profiles and prepare underwriting submissions for placement with insurers. • Obtain competitive quotes from multiple insurers and prepare comparative terms for clients. Negotiate premium rates, terms and conditions with insurers to secure optimal coverage for clients. • Coordinate with insurers for policy issuance, endorsements and renewals within agreed turnaround times. • Maintain underwriting records, MIS reports and market intelligence on insurer appetite and pricing trends. • Liaise with sales and servicing teams to align on client requirements and track market developments, new products and regulatory changes affecting underwriting.
QUALIFICATIONS & EXPERIENCE • Graduate in any discipline (Commerce, Insurance, Risk Management or related field preferred); a diploma/certification in Insurance or Risk Management is an added advantage. • 5 –6 years' experience in underwriting or insurance placement, preferably with a broking firm or insurance company. KEY SKILLS • Solid understanding of insurance products, underwriting principles and IRDAI regulations. • Excellent negotiation and relationship management skills with insurers. • Strong analytical, communication and organisational skills. • Ability to manage multiple placements and renewals simultaneously against deadlines.