Role & responsibilities

- Assess risk submissions and determine appropriate coverage terms, policy conditions, deductibles, warranties and pricing in line with underwriting guidelines and profitability objectives.

- Evaluate cargo exposures based on commodity type, transit routes, packaging standards, mode of conveyance, storage locations and risk management practice

- Handle large corporate, multinational and complex marine insurance accounts, including customized and structured insurance solutions.

- Drive profitable portfolio growth through effective underwriting, renewal retention and acquisition of quality recent business.

- Negotiate terms, pricing and coverage conditions with brokers, clients and internal stakeholders to secure sustainable and profitable business opportunities.

- Collaborate with Risk Engineering, Marine Loss Control and Claims teams to review risk improvement recommendations, survey findings and claims experience.

- Provide technical underwriting guidance and support to Sales Teams, Relationship Managers, Brokers and Clients.

- Build and maintain strong relationships with insurance brokers, corporate clients, multinational organizations,



surveyors and other key industry stakeholders.

- Monitor market trends, competitor offerings, industry developments and emerging risks to support underwriting strategy and portfolio management.

- Ensure compliance with underwriting guidelines, regulatory requirements, reinsurance parameters and internal governance standards.

- Support business planning, portfolio reviews, product enhancement initiatives and underwriting process improvements.

Preferred candidate profile

- 5-6 years of experience in Marine Insurance Underwriting is mandatory

- Strong expertise in Marine Cargo Insurance

- Sound knowledge of Institute Cargo Clauses (ICC), ITC Clauses, marine policy wordings, Incoterms and international trade practices.

- Experience in handling large corporate and multinational insurance programs.

- Exposure to facultative reinsurance placements and portfolio management.

- Strong analytical, negotiation, relationship management and communication skills.

- Ability to independently manage large and complex accounts while maintaining portfolio profitability.

📌 Senior Manager | Marine Insurance Underwriting (New Delhi)
🏢 TATA AIG General Insurance Company
📍 New Delhi