27 Oct
|
RM INSURANCE BROKING PRIVATE
|
Jaipur
27 Oct
RM INSURANCE BROKING PRIVATE
Jaipur
RM Insurance Broking Private Limited is seeking an experienced Senior Non-Motor Underwriter to join its team in Jaipur, Rajasthan. The successful candidate will evaluate and underwrite non-motor risks, guide a team of junior underwriters, and support the organisation's sales and client servicing functions with sound technical judgement. This position is based in Rajasthan.
Key Responsibilities
Risk Assessment and Underwriting
- Evaluate and underwrite non-motor risks, including property, liability and marine lines, in line with company guidelines and prevailing market trends.
- Analyse risks, coverage requirements and pricing to determine appropriate terms and conditions.
- Ensure compliance with internal underwriting policies and applicable external regulations.
Team Leadership and Mentorship
- Lead and mentor a team of junior underwriters, providing guidance and support on underwriting decisions and technical matters.
- Assist in training new team members on underwriting processes and best practices.
Client and Stakeholder Interaction
- Support the sales and business development teams in understanding underwriting requirements and responding to complex client queries.
- Review and optimise pricing strategies, taking into account market conditions, competition and emerging risks.
- Engage with insurance companies to obtain bespoke products and contingent policies tailored to client needs.
Claims Support and Coordination
- Collaborate with the claims team to ensure the underwriting process aligns with claims handling practices.
- Review claims trends and provide input on risk management strategies to help reduce future claims.
Market Research and Product Development
- Keep abreast of industry trends, competitor offerings and emerging risks to ensure underwriting practices remain competitive.
- Provide input into the development and refinement of insurance products.
Requirements
- Minimum of 10 years of experience in non-motor underwriting, with a focus on property, liability or marine lines of business.
- Bachelor's or Master's degree in Insurance, Finance or a related field.
- Relevant professional certifications, such as Associate or Fellowship of the Insurance Institute of India, are an advantage.
- Solid analytical and risk assessment skills.
- Excellent communication and interpersonal abilities.
- Demonstrated leadership and team management experience.
- In-depth knowledge of the insurance industry, market dynamics, regulatory requirements and insurance products.
- Proficiency in underwriting software and MS Office.
- Ability to communicate effectively with insurance companies to arrange bespoke and contingent policies.
Compensation and Location
- Annual package of 8 to 10 LPA.
- Location: Jaipur, Rajasthan. Candidates based in Rajasthan only will be considered.
📌 GENERAL INSURANCE (Jaipur)
🏢 RM INSURANCE BROKING PRIVATE
📍 Jaipur