About the Role
The Executive/ Senior Executive – Trade Credit & Surety will support Unilight Insurance Brokers’ Trade Credit Insurance (TCI) and Surety Bonds practice. The role involves coordinating surety bond proposals between clients and insurers from submission through issuance, along with managing the day-to-day servicing and administration of clients’ trade credit insurance policies. This is a hands-on, client-facing role involving regular coordination with insurers, clients’ finance and commercial teams, and internal stakeholders. The position offers an prospect to build specialised expertise across trade credit insurance and surety bonds.

Key Responsibilities
Surety Bond Coordination Collect proposal documents from clients, including proposal forms, KYC, audited financial statements, existing bank guarantee/bond exposure, order book, and tender or contract documents. Review submissions for completeness and prepare underwriting submissions for insurers in the required format. Share submissions with multiple insurers, track responses, and follow up on underwriting queries until a decision is received. Prepare comparisons of insurer terms, including limits, pricing, collateral, indemnity and counter-guarantee conditions, for internal review and client presentation. Coordinate execution of agreements and indemnity documents, along with premium payment by the client. Coordinate issuance of bid bonds, performance bonds, advance payment bonds, retention money bonds and customs bonds, including checking bond wordings against the beneficiary’s prescribed format. Track bond validity, extensions, amendments, invocations and return of expired bonds; follow up for cancellation and release of limits. Maintain the surety proposal tracker with details of status, bond type, insurer, bond value,



premium and brokerage. Trade Credit Insurance Account Management Act as the day-to-day contact for clients on their Trade Credit Insurance policies after placement. Submit and follow up on buyer credit limit applications, increases and reviews through insurer portals, and communicate decisions to clients. Remind clients of and track periodic turnover / sales declarations and overdue (non-payment) reporting within policy deadlines. Monitor premium invoices, adjustments and payments, and reconcile details with clients and insurers. Support claims by helping clients notify threatened losses within timelines, collecting claim documents and tracking progress with insurers. Collect renewal data, including sales turnover, buyer lists, loss history and ageing, and prepare renewal submissions. Maintain policy files, endorsements and buyer limit registers for each client. MIS, Compliance & Internal Support Prepare weekly and monthly MIS covering pipeline, placements, bonds issued, premium and brokerage. Ensure documentation meets IRDAI and internal compliance requirements, including KYC and broking records. Coordinate brokerage invoicing and collection follow-ups with the Finance team. Support the AVP with client presentations, pitch material, market data and insurer meetings. Qualifications & Experience
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Education:
Graduate in Commerce, Finance, Business or a related discipline. MBA (Finance / Insurance) will be an added advantage.
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Experience:
2–3 years of experience in general insurance, insurance broking, surety, trade finance, bank guarantees or a credit-related function.
· Certifications: Licentiate / Associate qualification from the Insurance Institute of India or IRDAI broker qualification will be preferred. Candidates willing to pursue relevant certifications may also be considered.

📌 Executive/ Senior Executive (Mumbai)
🏢 Unilight Insurance Brokers Private
📍 Mumbai