Key Responsibilities:

Underwriting &amp; Risk Assessment

<ul>
<li style="margin-left:0px;">Evaluate and underwrite proposals for property, fire, burglary, engineering, and other miscellaneous retail products.</li>
</ul>

<ul>
<li style="margin-left:0px;">Analyze risk exposures, policy terms, and coverage requirements.</li>
</ul>

<ul>
<li style="margin-left:0px;">Ensure adherence to underwriting guidelines, pricing models, and regulatory norms.</li>
</ul>

Portfolio Management

<ul>
<li style="margin-left:0px;">Monitor performance of underwritten risks and contribute to portfolio profitability.</li>
</ul>

<ul>
<li style="margin-left:0px;">Identify trends and recommend corrective actions for adverse loss ratios.</li>
</ul>

Stakeholder Engagement

<ul>
<li style="margin-left:0px;">Support channel partners and intermediaries with technical underwriting inputs.</li>
</ul>

Documentation &amp; Compliance

<ul>
<li style="margin-left:0px;">Maintain accurate underwriting records and documentation.</li>
</ul>

<ul>
<li style="margin-left:0px;">Ensure compliance with IRDAI regulations and internal audit requirements.</li>
</ul>

Product Development &amp; Innovation

<ul>
<li style="margin-left:0px;">Provide feedback on product features and market trends.</li>
</ul>

<ul>
<li style="margin-left:0px;">Collaborate with product teams to enhance offerings based on customer and market needs.</li>
</ul>
 
Qualifications &amp; Skills:

Education:

<ul>
<li style="margin-left:0px;">Graduate/Postgraduate in Insurance, Risk Management, or related field.</li>
</ul>

<ul>
<li style="margin-left:0px;">Professional certifications (e.g., Fellowship/Associateship from III) preferred.</li>
</ul>

Experience:

<ul>
<li style="margin-left:0px;">3–6 years of underwriting experience in non-motor, non-health retail lines.</li>
</ul>

Skills:

<ul>
<li style="margin-left:0px;">Strong analytical and decision-making skills.</li>
</ul>

<ul>
<li style="margin-left:0px;">Knowledge of underwriting tools and risk assessment techniques.</li>
</ul>

<ul>
<li style="margin-left:0px;">Proficiency in MS Office</li>
</ul>

<ul>
<li style="margin-left:0px;">Excellent communication and stakeholder management skills. </li>
</ul>

Commercial Lines Underwriting in Pune (UID-16459)

Job Description

Job Details

Skills Required for Commercial Lines Underwriting

Job Description for Commercial Lines Underwriting

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