We are seeking a highly motivated and detail-oriented Non-Motor Underwriter to join our Underwriting Team. The successful candidate will be responsible for evaluating, pricing, and underwriting a range of non-motor insurance products including but not limited to property, engineering, marine, liability, and other general lines. You will play a key role in portfolio profitability, risk management, and client relationship development.
Key Responsibilities:Underwriting & Risk Assessment
- Evaluate new business proposals, renewals, and endorsements in non-motor lines (property, engineering, liability, marine, etc.).
- Analyze documentation including proposal forms, technical reports, loss history, inspection reports, and survey findings to assess risk acceptability.
- Apply appropriate pricing models, terms, and conditions based on internal underwriting guidelines and reinsurance treaties.
- Structure tailor-made solutions for clients with complex risk profiles.
Portfolio Management
- Monitor performance of the assigned portfolio including loss ratios, renewal retention, and profitability.
- Identify trends, risk concentration, and opportunities for improvement in underwriting practices.
- Implement underwriting controls and contribute to strategic decision-making based on portfolio data.
Client & Broker Engagement
- Work closely with intermediaries (brokers and agents) to provide underwriting support and maintain business relationships.
- Participate in client meetings, technical discussions, and product presentations when needed.
- Provide feedback and support to distribution channels on underwriting queries and product features.
Documentation & Compliance
- Ensure all underwriting decisions and documentation are in compliance with company policies, regulatory guidelines, and audit requirements.
- Maintain proper records of decisions, quotations, endorsements, and correspondence with clients or brokers.
- Support internal and external audits with timely and accurate information.
Product & Market Development
- Assist in the development and enhancement of non-motor insurance products.
- Provide insights on market trends, competitor offerings, and client needs.
- Participate in internal training, underwriting policy updates, and product rollout sessions.
Job Types: Full-time, Permanent, Fresher
Pay: ₹302,295.76 - ₹1,078,049.36 per year
Schedule:
- Day shift
- Monday to Friday
- Morning shift
- Weekend availability
Supplemental Pay:
- Commission pay
- Performance bonus
Work Location: In person