Deputy Manager - Commercial Underwriting

Department Icon Insurance- General Insurance
Posted: 1 year ago
4-6 years
Others
Insurance- General Insurance
work from office
Full Time

Posted: 1 year ago
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Posted over 15 days ago, so the role may have closed. Confirm on the employer's page when you apply, or see similar jobs.

Job Description

Location: Goregaon Airoli


Job Profile


- Understanding of Property(SFSP, IAR, Large risk), Engineering (Project Annual), Marine Misc line of business.


- Risk analysis, Risk acceptance, Risk selection, Policy coverage (Policy wording, Add-on covers, Exclusions / Inclusions Special warranties, Pricing Deductibles, Reinsurance adherence, Risk management overview, claims review) within the purview of set Underwriting Guideline.


- Preparation of RI slips discussion with CO.


- Carry out meetings with brokers/customers to understand their requirements and design the insurance terms accordingly.


- Maintain TAT and compliance as per UW authority matrix


Key Responsibilities:


- Understanding of Property(SFSP, IAR, Large risk), Engineering (Project Annual), Marine Misc line of business.


- Risk analysis, Risk acceptance, Risk selection, Policy coverage (Policy wording, Add-on covers, Exclusions / Inclusions Special warranties, Pricing Deductibles, Reinsurance adherence, Risk management overview, claims review) within the purview of set Underwriting Guideline.


- Preparation of RI slips discussion with CO.


- Carry out meetings with brokers/customers to understand their requirements and design the insurance terms accordingly.


- Maintain TAT and compliance as per UW authority matrix


Required Skills & Qualifications:


- Strong knowledge of Property, Engineering, and Marine insurance lines with a focus on risk analysis and underwriting.


- Experience interpreting and applying underwriting guidelines and authority matrices.


- Familiarity with policy coverage components including wording, endorsements, exclusions, warranties, and deductibles.


- Ability to prepare and negotiate Reinsurance slips with reinsurers and corporate teams. This job is provided by Shine.com.

Skills

UnderwritingRisk ManagementReinsuranceInsurance OperationsComplianceRisk Management

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