Assistant Manager

Job Profile

• Serve as a technical risk expert responsible for evaluating and managing agricultural insurance portfolios under the PMFBY and RWBCIS frameworks.
• Bridge the gap between raw data and strategic decision-making by identifying various risks based on both Qualitative and Quantitative parameters.
• Drive the Tender Analysis process by converting complex government data into actionable risk-return profiles for different state clusters.
• Coordinate between specialized units like UW, Actuarial, Weather & Remote Sensing, and Field Operations to ensure a holistic approach to risk identification and risk mitigation.
• Key Responsibilities
• Qualitative Assessment: Evaluate non-numeric risk factors such as political environment, moral hazard (farmer behavior), local agronomic practices etc for specific crops.
• Quantitative Modeling: Analyze historical yield data and Loss Ratio Trends under Yield Loss and Add-on cover scenarios to estimate future financial liabilities.
• Tender Management: Lead the preparation and validation of large-scale data for government tenders and perform cluster-wise risk-return analysis for bidding.
• Scheme Compliance: Good understanding of Operational Guidelines of PMFBY and Govt Tech initiatives.
• Cross-Functional Collaboration: Work closely with the Underwriting, Field, Operations, Weather/Remote Sensing, and Actuarial teams to refine risk strategies.
• Policy Monitoring: Evaluate state-level policy changes and notifications that could impact the companys risk exposure.

• Requirements
• Experience: 3–4 years of core experience in general insurance, specifically in Crop Insurance Risk Management for both PMFBY and RWBCIS.
• Basic understanding of weather parameters and Remote Sensing indices (e.g., NDVI) used in crop health monitoring
• Technical Efficiency: Advanced mastery of MS Excel (pivot tables, complex formulas, data cleaning for millions of rows) and high proficiency in all other MS Office tools.
• Presentation Skills: Proven ability to create high-impact MS PowerPoint presentations for internal stakeholders and management reviews.
• Analytical Skills: Strong ability to identify data anomalies and perform gap analysis on diverse datasets.
• Communication: Excellent verbal and written communication skills for effective internal and external liaison.
• Education Qualifications
• Primary Degree: Bachelors degree in agriculture, Agribusiness Management, Economics, Statistics, or Finance.
• Preferred Postgraduate: MBA in Agribusiness or a masters degree in Statistics/Economics is highly preferred for this role.