01Overview
Job Title: Head Insurance Underwriter (Commercial Lines ) Accurate Risk Managers & Insurance Brokers Department: Underwriting / General Insurance Reporting To: Director
Location: Kothrud Job Purpose :
To evaluate, assess, and underwrite insurance proposals within the assigned line of business ( Commercial Lines Fire , Marine , Engineering , Liability , Financial lines & Motor ), ensuring profitability, compliance with underwriting guidelines, and support to sales and servicing teams. Key Responsibilities :-
Analyse insurance proposals and assess risk based on underwriting guidelines.Prepare underwriting reports, quotations, and technical evaluations.Liaise with insurance companies for quotations, negotiations, and policy terms.Support the sales team with technical inputs for new business and renewals.Manage renewals including pricing, negotiations, and timely closures.Coordinate with internal teams and insurers for policy issuance and endorsements.Maintain proper documentation and underwriting records.Ensure compliance with IRDAI regulations and company policies.
Commercial Lines
Underwrite policies such as Fire, Marine, Liability, Engineering, etc
. Assess risk based on property, business operations, and exposure Review technical documents (valuation reports, risk inspections, etc.)
Support risk improvement and loss prevention recommendations *Key Skills & Competencies :-
Understanding of the assigned insurance line ( Commercial Line)Analytical and risk assessment skills Negotiation and communication skillsMS Excel proficiencyAttention to detail and time management *Qualification & Experience : Graduate / Postgraduate in Insurance, Finance, or related field 15 years of experience in underwritingKnowledge of IRDAI regulations Insurance certifications (Licentiate / Associate III / IIB) preferred Freshers can be considered for trainee roles *KPIs :1. Accuracy of underwriting and quotations 2. Turnaround timeRenewal retention 4. Client and insurer satisfaction .
