Commercial Underwriter

Job description

Role:- Commercial Underwriter (SME Segment) Experience: 5 to 7 Years Location: Mumbai Education: MBA (Mandatory) Role & Responsibilities • Prepare product policy wordings, underwriting guidelines, rating structures, schedules, and documents required for IRDA product filings. • Coordinate closely with Marketing, Claims, and Actuarial teams to finalize underwriting guidelines. • Collaborate with Technology teams for system maintenance and new requirement implementation. • Conduct product development and market research based on customer and market needs. • Maintain regular interactions with brokers and intermediaries. • Develop robust monitoring systems for underwriting control. • Analyze the performance of general insurance products and take proactive corrective actions. • Prepare periodic reports for the Management Committee related to product portfolio performance. • Ensure timely and quality responses, adhering to TAT for quote submissions. • Provide technical leadership, direction, and support to Sales and Underwriting teams. • Develop initiatives to manage and improve loss ratios. • Create tools and dashboards to monitor KPIs and product performance. Preferred Candidate Requirements • Handson experience in handling the SME segment within SME Commercial Business. • Strong knowledge of SME insurance products. • Solid experience in Commercial Underwriting. • Strong analytical, communication, and stakeholdermanagement skills. • Ability to work crossfunctionally with various internal teams. Regards, Khushi