AVP/ Chief manager - Liability Underwriting for General Insurance, Mumbai

Talent Leads HR Solutions

  • Mumbai, Maharashtra
  • Permanent
  • Full-time
  • 2 months ago
Location Corporate Office – Mumbai
Reporting to Chief Underwriting OfficerKey PurposeAs a key member of the liability underwriting team, this role is accountable to determine if its profitable for the insurance company & and to establish the terms of coverage, should have following traits.Role and Responsibilities
  • Underwriting of Liability proposals for various products and clients.
  • Business development: Customer interaction for deal closures, Techno- marketing, Product Presentations etc.
  • Channel Management: interface between Brokers and Customers - training and development of various Liability products
  • Coordination with other depts.: such as reinsurance, product specialists and accounts.
  • Policy administration and documentation.
  • Contribute in price review exercise at regular intervals through market benchmarking ; identifying the areas for correction
  • Liaison with all stakeholders (Sales, IT, Operations, Legal & Compliance) for all Underwriting matters.
  • Ensure 100% compliance with all regulatory & product approval related aspects.
  • Work with IT and Operations staff to ensure that business requirements are met and that customers are provided with a high level of service.
Qualification and competencies
  • B.E. / B Tech / MBA/PG
  • 3 Years of experience in Underwriting with General Insurance firm
  • Hands on experience with analytical tools and statistical packages
  • Additional Insurance diploma or certification will be preferred
  • Excellent comprehension and communication skills
Key Success Indicators
  • Critical Thinking -- Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems.
  • Negotiation Skills-- Bringing others together and trying to reconcile differences.
  • Judgment and Decision Making -- Considering the relative costs and risks attached along with the benefits of potential actions to choose the most appropriate one.
  • Time Management -- Managing one and own time and the time of others and the ability to work tight deadlines.
  • Complex Problem Solving -- Identifying complex problems and reviewing related information to develop and evaluate options and implement solutions

Talent Leads HR Solutions