
AVP - Specialty Underwriting - M6 grade | FINJO N965
4 weeks ago
This position is to profitably grow & manage specialty lines portfolio of company such as Surety Bond
Insurance, Trade Credit Insurance and the like. Apart from the core activity of underwriting this position
involves effective & efficient process development for underwriting & document issuance. This position is
also responsible for ensuring that business from respective products is done in compliance with guidelines
of regulator, other government agencies & guidelines set by board of company.
Main Responsibility
1. Business growth – Assist all stake holder in growth of business.
2. Profitability – Underwriting practices which are developed &; followed must lead to underwriting
profit.
3. Portfolio management - Review & analysis of portfolio in terms of both top & bottom line.
4. Compliance – To ensure that all regulatory, underwriting & other applicable government guidelines
are followed.
5. Team development – To identify areas of improvement of team-mates & provide them resources
required for improvement.
Qualification and Experience Requirement
Education : Post-graduation in any stream & Fellowship or Associateship from Insurance
Institute of India. It is preferable that the candidate has under graduation in
finance stream and / or has qualified as a chartered accountant / CFA.
Experience : Minimum 10 years in commercial lines underwriting & at least 2 years
handling Surety Bond Insurance
Public
Asia Regional Office –Job Description 2
Behavioral Skills (Role specific)
: Behavioral Skills Behavioral Traits Execution
1. Prioritize work and look for best
practices to achieve excellent results
2. Determined when facing difficulties
Proactivity
1. Accountable and proactive in satisfying
customer needs
2. Proactive for learning opportunities
and ways to grow
Decision Making
1. Make things simple for customers
2. Use data to quickly make right
decisions
3. Identify key stakeholders and involve
them in making decisions
Adaptability
ty 1. Adapt quickly to changes
People
Empowerment
1. See through customers' perspective
and act with empathy and care
2. Build relationships based on trust and
collaboration, living company values
Teamwork
1. Build relationships based on trust and
collaboration living the company values
2. Share and seek feedback in order to
develop and grow
Openness
1. Search for new ways to improve
customer experience
2. Be courageous, curious, willing to
experiment and learn from mistakes
Inclusion
1. Listen to, and value diverse opinions
2. Think about leveraging technology to
explore solutions to problems
Functional Skills (Role Specific)
Extremely sound technical know-how of Surety Bond Insurance underwriting.
Portfolio management skills.
Good inter-personnel skills.
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