(Urgent Search) Deputy Manager Commercial Underwriting

6 days ago


Pune India Bajaj General Insurance Full time

Job Description - Risk Assessment and UW - Implementation and monitoring of various underwriting guidelines related to Commercial products. - Main accountability includes Risk analysis, Risk acceptance, Risk selection, Policy coverage (Policy wording, Add-on covers, Exclusions / Inclusions etc.), Renewal business, etc. within the purview of set Underwriting Guideline to achieve the desired business outcomes - Maintain TAT and compliance as per UW authority matrix. - Reviewing proposals and providing Inputs in terms of local market dynamics, nature of business, quality of risk and recommendations thereof. - Strong market intelligence i.e. a broader view of the market we operate in /competitors details for formulating internal strategies. - Work in close coordination with the sales team on the available profitable business opportunities falling with the underwriting guidelines of the company. - Review the risk based on the market intelligence and based on the third-party risk inspection reports - Relationship management - Interacting with internal stakeholders (Operations, Marketing, Finance, Claims etc.) to meet the smooth proceedings of the business requirements at various stages - Develop the key relationship with major clients and Intermediaries along with marketing team to develop long term sustainable business growth - Analytics & MIS Reporting - Analyzing the risk and identifying business that can be picked up in declined risk category and seek necessary approvals from seniors/HO for the same



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