Manager - Surety Bond & Trade Credit Underwriting

3 days ago

Mumbai Metropolitan Region, India RightMatch HR Services Private Limited Full time ₹ 9,00,000 - ₹ 12,00,000 per year

The role is with a leading General Insurance company.

About the Role
:

This role supports the underwriting of Surety Bond Insurance and Trade Credit Insurance products. They will assist in evaluating proposals, conducting financial and compliance reviews, preparing underwriting notes and coordinating with internal and external stakeholders for efficient document issuance. The role also involves maintaining regulatory and internal compliance, and contributing to process improvements and portfolio monitoring.

Responsibilities
:

  • Underwriting Support
    – Assist in evaluating proposals for surety and credit products, including financial analysis, risk assessment, and documentation.
  • Process Execution
    – Ensure timely and accurate issuance of underwriting documents and bonds.
  • Compliance
    – Maintain adherence to IRDAI guidelines, internal underwriting policies, and other applicable regulations.
  • Portfolio Monitoring
    – Support periodic review of portfolio performance and flag early warning signals.
  • Stakeholder Coordination
    – Liaise with brokers, clients, legal, finance, and operations teams for smooth execution of underwriting decisions.
  • MIS & Reporting
    – Maintain underwriting trackers, prepare MIS reports, and assist in audit documentation.

Qualifications
: CA / CA Inter / MBA

Required Skills
:

  • Strong analytical and financial assessment skills.
  • Excellent communication and interpersonal skills.
  • Attention to detail and strong organizational abilities.
  • Experience in underwriting Surety Bond and Trade Credit Insurance.
  • Familiarity with IRDAI regulations.

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