 
						Assistant Manager Commercial Underwriting
6 days ago
Assistant Manager Commercial Underwriting
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
Risk Assessment and UW related to Commercial products
Education/QualificationGraduate or Post Graduate 
• Qualifications in Insurance will be an added advantage (eg: Fellowship/ Associate/Licentiate of I.I.I.)
1.Good communication skills. 2.Flexible & adaptable to change. 3.Well versed with MS Office. 4.Should have good analytical and problem-solving skills. 5.Should be aware of the Local language.
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