Senior Manager
6 days ago
Role & responsibilities:
Underwriting
- Underwrite risks after careful evaluation to minimize possible losses through moral hazard, bad profile etc.
- Handle competitive pressures ; Price non-tariff risks in accordance with the risk profile and tariff risks in accordance with the relevant tariff provision
- Ensure policy and underwriting documentation
- Define and monitor underwriting and operational processes
Portfolio Management
- Manage P&L of assigned service line
- Analyze portfolio mix and performance on a periodic basis
- Take corrective actions where necessary to ensure achievement of P&L goals
- Constantly build a profitable book of business
Product Development
- Develop new products based on market needs
Reinsurance
- Ensure risk acceptance is as per reinsurance agreements and manage placement of risks outside the arrangement limits in co-ordination with reinsurance department
Preferred candidate profile:
Graduation + Insurance Associate / MBA
12 years of experience of which at least 5-7 years is in handling risks in desired area along with profit center responsibility.
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