Senior Manager

6 days ago

Mumbai, Maharashtra, India Murugappa Group Full time ₹ 15,00,000 - ₹ 25,00,000 per year

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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