Senior Underwriter

1 week ago

Mumbai, Maharashtra, India Allianz Full time ₹ 15,00,000 - ₹ 25,00,000 per year
Key responsibilities:
  • Underwrite new and renewal accounts to meet top and bottom line targets (local and/or regional). Negotiate participation, pricing and terms and conditions with brokers. Proactively manage capacity.
  • Underwrite in line with LoB governance framework - e.g. Underwriting Authorities, global MSU, Underwriting Guidelines, Rules and Principles
  • Ensure contract certainty is achieved on all accounts at time of inception.
  • Ensure accurate policy documentation issued to broker (where AGCS responsibility to do so) or broker has issued documentation (where broker responsibility).
  • File maintenance – ensure file is established (whether electronic or paper) and maintained for each risk and transaction handled.
  • Proactively support acqusition of new business and retention of existing business (including client and broker negotiations where necessary).
  • Proactively liaise with Distribution Management team on market management initiatives.
  • Positively represent AGCS externally to the market.
  • Proactively drive involvement of functional areas in Underwriting process, including e.g. MMC, ARC, Claims, Operations.
  • Develop and maintain strong relationships with key brokers and clients and other relevant stakeholders (e.g. risk managers.

Allianz

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