Deputy Manager Liability

5 days ago


Pune, Maharashtra, India Bajaj Allianz Life Insurance Company Limited Full time ₹ 8,00,000 - ₹ 24,00,000 per year

Deputy Manager Liability LOB

Description

1. Risk Assessment and Underwriting
Underwriting decisions based on underwriting authority and individual policies/programs - Provide technical inputs and advisory to the market on emerging risks and changing scenarios
Review technical, highly complex, large and inherently risky proposals
Evaluate proposal thoroughly considering past claims/cases and assess conformance with underwriting guidelines
Conduct 360 degree review of risks along with any associated loss ratio; decide on standard terms and conditions for the proposal
Arrive at the quotes to covert large accounts with substantial premiums in our favour

2. Premium Growth and New Client aquisition
Develop profitable relationships with broking houses and IMDs
Negotiate terms & Ensure presence on large accounts with high limit deployment
Advise clients and IMDs on products and covers
Visit the locations and meet major IMDs; understand problem areas and issues / concerns
Provide guidance, if required and resolve any issues / concerns from IMDs
review performance of channels, brokers and IMDs

3. Projects / Special Initiatives
Take up special projects / initiatives aimed at premium growth or strengthening the organizational processes & systems

4. Product Training
Drive implementation of various training efforts in case of new / existing product launch in terms of premium calculation; product nuances, etc.; clarify doubts and resolve concerns, if any
Assess areas of improvement amongst the IMDs and provide effective training to them; address development issues / concerns and enable them to drive sales for the organization in an effective manner
Training Content Development for various training programs to be conducted

Skills Required

Risk Assessment and Underwriting,Premium Growth and New Client aquisition

Education/Qualification

Graduation/PG

Desirable Skills

None


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