AVP - Marine Underwriter

The role is with one of the leading General Insurance Company.

About the Role

The incumbent would lead a category of cargo segment from an underwriting perspective, would be responsible for ensuring topline in the form of business growth & market share and bottom line in the form of loss ratio.

Responsibilities

• Managing all complex underwriting quotes and/or proposals of that specific cargo segment.
• Handling reinsurance aspects of that segment.
• Create underwriting guidelines and information sheets for various cargo forms part of that segment.
• Innovation in the underwriting approach to structure policy design to suit the exact requirements of insureds and/or intermediaries.
• Identifying niche pockets within the segment for potential and sustainable business growth.
• Monitoring claims and loss reserves of the segment and working in synergy with the claims team to optimise loss reserves of that segment.
• Seamless working with the marine risk management team for controlling and managing losses for further improvement of the bottom line.
• To lead interactions with internal stakeholders and partners for speedy resolutions of identified issues.
• Preparation of MIS reports for management review, highlighting concern areas and monitoring product management to ensure profitability.
• The incumbent would also specifically handle:
• Any projects, at the product level or function level or at organisational level.
• Create working cohesiveness with the regional team for the growth of the allocated segment.
• Create a risk register of various cargoes forming part of that segment.

Qualifications

• Expert knowledge of marine cargo as a product.
• Assertiveness in the execution of various projects.

Required Skills

• Total of 12+ years of Industry experience.
• Core 7+ years of work experience in marine cargo underwriting.