Head – Commercial / Corporate Underwriter | General Insurance

🌟 We’re Hiring: Head – Commercial / Corporate Underwriter | General Insurance 🌟

📍 Location:

Department:

Reports To:

Experience Required:

CTC:

About the Role

Head – Commercial / Corporate Underwriter

Key Responsibilities

1. Risk Assessment & Underwriting

• Evaluate and underwrite risks across Fire, Engineering, Marine, Liability, and Miscellaneous lines.
• Analyze proposals, inspection reports, and client profiles to assess risk acceptability.
• Determine terms, conditions, and pricing aligned with underwriting guidelines and reinsurance treaties.
• Ensure full compliance with regulatory, underwriting, and reinsurance norms.

2. Portfolio Management

• Maintain a balanced, profitable underwriting portfolio.
• Monitor loss ratios and claims trends; initiate corrective actions where needed.
• Revise and improve underwriting guidelines in response to market dynamics.

3. Relationship Management

• Collaborate with intermediaries (brokers, agents, corporate partners) to provide technical underwriting support.
• Support business teams with customized corporate insurance programs.
• Participate in client meetings, risk presentations, and renewal discussions.

4. Compliance & Documentation

• Ensure accurate policy issuance and documentation.
• Maintain adherence to IRDAI regulations and audit requirements.
• Participate in risk audit reviews and ensure timely closure of observations.

5. Cross-functional Collaboration

• Work closely with Claims, Reinsurance, Actuarial, and Sales teams for seamless business operations.
• Mentor and guide junior underwriters and branch teams.

Required Skills & Competencies

• Strong analytical and risk assessment abilities.
• Deep knowledge of commercial/general insurance products.
• Understanding of reinsurance arrangements.
• Excellent communication, negotiation, and decision-making skills.
• Proficient in MS Office and underwriting software/tools.

Educational Qualifications

• Graduate/Postgraduate in any discipline.
• Preferred: Insurance certifications such as Licentiate/Associate/Fellow (III) or equivalent.

Key Performance Indicators (KPIs)

• Portfolio profitability (Loss Ratio, Combined Ratio)
• Turnaround time for proposal underwriting
• Accuracy and compliance in underwriting documentation
• Retention and renewal rates in the commercial segment

Interested candidates can share their CVs at:

• hr@policype.com

✨ Join us and play a key role in shaping a profitable and sustainable commercial underwriting portfolio! ✨