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Senior Manager - Property Underwriter

3 years

0 Lacs

Posted:9 hours ago| Platform: Linkedin logo

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On-site

Job Type

Full Time

Job Description

Role: Senior Manager- Property Underwriter Who Are We? BimaKavach is reimagining how Indian businesses access protection — with technology, speed, and simplicity at the core of everything we d o.We proudly serv e 3,00 0+ companies, including names lik e BSNL, Daikin, The Whole Truth, an d Clever Tap, and are backed by top investors li ke Waterbridge, Blume, Arali, and Eximi us.Our mission? To safeguard every Indian business by 20 47.Our mindset? Bold, fast-moving, and customer-obsesse d. Join us at BimaKavach and be part of a once-in-a-generation opportunity to reshape how insurance works for millions of businesses. Bring your expertise, curiosity, and ambition — and help build the future of SME insurance in In dia. Job Over view:We are looking for an experie nced Senior Ma nag er - Property Underwr iter to join our team. In this role, you will be responsible for securing and managing property insurance placements with a focus on meeting client needs, negotiating competitive terms, and coordinating with insurers to deliver optimal property insurance solutions. The ideal candidate will have strong industry knowledge, relationships and excellent negotiation skills to achieve favorable outcomes for cli ents. Key Responsibil ities: Ensure smooth servicing of property and liability policies by promptly addressing client needs and maintaining client satisf action.Float RFQs for property insurance and negotiate premiums and terms with insurers to align with client expectations and business requir ements.Track RFQs and perform quality checks on policy documents to ensure accuracy and minimize errors in documen tation.Conduct thorough property risk assessments and prepare detailed due diligence reports to inform underwriting decisions and enhance risk mana gement.Negotiate premium quotes and terms with insurers, particularly for large and medium-sized property proposals, to secure the best possible coverage for c lients.Submit Quote Comparison Reports (QCR) within the Turnaround Time (TAT), ensuring all data entered in the system is accurate and up-t o-date.Create service presentations for clients and generate monthly MIS reports on pending property and liability claims to ensure transparent communi cation.Maintain strong relationships with key contacts at insurance companies to support underwriting needs and ensure effective service de livery.Process property endorsement requests, including additions, deletions, and modifications, while coordinating with insurers to implement changes sm oothly.Respond to client queries regarding property-related matters within 24 hours to ensure fast and efficient reso lution. Qualifi cations: E ducation: Bachelor’s degree in Finance, Business, Insurance, or a relat ed field.Ex perience: Minimum of 3 years of relevant experience in property insurance placeme nt fiel d.Skills:Strong unde rstanding of property insurance products, policy structures, and risk as sessment.Proven negotiation skills with ex perience liaising with insurers, brokers, a nd clients.Excellent an alytical skills and attention to detail in evaluating policy wordings a nd terms.Effective comm unication and interpersonal skills to build strong relationships and explain technical information clearly.Proficiency in using insurance place ment and CRM software.Has managed flows of 8-10 RF Q per day Ke y Details:Locati on: MumbaiCompensation: Competitive market pay along with a variable performance-based componentDate of Joi ning: ASAP

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BimaKavach

12 Jobs

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