Surety Underwriting Manager

SBI General Insurance

2 - 6 years

7 - 15 Lacs

mumbai

Posted:14 hours ago| Platform:

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Skills Required

credit underwriting insurance underwriting

Work Mode

Work from Office

Job Type

Full Time

Job Description

Job Role : -

Job Location :-

Roles & Responsibilities

Liaison with Lead -Surety Underwriting to devise underwriting strategy to maintain defined loss ratio targets
Interact with other stakeholders specifically the sales team to understand the objectives set by them for Corporate & SME products at the circle level
Analyse market trends in respect of Surety LOB, seek feedback from third party stakeholders like insured, beneficiary & brokers to know market dynamics and accordingly provide inputs to grow business
Provide inputs to sales team on segments to target, USP of our product compared to market players products and our risk appetite to source desired business.
Co-ordinate with Sales, Intermediaries and Clients to evaluate the risk exposure and viability of any risk with suitable terms and pricing
Check Claims report and Business data at regular intervals to track achievement of Topline and Bottomline targets
Conduct meetings with the clients, Agents, brokers and bankers to explain the product.

Education Qualification:

Experience in handling bank credit facility department (Corporate) / trade credit insurance risk UW / handled structured finance / Infra finance or revenue management

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