Underwriter – Commercial Lines

5 years

9 - 0 Lacs

Posted:2 days ago| Platform: SimplyHired logo

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Work Mode

On-site

Job Type

Full Time

Job Description

Underwriter – Commercial Lines

1) Senior Manager (Underwriting) (salary-45000-83000)/per month

The Underwriter is responsible for evaluating and analysing the risks involved in Commercial

insurance proposals-

Fire, Engineering, Marine, Liability. They ensure sound underwriting practices while working closely

with insurers and clients to secure optimal coverage and terms.

Key Responsibilities:

Evaluate and assess insurance proposals as per IRDA underwriting guidelines and

documentation for Commercial

insurance proposals- Fire, Engineering, Marine, Liability.

Recommend suitable products, terms, and comparative premiums to internal sales team/customers.

Coordinate with insurers for quote procurement, premium negotiations and policy issuance within TAT.

Ensure accuracy in documentation like proposal forms, declarations, and endorsements.

Coordinate with internal teams – sales, operations, and claims – for smooth service delivery.

Maintain accurate underwriting records and reports.

Maintaining claim documentation for fire, engineering, marine & liability.

Key Skills & Competencies:

Sound knowledge of underwriting practices across

Commercial Lines products (including fire, engineering, marine & liability).

Excellent verbal & written communication skills.

Excellent MS Office skills like advanced Excel, PowerPoint presentations.

Familiarity with IRDAI regulations and insurance systems.

Qualifications:

Preferably engineering or any Graduate & Insurance certifications like Licentiate / Associate from III

will be preferred.

2–5 years of underwriting experience in General Insurance company or Insurance Broking Company.

Contact Person- 9175281359 (Jyoti Sharma)

Job Types: Full-time, Permanent

Pay: Up to ₹83,000.00 per month

Benefits:

  • Provident Fund

Work Location: In person

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