Senior Manager - Commercial Lines Underwriting & Claims

Full Timesenior

Mumbai, Maharashtra, INPosted 7 weeks ago

Role Overview

InsuranceManager.com is hiring a Senior Manager - Commercial Lines Underwriting & Claims. This is a full-time role in Mumbai. Part of InsuranceManager.com's Risk hiring. Full responsibilities, required qualifications, and the apply link are listed in the description below.

Salary Context

Salary is not disclosed in this posting. Market median for Senior-level Risk roles is $94k-$142k (based on 61 comparable listings). Many employers share specifics during the interview process or after an initial screen.

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ORComplianceNameRiverBankInsuranceBrokersPvtLtd

Job Description

Company Name: RiverBank Insurance Brokers Pvt. Ltd.

Role: Senior Manager – Commercial Lines Underwriting & Claims

Industry Type: General Insurance Broking

Responsibilities

We are seeking a highly motivated Senior Manager for Commercial Lines Underwriting & Claims to join our Riverbank Insurance Brokers Team.

Conversant with Preparation of RFQ for Fire, IAR, Marine & Engineering RFQ proposal.
Understanding of Client business to provide tailored solutions to their specific requirements.
Review and correcting of risk, risk audit report and portfolio GAP Analysis.
Identifying the Insurer best suited for the company as well as the client and strengthening the relationship with the insurer.
Preparation of RFQ & QCR and insurer selection based on Price- Coverage-Service-Flexibility.
Assistance in Techno-marketing and communicating the USP in quote.
Presentations to clients on claims capability and claims management, Involvement in GAP Analysis
Involvement in Factory visit for Risk Inspection and subsequent Implementation.
To mentor and coach commercial claims team and provide regular feedback and training.
Manage and oversee the handling of complex commercial claims, including property, Burglary, marine, engineering policies.
Ensure claims are handled in compliance with Insurance company policies, industry standards, & regulations.
Liaison with Surveyors & Insurer’s Claim Handlers.
Recommending Property Value-added services (VAS programs) and driving their implementation viz. Electrical Audit and Thermography.
Act as a point of escalation for complex or sensitive claims issues.

Requirements and skills

Proven experience of around 5 to 10 years in Commercial Lines – Claims & Underwriting handling.
Good comprehensive knowledge of insurance products including Property Insurance, Marine Transit Insurance, Engineering Insurance ,Liability Insurance, etc.
Excellent skills in presentations, communication, negotiation and problem solving.
Experience in delivering client-focused solutions and claims management systems.
Minimum Education criteria: Graduation in any stream, Engineering background will be an added advantage.

Salary Range: 12-15 LPA

About InsuranceManager.com

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Frequently Asked Questions

How do I apply for the Senior Manager - Commercial Lines Underwriting & Claims position at InsuranceManager.com?

Use the Apply button above to submit your application directly to InsuranceManager.com. Most applications take less than 5 minutes if your resume and contact details are ready, and you'll be routed to the employer's official application system to finish.

Where is the Senior Manager - Commercial Lines Underwriting & Claims position at InsuranceManager.com located?

This position is based in Mumbai. InsuranceManager.com has not indicated remote or hybrid options for this role, so candidates should plan for on-site work.

What does a Senior Manager - Commercial Lines Underwriting & Claims at InsuranceManager.com earn?

InsuranceManager.com has not disclosed a salary range in this posting. Many employers share specifics later in the interview process; you can also ask during a recruiter screen if compensation transparency is important to you.

When was the Senior Manager - Commercial Lines Underwriting & Claims role at InsuranceManager.com posted?

This role was posted on May 5, 2026 (52 days ago). It's still listed as actively hiring; we re-confirm openings against the source system multiple times per day and remove closed roles.

How much experience does the Senior Manager - Commercial Lines Underwriting & Claims role at InsuranceManager.com require?

This is a senior-level position. Most senior roles call for 5+ years of directly relevant experience. InsuranceManager.com lists their specific requirements in the description below, so review the must-have qualifications closely before applying.