Role Overview
Policybazaar for Business is hiring a mid-level Assistant Manager Underwriting. This is a full-time role in IN. Part of Policybazaar for Business's Risk hiring. Full responsibilities, required qualifications, and the apply link are listed in the description below.
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Job Description
As an Assistant Manager/Manager at our company in Bangalore, your role will involve identifying and understanding risks, preparing RFQs and comparisons, negotiating pricing with insurers, designing benefit plans, and providing sales support for corporate clients in the Employee Benefits (EB) domain.
Key Responsibilities:
- Prepare RFQs and proposals for EB products, and obtain competitive quotes from insurers.
- Analyze claims MIS and terms and conditions to evaluate risks and present them to insurance companies.
- Negotiate pricing with insurers and identify cost-saving discounting factors.
- Prepare QCR, placement slips, and quote presentations.
- Collaborate with client-facing colleagues to understand client requirements and provide end-to-end solutions for placing business with insurers.
- Identify client risk exposures, understand insurance requirements, and offer appropriate insurance solutions.
- Conduct timely meetings with insurers and client stakeholders to build and maintain relationships.
- Demonstrate a strong understanding of PSU insurers, including their calculators and formats.
Qualifications Required:
- Minimum 5 years of stable experience in the insurance industry, focusing on insurer relationship management, EB placement, or client servicing in a broker or TPA firm.
- Graduation or MBA in insurance will be a plus.
- Goal-oriented with a positive attitude, sincerity, hard work ethic, and ambition.
- Excellent verbal and written communication skills with a clear expression of thoughts.
- Proficiency in MS Excel and MS Office.
- Strong analytical skills.
- In-depth knowledge of PSU, DO, RO offices.
Join us in this challenging yet rewarding role where you can utilize your experience and skills to effectively manage insurer relationships, analyze risks, and provide tailored insurance solutions to our corporate clients. As an Assistant Manager/Manager at our company in Bangalore, your role will involve identifying and understanding risks, preparing RFQs and comparisons, negotiating pricing with insurers, designing benefit plans, and providing sales support for corporate clients in the Employee Benefits (EB) domain.
Key Responsibilities:
- Prepare RFQs and proposals for EB products, and obtain competitive quotes from insurers.
- Analyze claims MIS and terms and conditions to evaluate risks and present them to insurance companies.
- Negotiate pricing with insurers and identify cost-saving discounting factors.
- Prepare QCR, placement slips, and quote presentations.
- Collaborate with client-facing colleagues to understand client requirements and provide end-to-end solutions for placing business with insurers.
- Identify client risk exposures, understand insurance requirements, and offer appropriate insurance solutions.
- Conduct timely meetings with insurers and client stakeholders to build and maintain relationships.
- Demonstrate a strong understanding of PSU insurers, including their calculators and formats.
Qualifications Required:
- Minimum 5 years of stable experience in the insurance industry, focusing on insurer relationship management, EB placement, or client servicing in a broker or TPA firm.
- Graduation or MBA in insurance will be a plus.
- Goal-oriented with a positive attitude, sincerity, hard work ethic, and ambition.
- Excellent verbal and written communication skills with a clear expression of thoughts.
- Proficiency in MS Excel and MS Office.
- Strong analytical skills.
- In-depth knowledge of PSU, DO, RO offices.
Join us in this challenging yet rewarding role where you can utilize your experience and skills to effectively manage insurer relationships, analyze risks, and provide tailored insurance solutions to our corporate clients.
Frequently Asked Questions
How do I apply for the Assistant Manager Underwriting position at Policybazaar for Business?
Use the Apply button above to submit your application directly to Policybazaar for Business. 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 Assistant Manager Underwriting position at Policybazaar for Business located?
This position is based in IN. Policybazaar for Business has not indicated remote or hybrid options for this role, so candidates should plan for on-site work.
What does a Assistant Manager Underwriting at Policybazaar for Business earn?
Policybazaar for Business 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 Assistant Manager Underwriting role at Policybazaar for Business posted?
This role was posted on April 22, 2026 (54 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.
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