Insurance Underwriter

Position Name - Underwriter / Placement– Non-Employee Benefits

Location – Mumbai

Experience Range - 4 - 10years

Mandatory Requirement:

• Strong technical underwriting knowledge in non-EB lines.
• Ability to assess complex risks and interpret policy wordings.
• Expertise in the Key LOBs such as Property (Fire & Allied Perils, IAR), Marine (Transit / Open / Import–Export), Liability (D&O, CGL, Product, Professional Indemnity Etc), Engineering (CAR, EAR, MB, EEI), Event Insurance, Cyber, Crime, and Specialty Lines (as applicable)

About the client:

Job Roles and Responsibilities:

• Underwrite new / rollover or renewal proposals in line with underwriting guidelines.
• Analyze risk submissions, proposal forms, claim history, and supporting documents.
• Determine appropriate coverage terms, pricing, deductibles, and limits.
• Coordinate with Insurance companies and internal / external teams for clarifications.
• Issue quotations, endorsements, and policy documentation.
• Support business development with technically sound underwriting inputs.
• Ensure compliance with regulatory and internal underwriting standards.
• Assist in resolving underwriting-related queries and escalations.

· Required Skills & Competencies

• Commercial acumen with focus on profitability and risk selection.
• Effective communication and negotiation skills.
• Proficiency in MS Excel and underwriting systems.
• Good understanding of claims impact on underwriting decisions.

· Qualification and Experience:

• Graduate/Post-Graduate (Insurance broking, Insurance or Risk Management preferred)
• AIII / ACII or equivalent insurance qualifications preferred
• Minimum 4+ years of experience in underwriting

Other Details:

• Strong technical underwriting knowledge in non-EB lines.
• Ability to assess complex risks and interpret policy wordings.
• Commercial acumen with focus on profitability and risk selection.
• Effective communication and negotiation skills.
• Proficiency in MS Excel and underwriting systems.
• Good understanding of claims impact on underwriting decisions.