Experience
5 - 7 yrs
Job Location
Kolkata, India
Vacancy
1
Designation
Underwriting Manager
Job Type
Not specified
Job Description
- Oversee the daily operations of the motor underwriting department, ensuring efficient processing and assessment of motor insurance applications.
- Develop and implement underwriting policies, guidelines, and procedures to manage risk and ensure compliance with company policies and regulatory requirements.
- Evaluate and underwrite complex motor insurance risks, making decisions on policy terms, conditions, and pricing.
- Monitor and analyze underwriting performance, identifying trends and areas for improvement.
- Collaborate with the sales and claims departments to ensure a seamless approach to motor insurance services.
- Maintain strong relationships with agents, and other stakeholders, providing expert advice and support on underwriting matters.
- Review and approve large or complex motor insurance applications, ensuring appropriate risk assessment and pricing.
- Stay updated on industry trends, market conditions, and regulatory changes to ensure competitive and compliant underwriting practices.
- Prepare regular reports on underwriting performance, risk exposure, and key metrics for senior management review.
Qualifications:
- Bachelor s degree in insurance, Business Administration, or a related field.
- Minimum of 5-7 years of experience in motor underwriting within the insurance industry.
- Strong knowledge of motor insurance policies, underwriting principles, and relevant regulations.
- Excellent communication and interpersonal skills.
- Proficiency in using underwriting software.
How to Apply:
Interested candidates are invited to submit their resume and a cover letter detailing their qualifications and experience to hr@rminsurance.in
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