Chief Manager/Associate Vice President Underwriting

1. Property Underwriting

• Evaluate risks for Property (Fire, Engineering, Burglary, and Allied Perils) for midcorporate and large clients.
• Analyze proposals and conduct site inspections when required to determine coverage, terms, and pricing.
• Ensure underwriting decisions comply with internal guidelines, regulatory norms, and reinsurance treaties.
• Manage and monitor the profitability of the Property portfolio, identifying trends and corrective actions.

2. SME Underwriting

• Assess risks for small and medium enterprise products across standard fire, engineering, and business packages.
• Review documentation, evaluate risk exposures, and recommend suitable coverage parameters.
• Ensure quick turnaround for channel partners while maintaining underwriting quality and consistency.
• Track SME portfolio performance, loss ratios, and suggest enhancements to product or underwriting processes.

3. CrossFunctional Collaboration

• Work closely with Sales, Claims, Operations, and Reinsurance teams to ensure accurate policy issuance and effective servicing.
• Support intermediaries, brokers, and channel partners with technical underwriting guidance.
• Participate in joint client meetings or risk inspections as needed.

4. Compliance & Documentation

• Maintain complete, accurate, and audit-ready underwriting documentation.
• Ensure adherence to IRDAI regulations, internal policies, and company underwriting standards.
• Keep abreast of regulatory and market developments impacting both Property and SME portfolios.

5. Team Leadership & Capability Building

• Mentor junior underwriters and provide continuous technical support.
• Conduct training sessions to strengthen knowledge within the team and across business channels.
• Promote best underwriting practices and contribute to process improvement initiatives.

Qualifications & Experience

• Graduate/Postgraduate in Insurance, Risk Management, or a related discipline.
• 810 years of proven experience in Property and/or SME underwriting.
• Strong technical knowledge of Fire, Engineering, Burglary, and allied lines of business.
• Experience with underwriting tools, risk inspection methodologies, and regulatory frameworks.

Skills & Competencies

• Strong analytical aptitude with sound decision-making ability.
• Excellent communication and stakeholder management skills.
• Proficiency in MS Office and underwriting software systems.
• Ability to work independently and manage regional underwriting operations efficiently.