Manager-Employee Benefits-Underwriting

Job Description

Role: Underwriting

Department: Employee Benefits Practice

About Us:

Prudent is a Composite Insurance Broker regulated by the Insurance Regulatory and Development Authority of India (IRDAI) and headquartered in Mumbai, India. Prudent is one of the leading insurance brokers in the country.

We specialize in building long-term relationships and instilling confidence in our partners. As a partner-focused organization, we are committed to delivering best-in-class insurance solutions and services tailored to meet the diverse needs of our clients.

Recognized as:

• Great Place to Work 2024 and 2025 - This achievement reflects our unwavering commitment to a workplace where innovation, collaboration, and success go hand in hand; thanks to each Prudent family member for being the driving force behind our success.
• One of ! This honor reflects our unwavering commitment to fostering a culture where every woman can thrive and shine, and every voice is heard. Together, were building a future of , , and for all team members!!

Job Title: Manager Employee Benefits Underwriting

Reporting to: Vice President

Job Summary/About the role:

The position will involve build and maintain relationships with the key stakeholders at the insurance companies.

Required Qualifications:

A minimum of a bachelors degree in any stream.

Required Experience and Skills:

• 5-10 years of experience in Insurance Company, Brokers in Insurer Relation Management role.
• Have good time management skills.
• Be proficient in verbal and written English.
• Should be good team player
• Have service orientation.
• Have good negotiation & convincing skills

Key Responsibilities:

• Meet insurance companies regularly to ensure continuous engagement with different stakeholders.
• Understand details around client need, existing policy terms and portfolio information.
• Study the claims MIS and dump, report the analysis in presentable format with meaningful insights.
• Float the proposal to insurers and negotiate terms and premium amount.
• Ensure competitive quotes are received in the given timeline.
• Follow-up with insurers on the terms based on the feedback received from client/sales.
• Keep abreast with the new products in the market, along with an understanding of the lines of business currently being focused on by the insurers.